empty
 
 
cn
支持
即时开户
交易平台
入金/出金

28.12.202010:47 Forex Analysis & Reviews: Trading recommendations for starters on GBP/USD and EUR/USD for December 28, 2020

The past trading week ended with a day off with respect to the Christmas celebration. But before this day, one of the most important events for the UK and Europe was held. The parties managed to agree on a trade agreement after Brexit, which became a commotion this year. It took four and a half years for a trade deal, so it's hard to believe that everything was over.

What happened on the trading chart?

The pound sterling broke up on expectations of a positive Brexit result, reaching the area of the local high of the medium-term upward trend. However, as buyers reached the 1.3600/1.3625 area, they failed to update the high. Perhaps, there were not enough trading volumes due to the early closure of trading floors or the news was already played by the market. After all, the quote only pulled back about 80 points from the high.

The euro/dollar, where market dynamics were not observed, showed a consistent fluctuation at the peak of the medium-term upward trend, without any sharp price changes. It is possible that traders are out for the holidays.

Exchange Rates 28.12.2020 analysis

Trading recommendation for GBP/USD on December 28

Markets are open today, but some countries of the British Commonwealth – UK, Canada, Australia and New Zealand are celebrating Boxing Day. Due to the weekend, low trading volumes can be expected and so, traders will try to follow the negotiation process of a trade deal. Perhaps, there will be new details that will act as a catalyst for trading activity.

The market will remain in one place, conditionally in the range of 1.3520/1.3620, if nothing interesting appears in the media.

Exchange Rates 28.12.2020 analysis

Trading recommendation for EUR/USD on December 28

Today, Europe has come to work, but no statistics worth noting are expected. Therefore, traders will discuss the Brexit deal and the timing of its ratification. The amplitude fluctuation of the price in the range of 1.2150/1.2275 will still remain the main movement, possibly until the end of the trading week.

Exchange Rates 28.12.2020 analysis

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Gven Podolsky,
Analytical expert of InstaSpot
© 2007-2024
立即从分析师的建议受益
充值交易账户
开设交易账户

InstaSpot分析评论将让您充分了解市场趋势! 作为InstaSpot的客户,您将获得大量的免费服务以实现有效的交易。

现在无法通话?
提出您的问题,用 在线帮助.