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12.12.201703:07 Forex Analysis & Reviews: The trading plan for the US session on December 11 is EUR/USD and GBP/USD

Long-term review
Essas informações são fornecidas a clientes profissionais e de varejo como parte da comunicação de marketing. Elas não contêm e não devem ser interpretadas como consultoria, recomendação de investimento ou uma oferta ou solicitação para se envolver em qualquer transação ou estratégia em instrumentos financeiros. O desempenho passado não é uma garantia ou previsão de desempenho futuro. A Instant Trading EU Ltd. não se responsabiliza pela exatidão ou integridade das informações fornecidas, ou por qualquer perda decorrente de qualquer investimento com base em análises, previsões ou outras informações fornecidas por um funcionário da Empresa, ou de outra forma. O termo de responsabilidade completo está disponível aqui.

EUR/USD

To open long positions for EURUSD, it is required:

Buyers will try to reach the level of 1.1811 after the morning exit at 1.1777. A breakthrough and consolidation above 1.1811 will open a sensible prospect for the renewal of 1.1843, where it is advised to lock in profits. In the event of a re-decline towards 1.1777, it's better to postpone buying to a larger support of 1.1747.

To open short positions for EURUSD, it is required:

The formation of a false breakout at 1.1811 or a re-descent towards 1.1777 will lead to the formation of another downward wave in the euro with the purpose of updating 1.1747, where it is best to lock in the profit for today. In case there is growth above 1.1811, selling the EUR/USD pair can immediately be rebounded from 1.1843.

Exchange Rates 12.12.2017 analysis

GBP/USD

To open long positions for GBP/USD, it is required:

Buyers have perfectly worked out the morning support level, having formed on it a false breakdown, and now the main goal for long positions will be a return to the resistance of 1.3426, where it is advised to lock in the profit. In the event of another decline in the pound during the afternoon, you can immediately open long positions on the rebound after a test of 1.3325.

To open short positions for GBP/USD, it is required:

Opening new short positions on the pound are best sought after trying to return to the morning highs in the area of 1.3426 or to sell the GBP/USD pair immediately on the rebound from 1.3470. The main goal will be to update the weekly low in the area of 1.3325, where it is advised to lock in the profit.

Exchange Rates 12.12.2017 analysis

Indicator description

  • Moving Average (average sliding) 50 days - yellow
  • Moving Average (average sliding) 30 days - green
  • MACD: fast EMA 12, slow EMA 26, SMA
  • Bollinger Bands 20
Miroslaw Bawulski
Analytical expert of InstaForex
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