Yesterday the EURUSD showed mixed sentiment, but the GBPUSD rose strongly. Today the EURUSD is rising a bit and the GBPUSD is showing mixed sentiment. From the data front, the Philadelphia Fed manufacturing index in November in the US will be published. Anyway, let’s move on to the analysis:
EURUSD
Yesterday the EURUSD showed mixed sentiment. The price finished the session slightly below 1.132. Today it is rising slowly. If the buyers continue generating sufficient demand, the price might reach the R2 resistance level and the EMA 200 today. But if the bears counterattack, the price could drop below the Pivot Point and 1.13.
GBPUSD
Yesterday the GBPUSD rose strongly. The price finished the session at 1.349. Today it is showing mixed sentiment. If the buyers show their strength once again, the price might go up above 1.352 today. But if the bears take control over the market, the price could drop to the EMA 77.
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