empty
cn
支持
即时开户
交易平台
入金/出金

15.12.202310:35 Forex Analysis & Reviews: EUR/USD and GBP/USD: Trading plan for beginner traders on December 15, 2023

Details of the Economic Calendar on December 14

On Thursday, the main focus of investors was on two consecutive central bank meetings, the results of which led to the emergence of market speculations.

First, the Bank of England presented its report, which, as expected, maintained the interest rate at 5.25%. However, three out of nine votes favored a slight rate increase of 25 basis points, similar to the previous meeting. It is important to note that the Bank of England has not yet decided to halt further rate hikes, emphasizing that monetary policy is likely to remain restrictive for an extended period.

Following that, the European Central Bank (ECB) released its report, where, without surprises, the rate was left at 4.5%. The regulator emphasized that interest rates are at levels that, if maintained for a long time, will make a significant contribution to achieving the inflation target. The ECB expressed its intention to keep rates at the level of restrictive policy, without hinting at possible rate hikes.

Exchange Rates 15.12.2023 analysis
Analysis of Trading Charts from December 14

EUR/USD is significantly recovering its positions. Since the beginning of the current trading week, the exchange rate has strengthened by 2.5%, almost 100% from the recent correction level. In fact, technical signs of the resumption of the upward cycle can already be identified.

Speculative activity also supported the recovery of the GBP/USD exchange rate, leading not only to the restoration of value after the correction movement but also causing a prolonged upward cycle.

Economic Calendar on December 15

Today, preliminary data on business activity indices in the European Union, the United Kingdom, and the United States is expected to be published. Forecasts suggest growth, with expectations of index growth in the Old World and a slight decline in the New World. However, it should be noted that these are only preliminary forecasts by analysts, and actual data may differ from expectations.

EUR/USD Trading Plan for December 15

Stabilization of the price above the level of 1.1000 opens the way for further growth, despite the technical signal of overbought conditions. In this case, an extension of the upward cycle is possible. However, if the level of 1.1000 proves to be resistance, the market may face a local price pullback.

Exchange Rates 15.12.2023 analysis

GBP/USD Trading Plan for December 15

The market shows inertial-speculative movement, ignoring the technical signal of overbought conditions for the British Pound. Consequently, further upward movement is possible, especially if the quote surpasses the 1.2800 mark. However, in the case of a price pullback, a local decrease to 1.2700 is not excluded.

Exchange Rates 15.12.2023 analysis

What's on the charts

The candlestick chart type is white and black graphic rectangles with lines above and below. With a detailed analysis of each individual candle, you can see its characteristics relative to a particular time frame: opening price, closing price, intraday high and low.

Horizontal levels are price coordinates, relative to which a price may stop or reverse its trajectory. In the market, these levels are called support and resistance.

Circles and rectangles are highlighted examples where the price reversed in history. This color highlighting indicates horizontal lines that may put pressure on the asset's price in the future.

The up/down arrows are landmarks of the possible price direction in the future.

*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
© 2007-2025
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。

