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[B]Prelim UoM Consumer Sentiment in the US & Governor Sarah Bloom Raskin speech in Boston are the main events. Let’s see what awaits us today.[/B]

In the US, Prelim University of Michigan (UoM) Consumer Sentiment, the earlier the most impact composite index based on surveyed consumers is about to rise by 1.5 points. Monthly Survey of about 500 consumers to rate the relative level of current and future economic conditions.

Read the rest of the [URL="http://www.forexcrunch.com/category/daily-analysis/"][I][B]daily forex forecast[/B][/I][/URL].

[B]Eur/Usd is down already more than 500 pips since past weeks high, established at 1.4278 region. The pair is extremely oversold, and a five wave structure from the most recent highs suggests that Euro should recover in the very near future. Elliott wave theory says that trend always change a direction after every five waves, impulsive structure.[/B]

As such, we are expecting higher prices as long as the pair trades above 1.3670 weekly low. More in the video.

Read the [URL="http://www.forexcrunch.com/eurusd-looking-for-a-recovery/"][I][B]EUR/USD Elliot Wave Analysis[/B][/I][/URL]

Forex Trades 11/11 - US session
[b][img]http://www.mataf.net/images/_V3img/fleches/flat_arrow_16.png[/img] [url="http://www.mataf.net/en/forex/eurusd"]EUR/USD - Euro / US Dollar[/url][/b]
[b]Resistances[/b]: 1.3975 - 1.3825 - 1.3765
[b]Supports[/b]: 1.3535 - 1.36 - 1.3675

[b][img]http://www.mataf.net/images/_V3img/fleches/flat_arrow_16.png[/img] [url="http://www.mataf.net/en/forex/gbpjpy"]GBP/JPY - British Pound / Yen[/url][/b]
[b]Resistances[/b]: 135 - 133.8 - 133.05
[b]Supports[/b]: 131.05 - 131.85 - 132.25

[b][img]http://www.mataf.net/images/_V3img/fleches/flat_arrow_16.png[/img] [url="http://www.mataf.net/en/forex/usdcad"]USD/CAD - US Dollar / Canadian Dollar[/url][/b] ...