Free Forex Trading Signals For 12.12.2024

EUR/USD

Current Price: 1.0486
The EUR/USD pair is currently showing a bearish trend, with the price trading below key resistance levels. Technical indicators such as the RSI and MACD suggest that the market has downward momentum. Traders might consider selling at current levels, with a stop loss placed above 1.0520. A potential take profit level could be around 1.0430.

GBP/USD

Current Price: 1.2725
GBP/USD has been experiencing a slight bearish trend, influenced by economic data and political developments. The pair is currently trading near a significant support level, which could provide a buying opportunity. However, caution is advised due to the uncertain broader trend. Traders might consider buying at current levels, with a stop loss placed below 1.2680. A potential take profit level could be around 1.2800.

USD/JPY

Current Price: 151.92
USD/JPY is showing a mixed trend, with the price oscillating around key support and resistance levels. The pair is currently testing a significant support level, indicating a potential rebound or further decline. Traders might consider selling at current levels, with a stop loss placed above 152.30. A potential take profit level could be around 151.20.

Gold

Current Price: 2696.23
Gold prices have been consolidating, influenced by a weaker US dollar and geopolitical tensions. The metal is currently trading near a resistance level, which could limit further upside. Traders might consider selling at current levels, with a stop loss placed above 2705. A potential take profit level could be around 2675.

BTCUSD

Current Price: 100963.00
Bitcoin (BTCUSD) is showing a bullish trend, driven by increased investor confidence and positive market sentiment. The price is trading above key support levels, indicating further upside potential. Traders might consider buying at current levels, with a stop loss placed below 99500. A potential take profit level could be around 102500.

Summary

EUR/USD: Sell at 1.0486, Stop Loss at 1.0520, Take Profit at 1.0430
GBP/USD: Buy at 1.2725, Stop Loss at 1.2680, Take Profit at 1.2800
USD/JPY: Sell at 151.92, Stop Loss at 152.30, Take Profit at 151.20
Gold: Sell at 2696.23, Stop Loss at 2705, Take Profit at 2675
BTCUSD: Buy at 100963.00, Stop Loss at 99500, Take Profit at 102500

Disclaimer

These signals are based on technical analysis and current market conditions. Always conduct your own research and consider your risk tolerance before making any trading decisions. Past performance is not indicative of future results.

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