According to MACD there can be seen a cross today, which shows an upward trend.&nbsp;
And it is still in a parallel upward channel. Also, we could find an upper bound and lower bound which are T/P level and S/L level in this long strategy. I still want to hold a long position for this product.&nbsp;

Prediction for AU200

According to Fib Retracement and uncertainty of British situation, it is hard to predict what direction will be for this product. However, it can be seen that the retracement line works really well in past few months. If two lines in MACD get crossed, we could make a further trading strategy at that moment. Hence, we could pay attention on upper resistance level at around 2.0 and lower resistance level at 1.907.

The boundary of long and short position for GBP/NZD

As there is a cross in MACD, the recovering signal is obvious.&nbsp;
In technical analysis, upward channel still plays a role in recent trend, although the index has reached a previous resistance level.&nbsp;
In fundamental analysis, as American stock market is a bull market recently, I think AUS200 would rise in several few days as well.&nbsp;

Prediction for AUS200

The result of in EIA Crude Oil Stocks Change (Dec 20) was worse than expectation, which would benefit CAD. And there are more and more market preference to gold and JPY, USD are under much pressure at this moment. I want to make a short trading strategy.&nbsp;

Prediction for USD/CAD

As the decrease in EIA Crude Oil Stocks Change (Dec 20) is much higher than expectation, I predict that there will be a big increment in oil price in Monday. Hence, I want to hold a long position as trading strategy.&nbsp;

Prediction for Brent

According to the fact that trend based Fib extension and previous resistance level show the similar targets above and below current price. In addition, there are no strong support on GBP after the election. Rate of EUR/GBP might rise up to 0.86. Hence, a long strategy is suggested here.&nbsp;

Prediction for EUR/GBP

As Japan Economic index published recently, in my opinions, unemployment rate (Nov) will not as good as expected. Hence, the rate of USD/JPY will rise if it comes true. A short term long position is reasonable at this moment.&nbsp;

Prediction for USD/JPY

First resistance level below is at around 1.856 and the upper one is at around 1.906. With the reason that "UK leaving" provoked more public concerns, GBP will continuously goes down in several few days and there are no signal of reverse.

Prediction for GBP/AUD

According to FIB Retracement and previous resistance level, the first upward level is around 1515-1517, and the second is around 1533-1535. By following recent trend, a long position is recommended here.&nbsp;

Prediction for  XAU/USD

The Gross Domestic Product released by the Statistics Canada is not as good as expected. As a result, I want to make a prediction that the rate of AUD/CAD will rise in next few days.

Prediction for AUD/CAD

Gold price increase dramatically as American Durable Goods Nov. result is unexpected bad to market confidence. However, the price has reached 1483.33 now. It has reached a upper resistance level and it still in downward channel now. For this reason, I still wanna to make a prediction that this is a good chance to hold a short position.&nbsp;
That is :
Sell XAU/USD at 1483
Take Profit at 1460
Stop Loss at 1518

Prediction for XAU/USD

As this rate has break through previous resistance level 0.84797, it will be possible to rise to upward resistance level at 0.86678. Further development might be resisted at 0.84793. Here I wanna to make a pretty safe trade that:&nbsp;
Buy EUR/GBP
at 0.85871
Take Profit at 0.86590
Stop Loss at 0.84646

Samuel Shi

Samuel Shi

Dec 01 2020

Prediction for AU200

1

7

Samuel Shi

Dec 01 2020

The boundary of long and short position for GBP/NZD

2

Samuel Shi

Dec 01 2020

Prediction for AUS200

1

Samuel Shi

Dec 01 2020

Prediction for USD/CAD

1

Samuel Shi

Dec 01 2020

Prediction for Brent

1

Samuel Shi

Dec 01 2020

Prediction for EUR/GBP

Samuel Shi

Dec 01 2020

Prediction for USD/JPY

Samuel Shi

Dec 01 2020

Prediction for GBP/AUD

Samuel Shi

Dec 01 2020

Prediction for XAU/USD

Samuel Shi

Dec 01 2020

Prediction for AUD/CAD

2

Samuel Shi

Dec 01 2020

Prediction for XAU/USD

Samuel Shi

Dec 01 2020

Prediction for EUR/GBP