24.12.2020 10:42 Forex analysis: Fractal analysis of major currency pairs as of December 24

Forex Traders Reviews Fractal Analysis

24.12.2010:42 Forex Analytical Reviews: Fractal Analysis on Major Currency Pairs by q December 24

Relevance to 08:00 2020-12-25 UTC-00

Hello, dear colleagues.

Euro/Dollar is still moving down, expecting key support after breaking through at 1.2152, or 1.2226. On the Pound/Dollar pair, another growth cycle development on December 21 is expected after a split of 1.3612, the level of key support at 1.3464. On the dollar/franc pair, we expect the movement to move up after breaking into 0.8895, or 0.8834 of key support. For the dollar/yen pair, the price represents the initial conditions for the upper part of December 17, the level of key support of 103.07. For the euro/yen pair, the price has been a potential for a downward cycle since 18 December, with 126.70 being a key support. On the pound/yen pair, we have been following the development of the growth cycle since 21 December and at the moment we expect to move to 141.41, the level of 139.63 key support.

Forecast per week:

Analytical overview of currency pairs on the H1 scale:

Euro / Dollar key levels on the H1 scale are: 1.2273, 1.2226, 1.2205, 1.2152, 1.2122, 1.2099, 1.2078, 1.2023 and 1.1984. Here we follow the development of the downward structure from December 17. The continuation of the downward movement expected after the split at 1.2152, in this case the target is 1.2122, a breakdown that will allow you to count on traffic to 1.2099, near this level of consolidation. The passage of the noise price range 1.2099 – 1.2078 should be accompanied by a clear downward movement, in this case the target – 1.2023. The potential value for the bottom is 1.1984, after which we expect consolidation as well as a return to the top.

Short-term upward movement is possible in corridor 1.2205 – 1.2226, the division of the last value will have to represent the ability to advance, in this case the first potential target – 1.2273.

The main trend is to create a downward structure from 17 December.

Trading recommendations:

Buy: 1.2205 Take profit: 1.22224 10 1001

Buy: 1.2227 Profit: 1.2271

Sell: 1.222 7 Take Profit: 1.2271

0 Sell: 1.2227: 1.2152 Profit: 1.2123

Sales: 1.2121 Profit: 1.2100

By a couple Pound / Dollar Key levels on the H1 scale are: 1.3809, 1.3731, 1.3612, 1.3568, 1.3514, 1.3377, 1.3336, 1.3255 and 1.3190. Here we follow the growth structure of December 21. Short-term upward movement is expected in corridor 1.3568 – 1.3612, the division of the last value should be accompanied by a clear upward movement, here the target is 1.3731. The potential value for the top is 1.3809, after which we expect a pullback down.

Short-term downward movement expected in the range of 1.3514 – 1.3464, the breakdown of the last value will lead to an in-depth correction, here the target is 1.3377.

Główny trend – struktura wzrostowa od 21 grudnia

Trading Zalecenia:

Kup: 1.3614 Weź zysk: 1.3730

Kup: 1.3734 Zysk: 1.3806

Sprzedam: 1.3734 Weź zysk: 1.3806

Sprzedam: 1.3734 Weź zysk: 1.3806

1

Sprzedam: 1.3734 Weź zysk: 1.3806

Sprzedam: 1.3734 Weź zysk: 1.3806

1.351 4 Zysk: 1.3465

Sprzedam: 1.3462 Zysk: 1.3380

Dollar/Frank 0.8951, 0.8939, 0,8918, 0,8895, 0,8847, 0,8834 i 0,8820. Here, the price represents the potential for the december 18 growth cycle. We expect the growth structure to develop after a break-down of 0.8895, in this case the target is 0.8918, near this level of consolidation. A breakdown of 0.8918 will lead to a movement level of 0.8939, the price of passing the noise range 0.8939 – 0.8951 should be accompanied by a clear upward movement to the level of 0.8987. The potential value for the top is the level of 0.9011, after which we expect a pullback down.

Short-term downward movement is possible in corridor 0.8847 – 0.8834, the breakdown of the last value will have to develop a downward trend, in this case the target – 0.8820.

Основная тенденция – формирование восходящего потенциала от 18 декабря

Торговые рекомендации:

Buy: 0.8895 Take profit: 0.8918

Buy: 0.8920 Take profit: 0.8939

Sell: 0.8847 Take profit: 0.8834

Sell: 0.8832 Take profit: 0.8820

По паре Доллар/Иена ключевыми уровнями в масштабе являются: 104.36, 104.17, 103.89, 103.67, 103.44, 103.27, 103.07 и 102.87. Here we follow the formation of the initial conditions for the growth cycle 17 December. Short-term upward movement is expected in the range of 103.67 – 103.89, the division of the last value will lead to a clear upward movement, here the target is 104.17. Potentially, we believe that the level of 104.36 is the highest level after which we expect a decrease.

