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EUR/JPY: technical analysis 13.12.19

Current trend On the 4-hour chart, the pair keeps an active positive dynamic. The price has tested the resistance level of 122.572 and was slightly corrected downwards, but the general upward trend maintains. The decisive break of 122.656 is needed to indicate uptrend resumption. In this case, the next targets of buyers will be the...

XAU/USD: technical analysis 13.12.19

Current trend XAU/USD quotes attempted to grow, but reaching 1469.89 resistance moved to a decline. The first support is located on the 1464.84 level. Assuming the pair’s ability to cross this mark, the level of 1462.15-1460.94 can be targeted if holding short positions. Alternative scenario The pullback above 1468.75 and the pair’s sustained trading above...

NZD/USD: technical analysis 13.12.19

Current trend NZD/USD is in the stage of a downward correction after growing to the level of 0.66340. If the sellers manage to decline the rate below the level of 0.66071, the correction can continue to the area of 0.65918. This level will be an important line in the short term period. The decisive break...

AUD/USD: technical analysis 12.12.19

Current trend AUD/USD is in the stage of a downward correction after falling to the level of 0.68885. If the sellers manage to decline the rate below the level of 0.68817, the correction can continue to the area of 0.68665. This level will be key for the sellers in the short term period. The breakdown...

USD/JPY: technical analysis 12.12.19

Current trend On the 4-hour chart, the instrument is correcting up from the lower line of the Bollinger Bands and approaching strong support in the region of 108.594-108.620. This area is coincided with the middle line of Bollinger Bands and can activate a downward rebound. However, the decisive break of 108.620 is needed to indicate...

GBP/USD: technical analysis 12.12.19

Current trend GBP/USD is in the stage of a downward correction after growing to the level of 1.32284, but the upward trend is still maintained. If the "bulls" manage to raise the rate above the level of 1.32300, the growth can continue to the area of 1.32446. This level can prevent the instrument from growing,...

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