Forex Trading Library

EUR/USD – 12.11.2025

By Rami Abu-Draa On Nov 12, 2025

The Euro passed above the 1.1585 resistance level as the market closed from the downtrend line which is now around 1.1610.

If this trend managed to halt the price progression, a correction towards 1.1500 is likely.

Above 1.1610, the market could have the chance for a further advance towards the 1.1725-30 zone.

	SUPPORT	RESISTANCE
LEVEL1	1.1475	1.1610
LEVEL2	1.1390	1.1725-30
LEVEL3	1.1250	1.1780

Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

Intraday Analysis 12.11.2025

GBP/USD – 12.11.2025