Home -
Brokers -
Main body -

WikiFX Express

XM
FXTM
IC Markets Global
LiquidBrokers
EC markets
FOREX.com
TMGM
HFM
Pepperstone
octa

EUR/USD Price Analysis: Interim contention emerges near 1.0650

octa | 2023-11-09 14:06

Abstract:EUR/USD faces increasing selling pressure and returns to the sub-1.0700 region afer hitting new highs near 1.0750 at the beginning of the week.

100829387-157375311r.1910x1000.jpg

- EUR/USD comes under pressure following Mondays tops.

- Further decline could revisit the 1.0650 zone in the near term.

EUR/USD faces increasing selling pressure and returns to the sub-1.0700 region afer hitting new highs near 1.0750 at the beginning of the week.

In case the downward bias picks up extra pace, the pair could extend the pullback to the 55-day SMA near 1.0650, which is expected to provide temporary contention.

In the meantime, while below the 200-day SMA at 1.0804, the pairs outlook should remain negative.

EUR/USD daily chart

image.png
img_v2_ff2b99dc-3016-43b7-b9d9-35658d24d40g.png
Forex Analysis

Related broker

Regulated
octa
Company name:Octa Markets LTD
Score
6.48
Website:https://www.octafx.eu/
5-10 years | Regulated in Cyprus | Market Making License (MM) | MT4 Full License
Score
6.48

Read more

WikiFX Launches “Let Trust Be Seen” Initiative Series Together with Industry Partners

Trust has always been a widely discussed topic in the forex industry. When genuine, rational voices are drowned out, market participants struggle to discern which information is trustworthy amid a sea of complex data. This difficulty in establishing trust has placed industry transparency at the forefront of attention.

Original 2026-02-05 17:32

UNIGLOBEMARKET Analysis Report

UNIGLOBEMARKET presents a mixed picture that demands careful consideration from prospective traders, earning an overall rating of 5.5 out of 10 with a "Use with Caution" designation. Based on 55 trader reviews, the broker shows a concerning 40% negative rate, though it's worth noting that positive reviews still outnumber negative ones with 31 favorable assessments compared to 22 unfavorable ones. Read on for an insightful review.

Original 2026-01-30 14:46

uexo Analysis Report

uexo emerges as a recommended forex broker with a solid overall rating of 6.9 out of 10, demonstrating reliable performance that appeals to both novice and experienced traders. Based on a comprehensive analysis of 21 reviews, the broker maintains an impressively low negative rate of just 9.5%, with the sentiment distribution heavily favoring positive experiences—15 traders expressed satisfaction, 4 remained neutral, and only 2 reported negative encounters. Read on for more insights.

Original 2026-01-29 18:36

AMBER MARKETS Review 2026 — Is AMBER MARKETS Broker Safe for Forex Trading?

If you’re searching for an AMBER MARKETS review or wanting to know whether the AMBER MARKETS broker is regulated and trustworthy, this in-depth article breaks down everything you need to know before trading forex or CFDs with this broker.

Original 2026-01-28 14:40

WikiFX Express

XM
FXTM
IC Markets Global
LiquidBrokers
EC markets
FOREX.com
TMGM
HFM
Pepperstone
octa

WikiFX Broker

VT Markets

VT Markets

Regulated
D prime

D prime

Domestic Regulation
EBC

EBC

Regulated
FXCM

FXCM

Regulated
GO Markets

GO Markets

Regulated
XM

XM

Regulated
VT Markets

VT Markets

Regulated
D prime

D prime

Domestic Regulation
EBC

EBC

Regulated
FXCM

FXCM

Regulated
GO Markets

GO Markets

Regulated
XM

XM

Regulated

WikiFX Broker

VT Markets

VT Markets

Regulated
D prime

D prime

Domestic Regulation
EBC

EBC

Regulated
FXCM

FXCM

Regulated
GO Markets

GO Markets

Regulated
XM

XM

Regulated
VT Markets

VT Markets

Regulated
D prime

D prime

Domestic Regulation
EBC

EBC

Regulated
FXCM

FXCM

Regulated
GO Markets

GO Markets

Regulated
XM

XM

Regulated

Latest News

XeOne Complete Review: Is It Unregulated and Risky? A Detailed Look

WikiFX
2026-02-03 18:24

Geopolitical Risk Radar: Russia Nuclear Treaty Expiry Looms; Iran Weighs Diplomacy

WikiFX
2026-02-03 12:00

Global Markets Rattle: Commodities and Crypto Slump as 'Trump Trade' Fades

WikiFX
2026-02-03 13:40

Toyar Carson Limited Review: A Detailed Look at a Risky Broker

WikiFX
2026-02-03 18:56

USD Resilience: Strong Data Cushions Political Volatility as Trump Targets Fed

WikiFX
2026-02-03 17:20

SNB Strategy: Intervention Preferred Over Negative Rates as Inflation Flatlines

WikiFX
2026-02-03 16:00

Italy’s Financial Regulator Expands Crackdown on Unauthorised Investment Websites

WikiFX
2026-02-03 15:49

Naira Rallies to Start February as Government targets Fiscal Consolidation

WikiFX
2026-02-03 15:40

Gold Reclaims $4,800 After Historic Rout; Volatility Persists

WikiFX
2026-02-03 16:30

ECB and BoE Set to Hold Rates Amid Inflation Jitters

WikiFX
2026-02-03 16:40

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

FIS

FIS

Axiom Markets

Axiom Markets

V P Consultants

V P Consultants

 TradePro Market

TradePro Market

DOTO Futures

DOTO Futures

Equitas

Equitas

EQUINOX

EQUINOX

FX Option Trade247

FX Option Trade247

GLEVOR CAPITAL

GLEVOR CAPITAL

Wanda Bullion

Wanda Bullion