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Daily Market Analysis 18.11.2022: US100

Instrument: US100

Technical Analysis

Bullish Preference:  
Buy position is envisaged if price trades above 11860.93 with take profit at 11892.99
Bearish Preference: 
Sell position is envisaged if price trades below 11746.25 with take profit at 11710.49
Fundamentals:
No high impact fundamental

Comment: 
The dollar eased on Friday, but was still headed for its largest weekly gain in a month, after Federal Reserve officials reiterated their commitment to raising U.S. interest rates more than markets currently anticipate.

Analysis: SCRUM Team

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