- &nbsp;The news of the oil inventories reduction as well as the ease of international trade tensions would sharpen the oil price. In addition, , this month OPEC+ a new production reduction agreement reached will help push up price as well.
- Technically, it is in an increasing trend, and when the price call back to the FIB 0.236, there would be a strong long position signal. &nbsp;

WTI predication

- There is a short opportunity for the gold. The trade agreement between China and America gives an optimistic expectations of the global market; the U.S. stock market strongly hit the record high point last week. Both of them weaken the risk aversion of the gold.
- Technically, &nbsp;the trend in the day chart is deceasing, and the 200 MA line provides a pressure for the price increase.&nbsp;

XAU/USD forecast

- From &nbsp;4H chart, there is an increasing trend for AUS/USD. The price is above the MA lines, and 20 MA is advancing above 100 and 200, showing that the price is still in the arise range.&nbsp;
- Positive Aussie Job report provides a positive attitude towards to AUD, and the RBA would not cut the interest rate in the short term&nbsp;

LONG TREND for AUD/USD

- Overall, the trend for GBP/USD is decrease because of the unexpected UK economical data and the uncertainty for the Brexit.&nbsp;
- Technically, MACD line shows that there is a short opportunity and the Fib 0.236 could be another resistance level. &nbsp;
short strategy:&nbsp;
Entry: 1.30453
T/P: 1.28077
S/L:1.33007&nbsp;

GBP/USD short position

- The released Aussie Job Report is better than the expected, which provides a quick jump for AUD/USD. In the report, the unemployment rate has dropped and jobs situation has recovered. It is likely that the gentle turning point for the AUZ economy is coming, and AUD/USD could have a better look.&nbsp;
- Technically, both K line and MACD line show that there is an increasing trend for AUD/USD.&nbsp;
The strategy:&nbsp;
Entry: 0.68766
T/P:0.69228
S/L: 0.68305 &nbsp;

AUD/USD long opportunity

- &nbsp;&nbsp;ETA WTI inventories have decreased, and the market expects that improved terms of trade will increase WTI demand, showing that there is a good long opportunity for WTI.&nbsp;
- Technically, the 20 MA is &nbsp;above the other lines, and the price is advancing over all the MA lines. This signal shows that there is an increasing trend for WTI. From RSI indicator, there could be a short-term correction, and then the price would rise steadily.&nbsp;
- According to the increasing trend and the previous support and resistance point, the long strategy is as following.&nbsp;
Entry: &nbsp;60.394
T/P: 62.600
S/L: 58.251&nbsp;

WTI long position opportunity

- BTC/USD has still been heavier on the sell side, and the previous highest point and lowest point could be the resistance and support level respectively. &nbsp;

still have a short opportunity for BTC

- The long position still exist since the price is above all the MA lines and 20 MA is advancing above larger lines. &nbsp;
- The overall trend is increasing because of the trade deal between US and China&nbsp;

USD/JPY analysis

-A Bearish Engulfing pattern occurred recently, showing that there is a short opportunity.&nbsp;
- The gold demand will decline since the trade dispute settlement between America and China &nbsp;

Gold short opportunity

- From MACD line, there is still an increasing space for the gold. the price has broken through the 0.618 point of Fib Retracement, and there might be a long position later. The price may turn to short position after it falling down the 0.618 point again.&nbsp;
- the Main trend of gold is still decrease due to the trade optimism. &nbsp;

Gold  forecast

- &nbsp;&nbsp;the United States has agreed to reduce some tariffs on Chinese goods, which reduced the market risk aversion and USD/JPY could increase&nbsp;
- Technically, the fast line crossed slow line from bottom to top in MACD, and the price has over the average line of Bollinger Bands. Both of them are showing a long signal in the market. the top line of Bollinger Bands could be a pressure point&nbsp;

USD/JPY forecast

- Technically, the RSI indicator is over 80%, showing that there is a short signal in the market. &nbsp;The 0.236 point in the Fib Retracement could be a support point for the next level
- &nbsp;&nbsp;But the overall trend for AUS/USD is still increasing since the USA has agreed to reduce some tariffs on Chinese goods. This policy will begin to implement on 15th Dec.&nbsp;

maiwen zhang

maiwen zhang

Dec 01 2020

WTI predication

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maiwen zhang

Dec 01 2020

XAU/USD forecast

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maiwen zhang

Dec 01 2020

LONG TREND for AUD/USD

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maiwen zhang

Dec 01 2020

GBP/USD short position

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maiwen zhang

Dec 01 2020

AUD/USD long opportunity

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maiwen zhang

Dec 01 2020

WTI long position opportunity

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maiwen zhang

Dec 01 2020

still have a short opportunity for BTC

maiwen zhang

Dec 01 2020

USD/JPY analysis

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maiwen zhang

Dec 01 2020

Gold short opportunity

maiwen zhang

Dec 01 2020

Gold forecast

maiwen zhang

Dec 01 2020

USD/JPY forecast

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maiwen zhang

Dec 01 2020

AUD/USD short term analysis