21 Dec Weekly Forex Forecast / Forex Technical Analysis And More (December 21-25 Dec 2020)
Get a Weekly Forex forecast of the major currencies at Pipsmake. Forex technical analysis, fundamental analysis and more in one place Forex Technical Analysis.
GBPUSD pair show a continuation to my recent analysis , price was rejected at that monthly 61.8 zone , now on the lower TF we can see the week closed with a small push to the upside for a correction , looking for price to retrace on this 61.8 level and then continue down to fill the wick as shown , although December is a slow month we recommend being really careful when placing trades.
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NZDUSD There is a probability of first TP to the proposed ( 0.71685 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
GBPJPY Now running with a Bullish Trend but there have big possibility to goes down for retest 137.500 Area. And Traders you can find a short sell here.
Crude Oil going to take 50$ Price with in few days. and there you can take only buy trade now because now market fully up trend .
Silver It appears that Silver has made a bullish comeback, shrugging off a major shakeout. We have a daily candle hopefully confirming again today, once again that this is a valid pattern.
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