Dear colleagues.
For the EUR / USD pair, we follow the formation of the upward structure from December 12. The continuation of the upward movement is expected after the breakdown of 1.1855. For the GBP / USD pair, we follow the formation of the upward structure of December 12. For the USD / CHF pair, we follow the downward cycle from December 8. We continue to move downwards after the breakdown of 0.9855. For the USD / JPY, the price forms a downward structure from December 12. The continuation of the downward movement is expected after the breakdown of 111.96. For the EUR / JPY pair, we follow the downward structure of December 11. For the GBP / JPY pair, we expect the formation of a downward structure.
Forecast for December 15:
Analytical review of currency pairs in the scale of H1:
For the EUR / USD pair, the key levels on the scale of H1 are: 1.1974, 1.1941, 1.1891, 1.1854, 1.1793, 1.1761 and 1.1715. Here, we follow the formation of the upward structure of December 12. At the moment, the price is in the zone of initial conditions. Continued upward movement is expected after the breakdown of 1.1854. In this case, the target is 1.1891. Near this level is the consolidation of the price. A break at the level of 1.1891 should be accompanied by a pronounced upward movement. The target here is 1.1941. The potential value for the top is the level of 1.1974, upon reaching which we expect a pullback downwards.
The range of 1.1793 - 1.1761 is the key support for the top. The breakdown of the level of 1.1760 will lead to the development of a downward structure. In this case, the first target is 1.1715.
The main trend is the formation of the upward structure of December 12.
Trading recommendations:
Buy: 1.1855 Take profit: 1.1890
Buy: 1.1895 Take profit: 1.1940
Sell: Take profit:
Sell: 1.1758 Take profit: 1.1715
For the GBP / USD pair, the key levels on the scale of H1 are: 1.3693, 1.3632, 1.3589, 1.3526, 1.3475, 1.3398, 1.3362 and 1.3302. Here, we follow the formation of the upward structure of December 12. Continued upward movement is expected after the breakdown of 1.3475. In this case, the target is 1.3526. Near this level is the consolidation of the price. The break at the level of 1.3526 should be accompanied by a pronounced upward movement. Here, the target is 1.3589. In the area of 1.3589 - 1.3632 is the consolidation of the price. The potential value for the top is the level of 1.3693, after which we expect a pullback downwards.
Short-term downward movement is possible in the area of 1.3398 - 1.3362. The breakdown of the latter value will lead to the development of a downward structure. In this case, the target is 1.3302.
The main trend is the formation of the upward structure of December 12.
Trading recommendations:
Buy: 1.3475 Take profit: 1.3520
Buy: 1.3528 Take profit: 1.3586
Sell: 1.3396 Take profit: 1.3364
Sell: 1.3360 Take profit: 1.3305
For the USD / CHF, the key levels on the scale of H1 are: 0.9917, 0.9891, 0.9865, 0.9831, 0.9805, 0.9774 and 0.9755. Here, we continue to follow the downward structure from December 8. At the moment, the price is in correction. Continued downward movement is expected after the breakdown of 0.9855. In this case, the first target is 0.9831. Short-term downward movement is possible in the area of 0.9831 - 0.9805. The breakdown of the last value will lead to in-depth correction. Here, the target is 0.9774. The potential value for the bottom is the level of 0.9755, upon reaching which we expect the departure to correction.
The range of 0.9891 - 0.9917 is the key support for the bottom. Passing the price will lead to the development of an upward trend. In this case, the potential target is 0.9977.
The main trend is the downward structure from December 8, the correction stage.
Trading recommendations:
Buy: 0.9894 Take profit: 0.9915
Buy: 0.9925 Take profit: 0.9950
Sell: 0.9855 Take profit: 0.9835
Sell: 0.9830 Take profit: 0.9810
For the USD / JPY pair, the key levels on a scale are: 113.26, 112.79, 112.51, 111.98, 111.47, 111.12 and 110.69. Here, we follow the formation of the downward structure from December 12. Continued downward movement is expected after the breakdown of 111.98. In this case, the target is 111.47. In the area of 111.47 - 111.12 is a short-term downward movement. The potential value for the bottom is the level of 110.69, upon reaching which we expect a rollback to the top.
