13 Dec Weekly Forex Forecast / Forex Technical Analysis And More (December 14- 18 Dec 2020)
Weekly Forex Forecast
Get our trading strategies with our monthly & weekly Forex forecasts of currency pairs worth watching using support & resistance for the week of December 14-18, 2020
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GBPCAD There is a probability of first Tp to the proposed ( 1.70030 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
GBPUSD on the Weekly chart got another rejection by the weekly structure at the 1.34 level.The price hit a monthly descending trend line and close the week at the 1.32 area.On the daily chart we can see a head and shoulder formation with the market that after the last attempt to break upwards lose strength and break below the neckline as we expect in our previous idea.
EURCAD Still now continue with down trend . So Hopefully market try to takes next Support area for next up side movement.
GBPCHF The short-term view of the support zone . The possible shorter pullback to better sell position.
Crude Oil next Expected area is 49$. Then there have big possibility to goes down for next Support level.
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