13 Dec Forex Trading Signals, Trade Ideas Forex, Weekly Analysis Price Forecast December 2021
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I will be doing a full breakdown from monthly to daily. Also I will be including Fundamentals that will help us out with the direction as well.
Monthly: The price is currently rejecting a demand zone which is good because it can be a sign of a rejection to the up-side like it happened in the past.
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EURUSD The euro went back and forth last week, just as we did the previous week. That being said, it does look like the market is starting to favor the upside, so if we can take out the weekly candlestick from last week, I think it is very likely that the euro will probably go looking towards the 1.15 handle.
GBPJPY After letting this do its thing around that support it is shaping very nice and gearing up to make a upside push, so this is another pair that ill be keeping my eyes on early in the week, buy area still stands around 149.500 – 149.700 so I be looking for wicks around that area for a quick move back up.
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