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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- Euro: Range holds with downside bias to 1.1200 – Societe Generale.Kit Juckes at Societe Generale highlights that recent G10 central bank actions have not sparked major FX moves, with EUR/USD still range-bound. He notes deeper Eurozone GDP forecast cuts versus other regions. The bank expects EUR/USD to drift toward 1.12 over time rather than 1.20, but sees a need for a fresh catalyst to break… Read more: Euro: Range holds with downside bias to 1.1200 – Societe Generale.
- The Euro already hiked; now it waits on WarshEUR/USD has gone almost nowhere since the weekend’s deal headlines, and Tuesday was more of the same: a dip that held above 1.1550, a grind back to the 1.1600 handle, and a hard stall at the 200-day Exponential Moving Average (EMA) sitting just overhead. The frustration for Euro bulls is that the currency is carrying… Read more: The Euro already hiked; now it waits on Warsh
- Gold consolidates above $4,300 amid Fed and Middle East uncertainty.Gold (XAU/USD) consolidates above $4,300 as investors monitored geopolitical developments and upcoming monetary policy decisions. Uncertainty surrounding the proposed US-Iran peace agreement and renewed tensions in the Middle East continued to support safe-haven demand. At the same time, markets adopted a cautious stance ahead of the upcoming Federal Reserve policy decision. These developments suggest that… Read more: Gold consolidates above $4,300 amid Fed and Middle East uncertainty.
- Euro: Gradual upside path outlined – RabobankRabobank’s FX Strategy team at RaboResearch Global Economics & Markets discusses how the Dollar initially benefited from safe haven flows during the Iran war, but has since softened as a ceasefire memorandum eased market tensions and tempered Fed hike expectations. They maintain a mildly constructive EUR/USD profile over coming months, while highlighting strong technical resistance… Read more: Euro: Gradual upside path outlined – Rabobank
- XAU/USD bullish at $4,322 — Lagarde speech and G7 meetings drive Monday session.Gold trades bullish at $4,321 in early Monday trading, consolidating just below the $4,325 resistance cluster after a sharp recovery from the $4,180–$4,200 demand zone last week. Price has reclaimed all key moving averages on the 15-minute chart, with the structure favoring continuation toward $4,340 and $4,383 provided the $4,247 support base holds. The week’s… Read more: XAU/USD bullish at $4,322 — Lagarde speech and G7 meetings drive Monday session.










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