fbpx
LATEST NEWS

EUR/USD hits key support below again? Is there a chance to break through?

Share This Post

EUR/USD:
The EUR/USD D1 chart has once again hit the lower support level and cannot be broken. Yesterday’s CPI data also showed that US inflation hit a 40-year high.

The same is true for the H1 chart. The price has tried to fall below the 1 price many times, but has been supported many times. But the overall trend is still in a downtrend. Cole is concerned about the support below, and once it is broken, it can be greatly shorted.

Order suggestion:
Go short at the support position and wait for the breakout to go short.

All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.

More To Explore

Daily Market Analysis

国际金价小幅走强,投资者须关注两大风险事件

周三(11月30日),国际金价小幅上涨,受助于美元下跌。投资者主要关注美联储主席鲍威尔即将发表的讲话,以了解美联储未来货币政策路径。鲍威尔讲话前还将公布的ADP就业数据也受到关注。 北京时间15:15,现货黄金上涨0.35%至1755.71美元/盎司;COMEX期金主力合约上涨0.29%至1768.9美元/盎司;美元指数下跌0.21%至106.581。 美联储主席鲍威尔将在北京时间周四(12月1日)2:30就美国经济前景和就业市场发表讲话,投资者将从中寻找有关美联储明年加息计划的任何新线索。

Access The Financial Markets Online Anywhere Anytime

It only takes a few minutes to enter the exciting world of trading

Account Types

Cutting-edge MT5 trading platform, that are designed and developed to provide stability and enable real-time trading.

Social Trading

Cutting-edge MT5 trading platform, that are designed and developed to provide stability and enable real-time trading.

Promotions

Cutting-edge MT5 trading platform, that are designed and developed to provide stability and enable real-time trading.

Introducer Broker Program

Cutting-edge MT5 trading platform, that are designed and developed to provide stability and enable real-time trading.

Risk Warning : Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. 

Risk Warning:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Trading in Futures or Options involve a high degree of risk and are not suitable for all investors. The amount you may lose may be greater than your initial investment (seek advice from an independent and suitably licensed financial advisor if necessary). Past performance on is not a reliable indicator for future results. The information provided by Ultimate Pinnacle LTD. is general that should not be interpreted as investment advice. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Ultimate Pinnacle Limited is a limited liability company established in Belize as an operating subsidiary within the Lepanto Group of companies (collectively “Ultimate Pinnacle”) under Registration No. 173474 and having its registered address at No. 1 Corner of Hutson Street and Marine Parade, Belize City, Belize.

Ultimate Pinnacle Limited is a company authorized and regulated by the National Futures Association (NFA ID: 0537666)
Ultimate Pinnacle Limited is a company authorized and regulated by the FinCEN Money Services Businesses (MSB ID: 31000228678615)

Site Support: [email protected]

Ultimate Pinnacle Limited @ Data Mine Group © 2016-2022 / ALL RIGHTS RESERVED

GC=F 
$1,796.50000  2.08%  
BTC-USD 
$17,131.42400  1.51%  
AAPL 
$148.03000  4.86%  
EURUSD=X 
$1.04570  0.47%  
GBPUSD=X 
$1.21942  1.10%  
INTC 
$30.07000  4.05%  
NFLX 
$305.53000  8.75%