Short-term downward movement expected in corridor 103.44 – 103.27, the breakdown of the last value will lead to an in-depth correction, here the target – 103.07, this level is a key support for the structure up.

Основная тенденция: начальные условия для верха от 17 декабря

Торговые рекомендации:

Buy: 103.68 Take profit: 103.87

Buy: 103.91 Take profit: 104.15

Sell: 103.44 Take profit: 103.28

Sell: 103.25 Take profit: 103.08

По паре Канадский доллар/Доллар ключевыми уровнями в масштабе Н1 являются: 1.2980, 1.2955, 1.2914, 1.2884, 1.2846, 1.2823 и 1.2790. Here we follow the growth structure of December 17. Short-term upward movement is expected in corridor 1.2884 – 1.2914, the division of the last value will lead to a clear movement, here the target – 1.2955. The potential value for the peak is 1.2980, after which we expect consolidation as well as pull-down.

Short-term downward movement is possible in corridor 1.2846 – 1.2823, the breakdown of the last value will lead to an in-depth correction, here the target is 1.2790.

Main Trend – Upward structure from December 17,

Trading recommendations:

Buy:

Buy:

Buy: 1.2885 Take profit: 1.2912

Buy: 1.2916 Take profit: 1.2955

Sell: 1.2846 Take profit: 1.2824

Sell: 1.2821 Take profit: 1.2790

Australian dollar/dollar pairings: 0.7603, 0.7533, 0.7506. 0.7453, 0.7422, 0.7398 and 0.7330. Here we go down the structure of December 17, at the moment the price is in correction. Short-term downward movement is expected in the corridor 0.7533 – 0.7506, the division of the last value will lead to a clear downward movement, here the target – 0.7453, the division of which in turn will allow to count on traffic to 0.7422. The transition of the noise range 0.7422 – 0.7398 should be accompanied by a clear downward movement to the potential target – 0.7330.

Level 0.7603 is a key support for the downward structure, its transition at price will have to provide the initial conditions for the top, in this case the potential target – 0.7645.

Main trend – downward structure as of December 17, correction stage

Trading recommendations:

Buy: 0.7604 Profit: 0.7645

: Purchase profit: 101 0001

Buy: 0.7533 Take profit: 0.7508

Sales: 0.7504 Take profit: 0.7455

Euro/Yen Key levels on H1 are: 126.96, 126.68, 126.53, 125.85, 125.61, 125.45 and 125.03. Here, the price represents the potential for a downward cycle from December 18. We expect the continuation of the downward movement after the division into 125.85, in this case the target is 125.61, in the corridor 125.61 – 125.45 short-term downward movement, as well as consolidation. The level division of 125.45 will come to a clear downward movement, here the target is 125.03, near that level of consolidation, as well as pullback to the top.

Range 126.53 – 125.68 is a key support for the downward structure of December 18, breaking the level of 126.68 will have to build capacity for the mountain, in this case the target is 126.96.

Основная тенденция – потенциал для нисходящего движения от 18 декабря

Торговые рекомендации:

Buy: 126.53 Take profit: 126.66

Buy: 126.70 Take profit: 126.95

Sell: 125.85 Take profit: 125.61

Sell: 125.45 Take profit: 125.05

По паре Фунт/Иена ключевыми уровнями в масштабе Н1 являются: 143.04, 142.10, 141.41, 140.06, 139.63 и 138.88. Here we follow the development of the growth cycle of December 21. At the moment we expect traffic to level 141.41, in the corridor 141.41 – 142.10 short-term upward movement, as well as consolidation. The potential value for the peak is 143.04, after which we expect consolidation as well as pull-down.

Short-term downward movement is expected in corridor 140.06 – 139.63, the breakdown of the last value will lead to an in-depth correction, here the target is 138.88, this level is a key support for the mountain.

Main trend – upward structure from December 21

Trading recommendations:

Buy 140.80 Take profit: 141.41

Buy: 141.45 Profit: 142.10 10

Buy: 140.06 Take profit: 139.65

Buy: 139.6 00 Take profit: 139.00

If you have questions about this analysis, you can ask them on the Forexdengi.com in the analyst section from Alexei Almazov. This market analysis is informative and is not a transaction guide.

Estimate,Analyst: Alexei Almazovgk InstaForex © 2007-2020