empty
 
 
20.11.2025 03:31 PM
Trading Signals for EUR/USD for November 20-23, 2025: buy above 1.1474 (200 EMA - 6/8 Murray)

This image is no longer relevant

The euro is trading around 1.1513 below the 200 EMA and below the 21 SMA with a bearish bias. EUR/USD could continue its fall in the coming hours to reach 6/8 Murray around 1.1474.

The euro could find good support around 1.1500. This level could give it a chance for a technical rebound, and we could expect EUR/USD to reach 1.1567, 1.1601, or even the top of the downtrend channel around 1.1620.

If the euro reaches the 6/8 Murray support, this level could be seen as an opportunity to open long positions and would give us the opportunity to buy with medium-term targets around 1.1740, where the price left a gap in October.

If the bearish force prevails, we expect the euro to find good support around 1.1420. This level is key, which signals a technical rebound.

Dimitrios Zappas,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Dimitrios Zappas
Start trade
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
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback