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Newbiew's Trading Journal

Osncg

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I started trading some few years ago, I believe I am still learning, in This thread, I will be posting my analysis, anybody is free to criticize or like or comment!

Daily analysis of major pairs for December 21, 2015
eurusd-h4-instaforex-group.png

EUR/USD: Last week, the EUR/USD pair reached the resistance line of 1.1050 (and almost the support line at 1.0800). This is the real threat to the current bullish outlook, and a further bearish movement of 150 pips would mean the bullish outlook is completely illogical. Until then, this the market remains bearish.
:)cgrock:)cgrock:)cgrock:)cgrock
 

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Currency
Rates
EUR / USD
1.12012
USD / JPY
158.449
GBP / USD
1.32573
USD / CHF
0.83257
USD / CAD
1.42077
EUR / JPY
177.339
AUD / USD
0.69840
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