NZDUSD SELL-0.65877
SL-0.66241
TP1-0.65726
TP2-0.65495
GBPUSD SELL-1.32488
SL-1.33084
TP1-1.32172
TP2-1.31840
AUDUSD SELL-0.68562
SL-0.69007
TP1-0.68407
TP2-0.68231
USDCAD BUY -1.31749
SL-1.31303
TP1-1.31978
TP2-1.32305
GBPJPY SELL-145.125
SL-145.945
TP1-144.809
TP2-144.552
NZDJPY SELL-72.171
SL-72.535
TP1-72.016
TP2-71.826
EURAUD BUY -1.62560
SL-1.62046
TP1-1.62794
TP2-1.63097
XAUUSD, “Gold vs US Dollar”
As we can see in the H4 chart, XAUUSD continues the correctional uptrend towards 38.2% fibo at 1488.16. After breaking еры level, the pair may continue growing to reach 50.0% and 61.8% fibo at 1501.30 and 1514.30 respectively. After completing the correction, the instrument may break the local low at 1445.60 and continue falling towards its mid-term target, which is 50.0% fibo at 1413.85.
In the H1 chart, the divergence made the pair start a quick descending impulse, which has reached 61.8% fibo at 1461.34. Right now, the price is forming a pullback towards the local high at 1486.69. If the instrument fails to reach and break the high, the next descending wave will be heading towards 76.0% fibo at 1455.50 and then the low at 1445.60.
USDCHF, “US Dollar vs Swiss Franc”
The H4 chart shows the descending correctional wave. After the price reached its mid-term high, there was a divergence on MACD, which made the pair start a quick descending wave. By now, it has almost reached 61.8% fibo at 0.9801. After breaking this level and fixing below it, USDCHF may continue falling towards 76.0% at 0.9748. At the same time, there is a convergence on MACD, which may indicate a possible reverse soon.
As we can see in the H1 chart, USDCHF is trading downwards to reach 61.8% fibo at 0.9801. At the same time, there is a convergence on MACD.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is trading at 0.6870; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 0.6855 and then resume moving upwards to reach 0.6980. Another signal to confirm further ascending movement is the price’s rebounding from the support level. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 0.6795. In this case, the pair may continue falling towards 0.6695.
NZDUSD, “New Zealand Dollar vs US Dollar”
NZDUSD is trading at 0.6594; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 0.6570 and then resume moving upwards to reach 0.6695. Another signal to confirm further ascending movement is the price’s rebounding from the support level. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 0.6450. In this case, the pair may continue falling towards 0.6365.
USDCAD, “US Dollar vs Canadian Dollar”
USDCAD is trading at 1.3163; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.3195 and then resume moving downwards to reach 1.3025. Another signal to confirm further descending movement is the price’s rebounding from the descending channel’s upside border. However, the scenario that implies further decline may be canceled if the price breaks the cloud’s upside border and fixes above 1.3260. In this case, the pair may continue growing towards 1.3345.
EURUSD, “Euro vs. US Dollar”
In the H4 chart, EURUSD is consolidating. In this case, the price is expected to test 5/8, rebound from it, and then resume trading downwards to reach the support at 3/8. However, this scenario may no longer be valid if the price breaks 5/8 to the upside. After that, the instrument may continue growing towards the resistance at 6/8.
As we can see in the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, may continue moving downwards.
GBPUSD, “Great Britain Pound vs US Dollar”
As we can see in the H4 chart, GBPUSD is moving between 5/8 and 6/8. In this case, the price is expected to test 6/8, rebound from it, and then resume falling towards the support at 4/8. However, this scenario may no longer be valid if the price breaks 6/8. After that, the instrument is expected to continue growing to reach the resistance at 7/8.
In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue trading downwards to reach 4/8 from the H4 chart.
EURUSD, “Euro vs US Dollar”
EURUSD is correcting with the target at 1.1100. Possibly, today the pair may move upwards to reach 1.1146 and then form a new descending structure towards the above-mentioned target. Later, the market may start the fifth wave to the upside to reach the key target at 1.1236.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is correcting with the target at 1.3288. Today, the pair may grow towards 1.3400 and then resume moving downwards to reach the above-mentioned target. After that, the instrument may form one more ascending structure towards 1.3542.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF is consolidating around 0.9830. Possibly, today the pair may expand this range towards 0.9870. Later, the market may start a new decline with the target at 0.9790 and then resume trading upwards to reach 0.9915.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY is correcting with the target at 109.14. Today, the pair may reach 109.44 and then start a new decline to reach the above-mentioned target. After that, the instrument may form one more ascending structure with the short-term target at 109.80.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is correcting towards 0.6856. Later, the market may resume moving upwards with the key upside target at 0.6959.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB has completed the ascending impulse at 62.91 along with the correction towards 62.50, thus forming a new consolidation range. If later the price breaks this range to the upside at 62.90, the market may start a new growth with the short-term target at 63.37.
