Our 7 November Free Trading Signals for EUR/USD, GBP/USD, ETH/USD and BTC/USD include technical outlook as the following:
7 November EURUSD trading signal
From the technical point of view, the EUR/USD price flattened within 1.1065 and 1.1176 range. The pair is trading within 111 pips range for the last 15 days. The best way to trade is such a flat market is to buy near support and sell near resistance with relatively small stop loss. Also, divergence (yellow line) was formed on H1 timeframe, which supports bullish entries. Scroll down to see the signal details with my SL, TP and entry levels for EURUSD.
7 November GBPUSD trading signal
From the technical point of view, the GBP/USD price broke 200 Moving average (blue line) dynamic support on H1 timeframe and formed a bearish channel. I am looking for Sell orders from the upper channel boundary. Our TP level is towards the lower end of the channel. Brexit related news will be on our watch list.
7 November ETHUSD trading signal
ETHUSD is staying inside the bullish channel for the last 3 days. I am looking for Buy orders from the Lower channel boundary. Our TP level is towards the upper end of the channel.
7 November BTCUSD trading signal
Bitcoin broke 9000 – 9400 range, which was holding pair inside for the previous 6 days. I am looking for possible buy positions above 9400 support level. Above 9400 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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