12.12.202517:56 Forex Analysis & Reviews: Level and Target Adjustments for the U.S. Session – December 12th

Relevancia 05:00 UTC--5

Esta información se proporciona a clientes minoristas y profesionales como parte de comunicación de marketing. No contiene y no debe interpretarse como asesoramiento o recomendación de inversión o una oferta o solicitud para participar en cualquier transacción o estrategia en instrumentos financieros. El desempeño pasado no garantiza o predice el desempeño futuro. Instant Trading EU Ltd. no asume ninguna representación ni responsabilidad sobre la precisión o integridad de la información proporcionada, o cualquier pérdida que surja de cualquier inversión basada en el análisis, pronóstico u otra información proporcionada por un empleado de la Compañía o de otra manera. El descargo de responsabilidad completo está disponible aquí.

Today, the British pound, Australian dollar, and Canadian dollar were traded using the Mean Reversion strategy. I traded only the Japanese yen using the Momentum strategy.

Inflation data from the eurozone matched economists' forecasts, which kept volatility in the EUR/USD pair at a low level. However, despite stable macroeconomic indicators, market sentiment remains on the side of euro buyers. The British pound did not face major difficulties after the release of weak UK GDP data for October of this year.

During the U.S. trading session, there will be no economic statistics from the U.S. at all, so attention will shift to the speeches by FOMC members Beth M. Hammack and Austan D. Goolsbee. Traders will closely watch for any hints regarding the Federal Reserve's future monetary policy. Markets are hoping for more clarity regarding the timing and scale of potential interest rate cuts next year. Any disagreements among FOMC members may trigger volatility in financial markets.

Special attention will be given to statements from Beth M. Hammack, known for her conservative stance, while Austan D. Goolsbee is generally more inclined toward economic stimulus.

If strong data emerges, I will rely on the Momentum strategy. If the market does not react to the data, I will continue using the Mean Reversion strategy.

Momentum Strategy (breakout trading) for the second half of the day:

EUR/USD

Buying on a breakout of 1.1740 may lead to euro growth toward 1.1777 and 1.1801.
Selling on a breakout of 1.1715 may lead to euro decline toward 1.1670 and 1.1650.

GBP/USD

Buying on a breakout of 1.3389 may push the pound toward 1.3416 and 1.3440.
Selling on a breakout of 1.3355 may push the pound toward 1.3320 and 1.3300.

USD/JPY

Buying on a breakout of 156.10 may lead to USD growth toward 156.55 and 156.94.
Selling on a breakout of 155.75 may lead to USD selloffs toward 155.40 and 155.05.

Mean Reversion Strategy (reversal trading) for the second half of the day:

EUR/USD

I will look for selling opportunities after an unsuccessful breakout above 1.1755, on a return below this level.
I will look for buying opportunities after an unsuccessful breakout below 1.1719, on a return back to this level.

GBP/USD

I will look for selling opportunities after an unsuccessful breakout above 1.3404, on a return below this level.
I will look for buying opportunities after an unsuccessful breakout below 1.3365, on a return back to this level.

AUD/USD

I will look for selling opportunities after an unsuccessful breakout above 0.6684, on a return below this level.
I will look for buying opportunities after an unsuccessful breakout below 0.6660, on a return back to this level.

USD/CAD

I will look for selling opportunities after an unsuccessful breakout above 1.3777, on a return below this level.
I will look for buying opportunities after an unsuccessful breakout below 1.3746, on a return back to this level.

Volver a la lista

Abra una cuenta de operaciones

¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.