Trading ideas for 11/30/2023

Hello. Below are several recommendations for trading on the Forex market on November 30, 2023

EURUSD

The EURUSD pair formed Inside bar pattern. I don’t see any good support from above to go into a long correction. But given the end of the month, we may fall down a little. In transaction statistics, there is interest in sales, and this does not contribute to a fall in price. Therefore, I will refrain from selling here. If we start a correction, I will wait around 1.0851 for new purchases.

GBPUSD

On the GBPUSD pair, the Doji pattern also did not reach the support in the form of level 1.2746 . For downside correction purposes we have FVG 1.2590. If we give a pullback, I will look for buy signals there, with the expectation of continued growth and taking the levels of 1.2746 and 1.2669.

XAGUSD

Silver has an interesting Doji pattern. The price reached the targets of 25.00 and rebounded from the high of 25.25. I believe that we will continue to grow beyond the maximum of 25.25. But perhaps now we’ll make a downward correction. The targets for correction are FVG 24.52 and just below the level of 24.13. I will look at their reactions and make purchasing decisions.

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