Trading plan for December 13
Watch and find out how to trade EUR/USD and GBP/USD ahead of the ECB statement!
Tag - usd
USD/ZAR met resistance
USD/ZAR recoiled down from the resistance line connecting October highs and slipped under the daily moving averages.
USD/JPY: the yen weakens
On the daily chart of USD/JPY, the triangle and "Spike and Ledge" patterns based on 1-2-3 are implemented.
Evergreen buck heads south on inflation data
On Wednesday, the evergreen buck went down…
News to trade on December 12
Find out the best trading opportunities for today!
GBP/USD: the pound is moving down
On the daily chart of GBP/USD, bears managed to break the support at 1.27 and move the pair out of the triangle.
Trading plan for December 12
The market sentiment improved based on an ease of the trade war tensions between China and the US.
USD/CHF: the franc is weak
On the daily chart of USD/CHF, there is a transformation of the “Shark” pattern into 5-0.
EUR/USD is at the key support
EUR/USD is still supported by the 200-week MA at 1.1310. The pair came to the support line connecting November lows for the third time
USD/CAD: expect a correction
USD/CAD has reached resistance of June highs around 1.3386. It briefly tested levels above this point, but then returned lower.
Trading plan for December 11
Watch and find out the key levels for EUR/USD, GBP/USD and NZD/USD for today!
XAU/USD: the gold is going up
On the daily chart of XAU/USD, the correction to the downward middle-term trend continues.
