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Analytics and trading signals for beginners. How to trade EUR/USD on December 1. Analysis of Monday trades. Getting ready for Tuesday session.
EUR/USD hourly chart On Monday session, the EUR/USD pair continued its upward movement. By the end of the day, it finally tested the 1.2000 level (1.2003 to be precise). Thus...
Analytics and trading signals for beginners. How to trade GBP/USD on December 1? Analysis of Monday deals. Getting ready for Tuesday
Hourly chart of the GBP/USD pair The GBP/USD pair faced multidirectional trading on Monday, November 30. It is extremely difficult for novice traders to trade this pair right now. Over...
Gold starts the week with new lows
Gold price remains under pressure making new lower lows. In a previous analysis back in early November we warned traders that Gold price was still vulnerable to a decline towards...
November 30, 2020 : GBP/USD Intraday technical analysis and trade recommendations.
Further bullish advancement was expressed towards 1.3380-1.3400 where the pair looks overbought after failure of the previous price zone to offer sufficient bearish pressure on the pair. Upon the recent...
November 30, 2020 : EUR/USD daily technical review and trade recommendations.
Another upside movement was expressed towards 1.1950-1.1980 where price action should be watched for possible bearish rejection. Moreover, Bearish closure below the mentioned price zone of 1.1840 is needed...
November 30, 2020 : EUR/USD Intraday technical analysis and trade recommendations.
The current bullish pullback towards the price zone of 1.1930-1.1950 is supposed to be considered for signs of bearish rejection and another valid SELL Entry. S/L should be placed just...
Ichimoku cloud indicator Daily analysis of EURUSD
EURUSD remains in a bullish trend according to the Ichimoku cloud indicator. Today we use this indicator to identify key short-term price levels that traders should monitor closely. Although...
USDJPY remains vulnerable to a move towards 103.
USDJPY continues to make lower lows and lower highs since May and the high at 109.85. Price has formed a bearish channel that is respecting since...
What may push euro above 1.20?
The euro's chances to break and consolidate above 1.20 at the beginning of the week will depend on various factors. For example, the OPEC+ decision on the extension...
Evening review of EUR/USD on November 30,2020. Euro may drop
EUR/USD: The euro is still gaining in value, but it may decline. Buyers of the euro are waiting for a drop to 1.1930 or even lower. This will give them...