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USD/CHF: technical analysis 06.12.2019

Current trend USD/CHF is consolidating around the 0.98700 support after a significant decline over the last three days. The instrument has the potential to further decline, but the upward correction is not excluded. If the sellers manage to decline the rate below the level of 0.98661, the downward movement can continue to the area of...

USD/CAD: technical analysis 06.12.2019

Current trend USD/CAD price is restoring after the fall to the level of 1.31603. At the moment the price has met the resistance at the level of 1.31836. The breakout of this level will give a prospect of growth to the level of 1.31989. The area of 1.31989-1.32018 seems a strong resistance area which can...

EUR/USD: technical analysis 06.12.2019

Current trend On the 4-hour chart, the instrument keeps a positive dynamic and testing the 1.11084 resistance. Assuming the pair’s ability to cross this level, the mark of 1.11237 can be targeted if holding long positions. Should prices continue growing above 1.11237, the level of 0.1.11389 might try activating a downward rebound. Alternative scenario Failure...

EUR/JPY: technical analysis 05.12.2019

Current trend EUR/JPY quotes attempted to grow, but reaching 120.703 mark moved to a decline. If the sellers manage to decline the rate below the level of 120.600 (middle line of Bollinger bands) the correction can continue to the area of 120.508. There is a chance of an upward rebound, while its breakdown would allow...

XAU/USD: technical analysis 05.12.2019

Current trend The XAU/USD pair begins today’s trading with slight bullish bias due to correction. The resistance 1476.56 can prevent the instrument from the growing as the possibility of the downward rebound is high there. Meanwhile, the breakout and pair' sustained trading above 1476.56 will be a signal for upward trend resumption and give a...

NZD/USD: technical analysis 05.12.2019

Current trend NZS/USD is in the stage of a downward correction after growing to the level of 0.65613. If the sellers manage to decline the rate below the level of 0.65308, the correction can continue to the area of 0.65155, 0.65002. The area of 0.65002 level seems a key correction target and can activate an...

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