Forex Signals for 18th December 2020
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Sell GBPUSD at 1.3527
Take Profit at 1.3470
Stop loss at 1.3560
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Sell GBPJPY at 139.90
Take profit at 139.30
Stop loss at 140.20
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Buy EurUsd at 1.2244
Take Profit at 1.2294
Stop loss at 1.2200
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Buy Xauusd at 1880
Take Profit at 1890
Stop loss at 1873
You can also place a buy limit at 1875
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Forex Signals for 17th December 2020
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- EUR/USD to remain becalmed well within a 1.0650-1.0750 range.EUR/USD softened on the BoC rate hike yesterday. Economists at ING discuss the world’s most popular currency pair outlook.Range-bound into next week Today’s session sees some revisionsContinue reading “EUR/USD to remain becalmed well within a 1.0650-1.0750 range.”
- EUR/USD to fall to 1.02 by the end of the year.Economists at Morgan Stanley discuss the EUR outlook.EUR/CHF to marginally increase toward parityWe expect EUR/USD to fall to 1.02 by the end of the year, driven byContinue reading “EUR/USD to fall to 1.02 by the end of the year.”
- GBP/USD rallies to fresh weekly high, eyes 1.2500 mark on modest USD weakness.GBP/USD gains strong positive traction on Wednesday and snaps a three-day losing streak.The GBP/USD pair catches aggressive bids following an early dip to sub-1.2400 levels and buildsContinue reading “GBP/USD rallies to fresh weekly high, eyes 1.2500 mark on modest USD weakness.”
- EUR/USD: Door open to test 1.05 near term.EUR is losing more steam. Economists at Credit Suisse analyze the shared currency outlook.Only 70 bps of rate cuts are priced for the ECB from Sep ’23Continue reading “EUR/USD: Door open to test 1.05 near term.”
- GBP/USD: Firm support should emerge on modest weakness through the upper 1.23 area.GBP/USD trades a little weaker but downside potential looks limited in the short run, in the view of economists at Scotiabank.Weakness through the mid-1.23 area could signalContinue reading “GBP/USD: Firm support should emerge on modest weakness through the upper 1.23 area.”
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