Forex Signals for 04th December 2020

Forex Signals for 04th December 2020

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Buy GBPUSD at 1.3467

Take Profit at 1.3520

Stop loss at 1.3400

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Buy GBPJPY at  139.85

Take profit at 140.20

Stop loss at 139.30

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Buy EurUsd at 1.2156

Take Profit at 1.2210

Stop loss at 1.2100

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Buy Xauusd at 1843

Take Profit at 1853

Stop loss at 1830

You can also place a buy limit at 1834

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• GBP/USD Tests Support At 1.3535.January 24, 2022
  British pound declines ahead of PMI reports.U.S. Dollar Gains Ground Against British Pound.GBP/USD is currently trying to settle below the support at 1.3535 while U.S. dollar is gaining ground against a broad basket of currencies.The U.S. Dollar Index continues its attempts to settle above the 20 EMA at 95.70. In case the U.S. Dollar IndexContinue reading “GBP/USD Tests Support At 1.3535.”
• EUR/USD Is Back To The 1.1300 – 1.1330 Range.January 24, 2022
  EUR/USD is moving lower at the start of the week.Euro Is Losing Ground Against U.S. Dollar.EUR/USD is currently trying to settle back below 1.1330 while U.S. dollar is gaining ground against a broad basket of currencies.The U.S. Dollar Index managed to get above the 20 EMA at 95.70 and is trying to gain additional upsideContinue reading “EUR/USD Is Back To The 1.1300 – 1.1330 Range.”
• Gold Price Forecast: XAU/USD has room to gradually decline all the way to $1,752.January 21, 2022
  XAU/USD Death Cross pattern is emerging. Yohay Elam, an Analyst at FXStreet, explains what it means and highlights levels to watch.Fears of the Fed open the door to an increase in yields, adverse for gold “The Death Cross is when the 50-day SMA crosses the 200-day SMA to the downside. They are about to ‘kiss’Continue reading “Gold Price Forecast: XAU/USD has room to gradually decline all the way to $1,752.”
• GBP/USD to extend its slide, 1.3530 aligns as the next target on the downs.January 21, 2022
  GBP/USD has come under renewed bearish pressure on Friday. Disappointing UK data and failure of 1.3600 support points to further losses, FXStreet’s Eren Sengezer reports.Next support for the pair aligns at 1.3530.“The UK’s Office for National Statistics reported that Retail Sales in December declined by 3.7% on a monthly basis. This print missed the marketContinue reading “GBP/USD to extend its slide, 1.3530 aligns as the next target on the downs.”
• EUR/USD has more downside in the first half of 2022.January 21, 2022
  However, EUR/USD is set to bounce back towards 1.15 later in the year.Break of 1.12 to trigger a move below 1.10.“We’re sticking to a core view that.EUR/USD has more downside in the first half of this year, but plenty of upside in the second half.”“We expect a break of 1.12 to trigger a move belowContinue reading “EUR/USD has more downside in the first half of 2022.”