Short-term upward movement is possible in the area of 112.51 - 112.79. The breakdown of the last value will lead to in-depth correction. Here, the target is 113.26. Up to this level, we expect the formation of pronounced initial conditions for the top.
The main trend is the formation of a downward structure from December 12.
Trading recommendations:
Buy: 112.51 Take profit: 112.76
Buy: 112.82 Take profit: 113.22
Sell: 111.95 Take profit: 111.50
Sell: 111.45 Take profit: 111.20
For the CAD / USD pair, the key levels on the H1 scale are: 1.3053, 1.2988, 1.2939, 1.2878, 1.2806, 1.2767 and 1.2716. Here, we continue to follow the upward structure of December 5. Continued upward movement is expected after the breakdown of 1.2878. In this case, the target is 1.2939. In the area of 1.2939 - 1.2988 is the consolidation of the price. The potential value for the top is the level of 1.3053, after which we expect a pullback downwards.
Short-term downward movement is possible in the area of 1.2767 - 1.2716. The breakdown of the latter value will lead to the development of a downward structure. In this case, the target is 1.2627.
The main trend is the formation of an upward structure from December 5, the correction stage.
Trading recommendations:
Buy: 1.2878 Take profit: 1.2936
Buy: 1.2942 Take profit: 1.2986
Sell: 1.2765 Take profit: 1.2718
Sell: 1.2715 Take profit: 1.2737
For the AUD / USD pair, the key levels on the scale of H1 are: 0.7741, 0.7704, 0.7687, 0.7644, 0.7627, 0.7608 and 0.7579. Here, we continue to follow the upward cycle of December 8. Short-term upward movement is expected in the area of 0.7687 - 0.7704. The breakdown of the last value will lead to a movement towards the potential target of 0.7741, upon reaching which we expect a pullback downwards.
Short-term downward movement is possible in the area of 0.7644 - 0.7627. The breakdown of the last value will lead to an in-depth correction. Here, the target is 0.7608. This level is the key support for the top. Its breakdown will lead to a downward trend. In this case, the first target is 0.7580.
The main trend is the upward cycle from December 8.
Trading recommendations:
Buy: 0.7687 Take profit: 0.7702
Buy: 0.7706 Take profit: 0.7740
Sell: 0.7642 Take profit: 0.7630
Sell: 0.7625 Take profit: 0.7610
For the EUR / JPY, the key levels on the scale of H1 are: 133.27, 132.95, 132.64, 132.08, 131.80, 131.43 and 131.22. Here, we follow the downward structure of December 11. Short-term downward movement is expected in the area of 132.08 - 131.80. The breakdown of the last value will lead to movement towards the level of 131.43. The potential value for the bottom is the level of 131.22, upon reaching which we expect a rollback to the top.
Short-term upward movement is possible in the area of 132.64 - 132.95. The breakdown of the last value will lead to in-depth correction. Here, the target is 133.27. This level is the key support for the bottom.
The main trend is the downward structure of December 11.
Trading recommendations:
Buy: 132.64 Take profit: 132.95
Buy: 133.00 Take profit: 133.25
Sell: 132.06 Take profit: 131.84
Sell: 131.76 Take profit: 131.45
For the GBP / JPY pair, the key levels on the H1 scale are: 156.00, 155.23, 153.98, 153.02, 151.66, 150.88 and 149.71. Here, the price forms a local structure for the top of December 6 and is currently in the corrective zone. Short-term upward movement is possible in the range of 153.02 - 153.98. The breakdown of the last value will lead to a movement towards the level of 155.23. The potential value for the top is, for the time being the level of 156.00. After reaching this level, we expect consolidation in the area of 155.23 - 156.00.
Short-term downward movement is possible in the area of 151.66 - 150.88. The breakdown of the last value will lead to the formation of a downward structure. Here, the potential target is 149.71.
The main trend is the upward cycle of November 28, the local structure of December 6.
Trading recommendations:
Buy: 153.05 Take profit: 153.95
Buy: 154.00 Take profit: 155.20
Sell: Take profit:
Sell: 150.85 Take profit: 149.75