See Also

Forex News
  • 2025-04-18 13:52:37
    Japanese Shares Rise for Second Consecutive Session
    2025-04-18 13:52:37
    Japan’s Core Inflation Rises as Expected in March
    2025-04-18 13:52:37
    Japan Food Prices Rise the Least in 3 Months
    2025-04-18 13:52:37
    Japan Inflation Rate Hits 4-Month Low
    2025-04-18 13:52:37
    Japan's Inflation Bounce: National CPI Edges Up to 0.3% in March
    2025-04-18 13:52:37
    Japan's CPI Creeps Up to 0.3% in March, Reversing Deflationary Trend
    2025-04-18 13:52:37
    Japan's Inflation Ticks Down: National CPI Eases to 3.6% in March
    2025-04-18 13:52:37
    Japan's National Core CPI Rises to 3.2% in March, Up from 3.0% in February
    2025-04-18 13:52:37
    U.S. Reserve Balances Decrease by $204 Billion, Indicating Possible Liquidity Shifts
    2025-04-18 13:52:37
    Fed's Balance Sheet Stabilizes at $6.727 Trillion Amid Market Anticipation
  • 2025-04-18 13:52:37
    Slight Dip in India's Deposit Growth: New Figures Show 10.1% Increase as of April 2025
    2025-04-18 13:52:37
    India's Bank Loan Growth Holds Steady at 11% as of April 2025
    2025-04-18 13:52:37
    India Bolsters Foreign Exchange Reserves, Reaching New Heights
    2025-04-18 13:52:37
    Steel Declines to 7-Month Low
    2025-04-18 13:52:37
    China FDI Sinks 10.8% in Q1
    2025-04-18 13:52:37
    China's FDI Decline Slows in March 2025
    2025-04-18 13:52:37
    Italy Trade Surplus Narrows
    2025-04-18 13:52:37
    Slovenia Producer Prices Rise Most since August 2023
    2025-04-18 13:52:37
    Italy's Trade Balance with EU Shows Significant Worsening in February 2025
    2025-04-18 13:52:37
    Italy's Trade Balance Springs into Surplus with Impressive February Growth
  • 2025-04-18 13:52:37
    Thailand's Foreign Reserves See a Boost, Surpassing Expectations
    2025-04-18 13:52:37
    Thailand's Currency Swap Level Shows Slight Dip in April Report
    2025-04-18 13:52:37
    China Stocks Slip on Trade Uncertainty
    2025-04-18 13:52:37
    Moldova Producer Inflation Hits 17-Month High
    2025-04-18 13:52:37
    Japanese Shares Rally on Trade Optimism
    2025-04-18 13:52:37
    Indonesia, U.S. Set 60-Day Deadline to Resolve Tariff Dispute
    2025-04-18 13:52:37
    Japan Denies Yen Manipulation Claims
    2025-04-18 13:52:37
    Slovakia Current Account Shifts to Deficit
    2025-04-18 13:52:37
    Slovak Current Account Deficit Shows Slight Improvement in February 2025
    2025-04-18 13:52:37
    Palm Oil Set to Finish Week on Bearish Note
  • 2025-04-18 13:52:37
    Malaysia Export Growth at 3-Month High
    2025-04-18 13:52:37
    Malaysia GDP Growth Slows to 4.4% in Q1
    2025-04-18 13:52:37
    Malaysia Trade Surplus Widens in March
    2025-04-18 13:52:37
    Malaysia Imports Unexpectedly Fall
    2025-04-18 13:52:37
    Malaysia's GDP Slows to 4.4% Growth in Q1 2025, Down from 5.0% in Q4 2024
    2025-04-18 13:52:37
    Malaysia's Import Growth Stumbles: March Records 2.8% Drop Year-Over-Year
    2025-04-18 13:52:37
    Malaysia's Trade Balance Soars, Doubling in March 2025
    2025-04-18 13:52:37
    Malaysia's Export Growth Accelerates to 6.8% in March
    2025-04-18 13:52:37
    China 10-Year Bond Yield Steady
    2025-04-18 13:52:37
    Japan 10-Year Bond Yield Holds Steady After Inflation Report
  • 2025-04-18 13:52:37
    South Korea Unveils $8.6B Extra Budget to Support Economy
    2025-04-18 13:52:37
    Offshore Yuan Remains Tepid
    2025-04-18 13:52:37
    Australian Dollar Slips Amid Holiday Lull
    2025-04-18 13:52:37
    IMF Releases $130 Million to Jordan
    2025-04-18 13:52:37
    Japanese Yen Muted After Inflation Data
    2025-04-18 13:52:37
    China Stocks Slip on Trade Uncertainty
    2025-04-18 13:52:37
    New Zealand Dollar Pauses Rally
    2025-04-18 13:52:37
    Dollar Holds Steady in Thin Holiday Trade
    2025-04-18 13:52:37
    South Korean Won Extends Losses
    2025-04-18 13:52:37
    South Korean Shares Edge Higher
  • 2025-04-18 13:52:37
    Japanese Shares Rise for Second Consecutive Session
    2025-04-18 13:52:37
    Japan’s Core Inflation Rises as Expected in March
    2025-04-18 13:52:37
    Japan Food Prices Rise the Least in 3 Months
    2025-04-18 13:52:37
    Japan Inflation Rate Hits 4-Month Low
    2025-04-18 13:52:37
    Japan's Inflation Bounce: National CPI Edges Up to 0.3% in March
    2025-04-18 13:52:37
    Japan's CPI Creeps Up to 0.3% in March, Reversing Deflationary Trend
    2025-04-18 13:52:37
    Japan's Inflation Ticks Down: National CPI Eases to 3.6% in March
    2025-04-18 13:52:37
    Japan's National Core CPI Rises to 3.2% in March, Up from 3.0% in February
    2025-04-18 13:52:37
    U.S. Reserve Balances Decrease by $204 Billion, Indicating Possible Liquidity Shifts
    2025-04-18 13:52:37
    Fed's Balance Sheet Stabilizes at $6.727 Trillion Amid Market Anticipation
  • 2025-04-18 13:52:37
    Slight Dip in India's Deposit Growth: New Figures Show 10.1% Increase as of April 2025
    2025-04-18 13:52:37
    India's Bank Loan Growth Holds Steady at 11% as of April 2025
    2025-04-18 13:52:37
    India Bolsters Foreign Exchange Reserves, Reaching New Heights
    2025-04-18 13:52:37
    Steel Declines to 7-Month Low
    2025-04-18 13:52:37
    China FDI Sinks 10.8% in Q1
    2025-04-18 13:52:37
    China's FDI Decline Slows in March 2025
    2025-04-18 13:52:37
    Italy Trade Surplus Narrows
    2025-04-18 13:52:37
    Slovenia Producer Prices Rise Most since August 2023
    2025-04-18 13:52:37
    Italy's Trade Balance with EU Shows Significant Worsening in February 2025
    2025-04-18 13:52:37
    Italy's Trade Balance Springs into Surplus with Impressive February Growth
现在无法通话?
提出您的问题,用 在线帮助.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaSpot anyway.

We are sorry for any inconvenience caused by this message.