Daily Technical analysis for December 1, 2020
EURUSD
The EURUSD is moving in an upward direction on the hourly interval. The pair succeeded in rising towards the target price of 1.2000 and then retreated, breaking the ascending channel, and now it is re-testing it. If it succeeds in trading inside it again, it will target 1.2050.
Resistance levels: 1.1960 – 1.2000 – 1.2100
Support levels: 1.1930 – 1.1790 – 1.1600
Trend: Bullish
GBPUSD
The GBPUSD pair is moving in an upward direction on the hourly interval. The pair is trading around a minor resistance at 1.3350. If it is breached, the next target will be at 1.3400 then 1.3480.
Resistance 1.3350 – 1.3400 – 1.3480
Support: 1.3300 – 1.3200 – 1.3000
Direction: Bullish
USDJPY
The USDJPY pair is moving upwardly on the hourly interval. The pair succeeded in rising from the support area for the sideways direction mentioned previously, achieving its first target. We expect it to continue rising towards 104.60, and if it breaks, the next target will be at 105.00.
Resistance 104.20 – 104.60 -105.60
Support: 104.20 – 103.60 – 103.00
Trend: Sideways
Gold
Gold is moving in a bearish direction on the hourly interval. Prices began to rise yesterday in a corrective movement, and we expect it to continue to rise to test the breached support of $1800, as a key resistance level.
Resistance: 1800- 1820- 1890
Support 1750 – 1665 – 1600
Trend: Bearish
Oil
Oil (Brent crude) is moving in a sideway direction on the one-hour timeframe. Oil fell to its bearish target of $ 47.00 and is currently trading near a major support area. We expect a rise, targeting the level of $48.00 and then $48.90.
Resistance 49.00 – 50.00 – 51.00
Support: 46.50 – 45.00 – 42.50
Trend: Sideways
Source: Technical analysis
Comments (52)
… [Trackback]
[…] There you will find 63681 more Info to that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] There you can find 58452 additional Info on that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Find More here to that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Find More here to that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Info on that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Read More on on that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Find More here on that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Read More to that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Here you will find 62961 more Info on that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Read More to that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Find More on that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Find More Information here on that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Read More here on that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Information on that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Find More on on that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Read More Information here to that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Information to that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Information on that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Here you will find 72392 additional Information on that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Here you will find 65879 additional Information to that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Find More here to that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Find More Information here to that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Read More here on that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Read More here on that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
You have noted very interesting details! ps decent web site.
This is my first time pay a quick visit at here and i am really happy to read everthing at one place
So great to find someone with some original thoughts on this topic. Really..
Thank you for starting this up. This website is something that is needed on the internet someone with a little originality! Watch bbc farsi
very informative articles or reviews at this time.
Nice post. I learn something totally new and challenging on websites
Hi there to all for the reason that I am genuinely keen of reading this website s post to be updated on a regular basis. It carries pleasant stuff.
This was beautiful Admin. Thank you for your reflections.
… [Trackback]
[…] Find More on that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Read More Info here on that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
It’s nice to see the best quality content from such sites. dubai racing 3 live
Scrap metal product distribution Aluminium recycling legislation Aluminum scrap compactor
Scrap metal assessment services, Aluminum cable salvage, Scrap metal marketing strategies
Scrap metal reclamation and reuse Scrap aluminium collection Aluminium recycling equipment financing
Metal waste recovery facility, Aluminum electrical cable scrap, Metal scraps reprocessing
Metal waste disposal regulations Aluminium recovery technology Aluminium scrap value maximization
Metal waste reclamation yard, Scrap aluminum cable recycling equipment, Scrap metal reclamation and trading
… [Trackback]
[…] Information to that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
Metal reclamation and reutilization solutions Metal scrap recycling center Iron refining
Ferrous material recycling practices, Iron reclaiming yard center services, Scrap metal refurbishing and recycling
Scrap metal retrieval Ferrous material shearing equipment Iron waste reclaiming center
Ferrous waste material repurposing, Iron reprocessing and repurposing, Metal scrap recovery yard
Metal waste recycle yard Ferrous material recycling outreach Iron waste reclaiming plant
Ferrous metal recycling center, Iron disposal services, Metal scrap recuperation
… [Trackback]
[…] Find More on on that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
Scrap metal remanufacturing Ferrous metal processing center Iron scrap reclamation yard
Ferrous material handling and processing, Iron scrap reprocessing facility, Metal waste reduction
Scrap metal reclamation and reutilization Ferrous material inspection standards Iron waste recycling yard
Ferrous metal pricing, Iron waste disassembling, Scrap metal recycling services
… [Trackback]
[…] Information to that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
Scrap metal recovery solutions Ferrous waste reclaiming and reprocessing Iron and steel scrapping and reclamation services
Ferrous scrap material testing, Iron waste reusing, Scrap metal recycling plant
… [Trackback]
[…] Info on that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Information on that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Read More here to that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Find More here to that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]
… [Trackback]
[…] Find More on to that Topic: dayfinanceltd.com/daily-technical-analysis-for-december-1-2020/ […]