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On the daily chart of USD/CAD, bulls managed to reach the 127.2% and 88.6% targets of the AB=CD and "Bat" patterns.
On the daily chart of USD/CAD, bulls managed to reach the 127.2% and 88.6% targets of the AB=CD and "Bat" patterns.
What will be the prevailing mood in 2019 and which assets will gain the most on the basis of it?
Trade signals for December 24
The New Year for most of the countries is coming and it’s time to refresh all crucial events of the passing year.
USD/JPY made a big break down last week and fell until it got supported by 100-week MA at 111.00.
On the daily chart of AUD/USD, the 88.6% target of the "Shark" pattern was reached.
On the daily chart of NZD/USD, bears managed to pull the pair down due to the "Three Indians" pattern's implementation.
Trading hints for December 21
NZD/USD is testing support of the short-term range between 0.6790 and 0.6760.
On the daily chart of EUR/USD, there is the implementation of the "Three Indians" and "Spike and Ledge" patterns' combination based on the 1-2-3 one.
On the daily chart of EUR/GBP, the reversal towards the 23.6% target of the CD wave as a part of the "Shark" pattern's transformation into the 5-0 one helped to open long positions.
Find out how to trade GBP/USD ahead of the BOE statement!
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!