Our 12 November Free Trading Signals for EUR/USD, XAU/USD, GBP/USD and BTC/USD include technical outlook as the following:
12 November EURUSD trading signal
EUR/USD stopped falling down after the largest consecutive decline since early September. The psychological support level of 1.1 in still untouched. If EUR/USD breaks 1.1 level we can expect further bearish trend. But in the meantime, if pair manages to break Moving averages 50 (red line) on H1. I am expecting the pair to bounce in correction after last week's decline. Scroll down to see the signal details with my SL, TP and entry levels for EURUSD.
12 November XAUUSD trading signal
From the technical point of view, the XAU/USD price is staying below 200 Moving average (blue line) and 50 Moving average (red line) on H1 timeframe as well as under bearish trendline (olive line). I am looking for Sell orders below 1450 level.
12 November GBPUSD trading signal
GBPUSD broke the bearish channel on H1 timeframe but faced resistance on Moving Average 200 (blue line). If the pair breaks dynamic resistance (MA 200) on H1 timeframe, I will be looking for Buy orders above 200 Moving average (blue line) dynamic resistance.
12 November BTCUSD trading signal
Bitcoin fell to the lowest level in the last 17 days. BTC/USD price is staying below 200 Moving average (blue line) and 50 Moving average (red line) on H1 timeframe. I am looking for possible sell positions below 8600 support level. Scroll down to see the signal details with my SL, TP and entry levels for BTC/USD.
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