Its last week of this year . Volumes have already started sinking . So we advice to trade with minimum quantity . Will update major currency pair levels with trend .
This is our favorite fx pair . Currently this forex pair is trading at 120.51 . Almost at highest level of the day . A good resistance on chart at 120.81 . Once buyers breach this barrier and sustain above this hurdle then expect 121.10 – 121.40 in today’s trading session .
A good support on chart at 120.15 . Once sellers take this out and manage to hold beneath this level . Then expect sellers to have upper hand in market upto 119.80 – 110.50 in this forex pair .
USD/JPY trend update : Trend is positive . Fx traders should buy in dips recommended till our support hold .
EUR/USD trading at 1.0960 . A good support on this fx pair chart at 1.0930 . Once market break this and sustain below this level . Then expect market to hammer this currency pair upto 1.0900 – 1.0860 and even more pain in euro not ruled out .
A good resistance on euro chart at 1.0990 . Once buyers take this out and manage to sustain above this level . Then expect buyers to party upto 1.1030 – 1.1070 today in this major forex pair .
EUR/USD trend update : Trend is flat to negative . Fx traders should sell on rise till our support stands .Avoid major buying .
USD/CHF currently trading at 0.9876 . A good support in this fx pair at 0.9830 . Once bears take this support out and manage to hold beneath this level . Then expect 0.9790 – 0.9750 in this currency pair .
A good resistance on chart at 0.9920 . If market breach this and manage to hold above this resistance level then expect buyers to enjoy upto 0.9960 – 0.9998 today in this forex pair .
USD/CHF trend update : Trend is positive for now . Forex traders should buy in dips till our support stands .
Today all currency pairs would trade with low volumes . So forex traders should not trade with big quantity . Its holiday time so stay very cautious in market .
More will update to our forex trading signal subscribers