Technical analysis on all major pairs |24th December 2018

[Guest Rafiul]

Technical parameters| (24th December- 28th December) 2018 

 

Possible entry point with critical support and resistance level. But when you trade at this level make sure that you are using price action confirmation signal. We have prepared these key support and resistance level based on the Fibonacci retracement levels, 100&200 SMA, key swings point and chart patterns formed in the higher time frame. Focus onGBPUSD technical analysis 

 

EURUSD

Look for buying opportunity near the critical support

First critical Resistance: Click here

Second critical Resistance: 1.16735

First critical Support: Click here

Second Critical Support:  1.11088

Overall Sentiment: Bearish

 

For GBPUSD, AUDUSD, NZDUSD, and USDCAD  analysis 

visit www.forextradingforyou.com

 All the technical parameters are applicable from 24th December to 28th December 2018. The overall sentiment indicates the prevailing trend of the market. We highly recommend you to trade in favor of the market sentiment (overall sentiment) to reduce the risk of exposure in trading. Trade the critical support and resistance level with price action confirmation signal. If you want to get the technical chart analysis along with logical explanations, feel free to contact us.

We provide high-quality Forex trading signals, trading consultancy, and price action trading course. Please feel free to contact us for any query. A simple 5-minute conversation with our expert will change your trading career.

We publish regular technical analysis on all the major pairs every Monday. Please visit our site www.forextradingforyou.com to get details about our technical analysis.

 

Source: www.forextradingforyou.com

[broforex51]

 

 

GBPCHF today, the price is already breaks the support area at 1.25326 so now you have to wait it until it touch 1.24894 and open buy position at 1.24894 with potential target up to 1.25326