Forecast for EUR/USD on December 29, 2020

EUR/USD


The euro gained 32 points on Monday, staying in the range of December 22nd. There are fewer signs of a downside breakout. Perhaps there won't be one, the price will spend the final days of 2020 in the range of 18-21. The price divergence with the Marlin oscillator is still present, the first significant target is determined by the MACD line at 1.1990.


The four-hour chart shows that the price winds up on the MACD line, which is also a sign that the price is in the range. The signal line of the Marlin oscillator is similarly curved around the zero neutral line. If the price moves below 1.2180, it will be a sign of the first attempt to break through.




Credit 

Caution:

Trading involves the possibility of financial loss. Only trade with money that you are prepared to lose, you must recognize that for factors outside your control you may lose all of the money in your trading account. Many forex brokers also hold you liable for losses that exceed your trading capital. So you may stand to lose more money than is in your account. Smart Analysis Pvt takes not responsibility for loss incurred as a result of our trading signals. By signing up as a member you acknowledge that we are not providing financial advice and that you are making a the decision to copy our trades on your own account. We have no knowledge on the level of money you are trading with or the level of risk you are taking with each trade. You must make your own financial decisions, we take no responsibility for money made or lost as a result of our signals or advice on forex related products on this website.

PayPal

Credit  & Debit Card

  • Black Facebook Icon
  • Black Instagram Icon
  • Black YouTube Icon

© 2023 by Personal Life Coach. Proudly created with Wix.com