Hi Traders ...
So how you are doin ? Surely everyone good rite ..... Firstly, I am sorry for not updating the market forecast since Monday last week. Really sorry for inconvenience caused matter. I am just goin JB for vacation... hehhehe
So what we have today in Fundamental Analysis
In Fundamental Analysis...it shows not much big event that can impact the market
movement.Maybe it was because this Friday is Christmas Eve,so i am thinking that market
volatility very light.
Today we just have Core Retail Sales for CAD, and form forecast it will Bearish for CAD.
Nevermind, let us see for the chart analysis and see what we have
For the chart pattern : I cant see any chart pattern appear in H1 chart here.
MACD : seems like breakout gonna be happen within 2 hrs time.I can say that it will breakout up since MACD already at upper 0 level
SSD : at overbought area and pointing down,I can say that it will Bearish for the 1st 2hrs before it move to the its directional
So traders prepare got LONG in GBP/USD ...
Chart Pattern says nothing.But my signal shows something...What is that ?? There is a big bullish ball and it will Bullish in a little time soon.
MACD : say so cause it already in upper 0 level
SSD : at overbought and will bearish a while and will give a very good movement after that
Traders can plan their order for LONG either find a very lowest point or just do a little money management to see sustaining power
Happy trading !!! See you tomorrow ...