Friday, December 1, 2023
We are discussing prospects for EURUSD, GBPUSD, USDJPY, Brent, Gold, and the S&P 500 index in December.
The GBPUSD pair is compelled to undergo a correction.
EURUSD has left the boundaries of the ascending channel; USDCAD is preparing to break the support level, NZDUSD is testing the signal lines of the indicator.
Brent continues consolidating at the lows of the decline wave. The overview also describes the dynamics of EUR, GBP, JPY, CHF, AUD, Gold, and the S&P 500 index.
Brent quotes could drop to 0/8, the S&P 500 index is expected to keep rising.
The EURUSD pair is gradually balancing out.
USDCAD is testing the support level; AUDUSD is forming a correction, USDCHF is developing a correction wave.
Thursday, November 30, 2023
GOLD is testing the resistance level; NZDUSD is forming a correction, GBPUSD is developing an uptrend.
GBPUSD is correcting within a Triangle pattern; USDCHF is declining within a bearish channel, AUDUSD has secured above the Tenkan-Sen line.
JPY is consolidating at the lows of the decline wave. The overview also describes the dynamics of EUR, GBP, CHF, AUD, Brent, Gold, and the S&P 500 index.
The USDJPY pair is descending further, and the market is stabilising.
The EURUSD pair declined, shedding its overbought state.
USDCHF is in the oversold area, Gold quotes are expected to drop.
Wednesday, November 29, 2023
EURUSD is pushing off the Tenkan-Sen line; USDJPY is correcting before a decline, USDCAD is moving by bearish momentum.
AUD is poised to correct. The overview also covers the dynamics of EUR, GBP, JPY, CHF, Brent, Gold and the S&P 500 index.
The USDJPY pair is rapidly depreciating.
The AUDUSD pair reached a peak not seen since 1 August this year.
EURUSD is poised to correct; USDJPY is forming a correction, EURGBP is testing the support level.
USDJPY has reached the oversold area, USDCAD might correct to the 4/8 level.