USDCAD, “US Dollar vs Canadian Dollar”
USDCAD is consolidating around 1.3177. Possibly, the pair may reach 1.3200 and then form a new descending structure towards 1.3131. Later, the market may start another correction with the target at 1.3232.
XAUUSD, “Gold vs US Dollar”
Gold is correcting towards 1480.88. After that, the instrument may form a new descending structure to break 1465.05 and then continue moving downwards with the target at 1449.40.
BRENT
Brent has finished the ascending impulse at 66.00; right now, it is correcting downwards to reach 64.77. After that, the market may start a new growth with the short-term target at 67.20.
BTCUSD, “Bitcoin vs US Dollar”
BTCUSD is moving downwards with the target at 7000.00. Later, the market may form one more ascending structure to break 7600.00 and then continue trading upwards to reach 8165.00.
AUDUSD is falling early in the week influenced by the strong USD and rather mixed statistics.
The Australian Dollar is retreating against the USD in the middle of December. The current quote for the instrument is 0.6870.
In the morning, Australia reported on the Manufacturing PMI, which dropped down to 49.4 points in December after being 49.9 points in the pre3vious month, thus indicating a continual decline in the sector. The Services PMI in Australia decreased down to 49.5 points after showing 49.7 points in November, which is also pretty bad for the Aussie because should be vice versa due to the seasonality.
Numbers from China, no matter how positive they were, couldn’t support the Australian Dollar. The Industrial Production added 6.2% y/y in November and reached its five-month high after showing +4.7% y/y the month before and against the expected reading of +5.1% y/y. Apparently, the indicator improved because of more active domestic demand – the Chinese government put a lot of effort for that.
The Fixed Asset Investment showed +5/2% ytd/y, just as expected. The Retail Sales added 8.0% y/y in November after expanding by 7.2% y/y in October.
News relating to a possible signature of the first phase of the US-China trade agreement should have a positive influence on the Australian currency.
EURUSD BUY -1.11436
SL-1.11015
TP1-1.11610
TP2-1.11796
EURJPY BUY -121.933
SL-121.513
TP1-122.128
TP2-122.320
AUDJPY BUY -75.375
SL-74.988
TP1-75.578
TP2-75.777
CADJPY BUY -83.360
SL-82.952
TP1-83.538
TP2-83.702
CHFJPY BUY -111.292
SL-110.659
TP1-111.560
TP2-111.795
AUDUSD BUY -0.68875
SL-0.68442
TP1-0.69098
TP2-0.69298
NZDUSD BUY -0.66123
SL-0.65779
TP1-0.66319
TP2-0.66573
AUDCHF BUY -0.67720
SL-0.67318
TP1-0.67967
TP2-0.68149
result
Yesterday EURUSD BUY SIGNAL reaches target 1 and we got 17 pips profit now 🙂
Yesterday EURJPY BUY SIGNAL reaches target 2 and we got 40 pips profit now 🙂
Yesterday AUDJPY BUY SIGNAL reaches target 1 and we got 20 pips profit now 🙂
Yesterday CHFJPY BUY SIGNAL reaches target 2 and we got 50 pips profit now 🙂
Yesterday AUDUSD,AUDCHF,NZDUSD SIGNALS reaches stop losses 🙁
After a week to remember in UK politics, Lagarde’s first decision at the helm of the ECB, the last Fed decision of the year, another chapter in the trade drama, life goes on. Apart from the reactions to previous events, final US GDP, the Bank of England’s rate decision, and a mix of data from all over the world will set the tone Here the highlights for the upcoming week.
USDCAD, “US Dollar vs Canadian Dollar”
As we can see in the H4 chart, the pair continues forming another descending wave. By now, it has completed Hammer reversal pattern. The current situation implies that after reversing USDCAD may form a slight correction and then continue falling towards 1.3132. However, we shouldn’t ignore an alternative scenario, according to which the instrument may grow to return to 1.3235.
AUDUSD, “Australian Dollar vs US Dollar”
As we can see in the H4 chart, the pair continues forming the ascending tendency. After forming Hanging Man reversal pattern close to the channel’s upside border, AUDUSD is starting to reverse. In this case, the downside target may be at 0.6805. However, we shouldn’t ignore an alternative scenario, which implies that the instrument may update its highs and test 0.6945.
EURUSD, “Euro vs. US Dollar”
In the H4 chart, EURUSD is moving above 5/8. In this case, the price is expected to continue trading upwards to reach the resistance at 8/8. However, this scenario may no longer be valid if the price breaks 5/8 to the downside. After that, the instrument may resume falling towards the support at 3/8.
As we can see in the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may continue moving upwards.
GBPUSD, “Great Britain Pound vs US Dollar”
In the H4 chart, GBPUSD is moving above 5/8. In this case, the price is expected to continue growing towards the resistance at 8/8. However, this scenario may no longer be valid if the price breaks 5/8. After that, the instrument may continue falling to reach the support at 3/8.
As we can see in the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may continue trading upwards to reach 8/8 from the H4 chart.
