Forex Daily Forecast Dec 06 2019

0
91
Forex-big 65985

EURUSD: The pair is bullish above 1.1075 levels. Resistance comes at 1.1120 levels. A break would open 1.1165 ahead of 1.1200 levels. However; below 1.1075 sees a corrective pullback to 1.1threats to 1.1000 before another rising…

Trend direction: Bullish

Support: 1.1075,1.1000, 1.0965,1.0930 1.0897

Resistance: 1.1120, 1.1165, 1.1200, 1.1230, 1.1270

Forex Daily Forecast Dec 06 2019GBPUSD: The pair is very bullish above 1.3075. Resistance comes at 1.3160 levels. A break opens 1.3250 levels. On the other hand, below 1.3075 sees corrective pullback threats to 1.3000/1.2930 before another rising…

Trend direction: Very Bullish

Support: 1.3075, 1.3000, 1.2930, 1.2895, 1.2850

Resistance: 1.3160, 1.3250, 1.3320, 1.3400

Forex Daily Forecast Dec 06 2019-GBPUSDUSDJPY: The pair is light bearish below 109.00 levels. Support comes at 108.25 levels. A halt is likely, it may test 109.00 before another fall. However; A cut through 108.25 aims 107.85 levels. But above 109.00 levels sees a recovery threat to 109.50 levels. The next resistance comes at 109.95 levels.

Trend direction: Light bearish

Support: 108.25, 107.85, 107.35, 106.80, 106.40

Resistance: 109.00, 109.50, 109.95, 110.65, 111.00

Forex Daily Forecast Dec 06 2019-USDJPY

MARKET DATA

UPCOMING ECONOMIC EVENTS