empty
30.11.2023 10:56 PM
Ichimoku cloud indicator analysis on EURUSD for November 30th, 2023.

This image is no longer relevant

EURUSD is trading around 1.0884. Price has broken inside the 4 hour Kumo (cloud) support. According to the Ichimoku cloud indicator, trend is now neutral from bullish as price has broken inside the cloud. The Chikou span (black line indicator) is below the candlestick pattern. Has just turned bearish. The tenkan-sen (Red line indicator) provides resistance at 1.0937. The kijun-sen (yellow line indicator) provide resistance at 1.0948. EURUSD is vulnerable to more downside. Next key support is the lower cloud boundary at 1.0829. Bulls do not want to see price break below this level.

Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Forecast for EUR/USD on June 2, 2025

The euro closed Friday with a black candle but consolidated above the balance and MACD indicator lines. During today's Pacific session, the price surpassed Friday's opening and approached its high

Laurie Bailey 04:36 2025-06-02 UTC+2

Forecast for GBP/USD on June 2, 2025

The British pound gradually reversed from the support level of 1.3433 reached on May 29. Starting the day with optimistic growth (the quote has already exceeded Friday's and Thursday's opening

Laurie Bailey 04:30 2025-06-02 UTC+2

Forecast for AUD/USD on June 2, 2025

On Saturday, strong PMI figures from China for May were published, providing an optimistic start to the new week. The Manufacturing PMI rose from 49.0 to 49.5, and the Composite

Laurie Bailey 04:30 2025-06-02 UTC+2

Trading Signals for GOLD for May 30, 2025: buy above $3,281 (200 EMA - 6/8 Murray)

Gold left a gap around 3,324 in early May and is likely to be filled in the coming days. For this, we should expect the price to consolidate above

Dimitrios Zappas 17:35 2025-05-30 UTC+2

Trading Signals for EUR/USD for May 30, 2025: sell below 1.1350 (21 SMA - 5/8 Murray)

If the euro falls below 1.1319, we could expect it to continue falling, with targets at the 200 EMA around 1.1248, and it could even reach the bottom

Dimitrios Zappas 17:33 2025-05-30 UTC+2

GBP/USD. Analysis and Forecast

The GBP/USD pair is attracting new sellers following its recent rebound from the 1.3415 level, amid modest gains in the U.S. dollar. However, today, the potential for further downside appears

Irina Yanina 13:24 2025-05-30 UTC+2

Forecast for EUR/USD on May 30, 2025

On Thursday, the EUR/USD pair sharply reversed in favor of the euro and rose into the resistance zone of 1.1374–1.1380. A rebound from this zone favored the U.S. dollar

Samir Klishi 10:58 2025-05-30 UTC+2

Forecast for GBP/USD on May 30, 2025

On the hourly chart, the GBP/USD pair dropped to the 1.3425 level on Thursday, then rebounded and reversed in favor of the British pound. This initiated a growth process toward

Samir Klishi 10:41 2025-05-30 UTC+2

Forex forecast 30/05/2025: EUR/USD, GBP/USD, USD/JPY, SP500, Gold, and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful

Sebastian Seliga 09:30 2025-05-30 UTC+2

Forecast for EUR/USD on May 30, 2025

Like other anti-dollar currencies, the euro quickly overcame the negative news from the U.S. Court of International Trade and closed the day with a 76-pip gain. This morning, the price

Laurie Bailey 05:26 2025-05-30 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.