European Market Close Review

European Market Close review page will give Forex traders market price forecast as the European traders rounds up for the day.

Basically, the price analysis review will commence with a quick scan of the Forex price charts.

This will be achieved with possible forecast on which direction price may likely go during the U.S market session

Technically, the following forecasts will be achieved with the use of special indicators.



However, these indicators will visibly highlight what price has done and what price may likely do.

Basically, as readers, we expect that you will follow the forecast in line with your own trading strategy.

As time goes on, we will present some good setups to you on Forex and XAUUSD with trading possibilities that may be of benefit to you.

Market

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European Market Close of 17-12-2020 :

EURGBP:

1 Hour Time Frame:

EURGBP forecast for 18th December 2020

European Market Close of 14-12-2020 :

USDJPY:

1 Hour Time Frame:

USDJPY FORECAST FOR 15TH DECEMBER 2020

AUDCAD:

AUDCAD forecast for 15th December 20200

European Market Close of 11-12-2020 :

GBPUSD:

1 Hour Time Frame:

GBPUSD forecast for 14th December 2020

EURGBP:

EURGBP forecast for 14th December 2020

European Market Close of 08-12-2020 :

CHFJPY:

1 Hour Time Frame:

CHFJPY forecast for 9th Dec 2020

European Market Close of 07-12-2020 :

EURCHF:

1 Hour Time Frame:

EURCHF forecast for 8th December 2020

European Market Close of 04-12-2020 :

CHFJPY:

1 Hour Time Frame:

CHFJPY forecast for 7th Dec 2020

NZDUSD:

1 Hour Time Frame:

NZDUSD

European Market Close of 03-12-2020 :

CADCHF:

1 Hour Time Frame:

CADCHF FORECAST FOR 4TH DEC 2020

AFTER

CADCHF after

European Market Close of 02-12-2020 :

EURUSD:

1 Hour Time Frame:

EURUSD FORECAST FOR 3RD DEC 2020

USDJPY:

1 Hour Time Frame:

USDJPY FORECAST FR 3RD DEC 2020

AFTER

usdjpy

European Market Close of 01-12-2020 :

XAUUSD:

1 Hour Time Frame:

XAUUSD forecast on 1hr time frame for 2nd Dec 2020

A quick look at the chart above shows that XAUUSD price rose after breaking out at the 1780 area.

Price of XAUUSD may likely continue higher as price momentum builds.

Price is currently at 1815 area. Resistance is seen at 1830 area while 1800 level may serve as support.

 

EURAUD:

1 Hour Time Frame:

EURAUD forecast for 2nd Dec 2020

A glance at the chart above shows that EURAUD price rose after breaking out at the 1.62190 area.

Price of EURAUD may likely continue higher as price gathers more momentum.

Price is currently at 1.63464 area. Resistance is seen at 1.6375 area while 1.63276 level may serve as support.

 

EURJPY:

1 Hour Time Frame:

EURJPY forecast for 2nd Dec 2020

 

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