EUR/USD has obstacles on the upside
EUR/USD is once again testing the October resistance line, upper daily Bollinger band, and the daily Ichimoku Cloud.
Tag - usd
USD/JPY: sell the USD
On the daily chart of USD/JPY, bears try to implement the combination of the "Three Indians" and "Spike and Ledge" reversal patterns based on the 1-2-3 one.
Trading plan for December 19
The economic calendar is full of events: FOMC Statement, British and Canadian CPI, New Zealand GDP…
GBP/USD: the pound recovers
On the daily chart of GBP/USD, bulls try to push the pair back to the triangle's borders and the previous consolidation range between 1.27 and 1.33.
USD/CHF: bulls don't give up
On the daily chart of USD/CHF, the transformation of the "Shark" pattern into the 5-0 one continues.
USD/JPY looks vulnerable
USD/JPY may have finally reached the time when it will test levels below the support line.
What central bank meetings will bring to the markets?
This week will bring us 3 central bank meetings. Let’s consider how they may turn out for market moves.
Trading plan for December 18
As we can see from the economic calendar, there is no significant data today…
USD/CAD: bulls pull the pair up
On the daily chart of USD/CAD, the implementation of the "Bat" and AB=CD patterns continues.
XAU/USD: the gold is strong
On the daily chart of XAU/USD, the rebound from the support at 1,239 helped to open long positions.
Trading plan for December 17
Fed, BOJ, and BOE will meet this week to announce their interest rates.
Weekly Forex Outlook: December 17-21, 2018
Trade ideas on December 17-21
