Thursday, December 12, 2019
USDCHF may fall towards 0/8, while XAUUSD may grow to reach 8/8.
GOLD has rebounded from the rising channel’s downside border, while NZDUSD is still moving close to the rising channel’s upside border.
AUDUSD has broken 0.6850; right now, it is still growing.
AUDUSD is growing towards the high at 0.6929, while USDCAD stopped skyrocketing and started plunging.
Wednesday, December 11, 2019
On Wednesday morning, the major currency pair is falling after growing earlier; market players’ attention is totally focused on the US Fed December meeting.
GBPUSD is falling on Wednesday morning; investors are “digesting” the statistics and waiting for the US Fed meeting.
USDJPY has reached 108.75.
In case of GBPUSD, there is a divergence on MACD, which indicates a new decline soon; EURJPY is about to start a new rising impulse to reach its highs.
EURUSD continues moving near the resistance level, while USDJPY is still testing the ascending channel’s downside border.
USDJPY is consolidating, while USDCAD may fall towards 3/8.
Tuesday, December 10, 2019
On Tuesday morning, AUDUSD is retreating affected by the statistics from Austalia and China.
USDCHF is consolidating around 0.9880.
USDCAD is forming another descending wave, while AUDUSD is correcting after rebounding from the rising channel’s downside border.
After completing a steady rising impulse, EURUSD is forming a quick correction, which may later be followed by a further growth; USDJPY has stopped falling at 23.6% fibo.
AUDUSD is consolidating, while NZDUSD may fall to reach 5/8.