Our 8 November Free Trading Signals for EUR/USD, XAU/USD, ETH/USD and BTC/USD include technical outlook as the following:
8 November EURUSD trading signal
From the technical point of view, the EUR/USD was dropping for four consecutive days, the largest consecutive decline since early September. In the meantime, on D1 timeframe the pair has found support on Moving Average 50 (red line). MA 50 acts as very strong support on daily timeframe. I am expecting the pair to bounce from MA 50 in correction after 4 days of consecutive decline. In H1 timeframe triple divergence (yellow line) was formed on MACD indicator, which supports bullish entries. Scroll down to see the signal details with my SL, TP and entry levels for EURUSD.
8 November XAUUSD trading signal
From the technical point of view, the XAU/USD price broke below 200 Moving average (blue line) and 50 Moving average (red line) on H1 timeframe, at the same time bullish trendline was broken (violet line). I am looking for Sell orders below 1460 psychological level.
8 November ETHUSD trading signal
ETHUSD broke the bullish channel. in which the pair stayed for the last 3 days. I am looking for Sell orders below 200 Moving average (blue line) dynamic support.
8 November BTCUSD trading signal
Bitcoin once again returned into 9000 – 9400 range, which was holding pair inside for the previous 9 days. Looks like breakout on Nov 4th was fake. I am looking for possible sell positions below 9000 support level. Above 9500 we could expect stronger bulls and with that scenario, we can see BTC/USD price surge towards 10300 zone once again.
Scroll down to see the signal details with my SL, TP and entry levels for BTC/USD.
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