Forex Technical Analysis

GBP/USD: Trading Plan for the U.S. Session on December 20th (Review of Morning Trades). Pound Slightly Recovered

In my morning forecast, I highlighted the 1.2526 level as a key point for entering the market. Looking at the 5-minute chart, the pound rose but did not test 1.2526, [...]

Fri, Dec 20, 2024
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Trading Signals for GOLD (XAU//USD) for December 20-24, 2024: sell below $2,590 (2/8 Murray - 21 SMA)

Early in the American session, gold is trading around 2,602, bouncing off the low of 2,582. Now the price is above 2,600 which means it could continue its rise in [...]

Fri, Dec 20, 2024
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EUR/USD: Trading Plan for the U.S. Session on December 20th (Review of Morning Trades). Euro Tries to Regain Upward Momentum

In my morning forecast, I highlighted the 1.0351 level and planned to base entry decisions on it. Reviewing the 5-minute chart, a decline followed by a false breakout near 1.0351 [...]

Fri, Dec 20, 2024
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