Forex Signals Brief for Dec 15: Four More Winners as the Big News is Behind Us
Rowan Crosby • 2 min read
Thursday might have featured a trifecta of Central Banks interest rate decisions, but for the most part, they didn’t fire a shot. The week has been a busy one but now the newsflow begins to fall away as we head into the end of the year.
The guys managed to hit four out of six signals making for an excellent trading day. It was the commodities that were good to us and the FX Leaders Team nailed two winners in oil and gold making for another profitable day.
The Yen has been falling since the FOMC and we managed to pick up another winner to the short side. Our EUR/CHF pair managed to jump higher and we also hit our take profit target. We, unfortunately, got taken out of our DAX trade and had to exit our GBP/JPY late in the trading day.
We’re currently long the NZD/USD in what is a change of momentum from recent times. There’s also another open signal in the EUR/CHF after yesterday’s quick win.
Out attention now turns to the technicals so be sure to keep an eye out for some new opportunities on the forex signals page.
Forex Signal Watchlist
EUR/USD – The Euro has done an about-face and we can now look for more opportunities on the short side.
USD/JPY – The Yen has fallen away and there might be a chance for a longer-term position here as the USD recovers.
Live Forex Signals
EUR/CHF – Deja-Vu
The EUR/CHF has been a busy signal for us in the last 24 hours. We had a buy signal out and the pair rallied nicely and we hit our take profit. We are now back to where we were this time yesterday and have another buy signal in the same area as before. This one has been ranging nicely inside a longer-term uptrend. We have a target of 1.1675.
EUR/CHF – 240 min Chart.
NZD/USD – Turning Bullish?
For those of you who are regular followers of our forex signals, you’d know we’ve been hitting the Kiwi pretty hard. There has been a pretty big downtrend in place for a few months but in the last few sessions, we’ve consolidated and actually started moving higher. Our target is 0.7019 to the upside in what might be a new trend.