empty
19.12.2023 11:09 AM
EUR/USD and GBP/USD: Trading plan for beginner traders on December 19, 2023

Details of the Economic Calendar on December 18

Monday, as usual, was accompanied by an empty macroeconomic calendar. Important statistical data releases in the European Union, the United Kingdom, and the United States did not take place. However, in the context of the information flow, the speech of the Bank of England Deputy Governor Ben Broadbent stands out. In his statement, he emphasized the uncertainty in the UK labor market and noted that this uncertainty affects long-term decisions on inflation and possible interest rate cuts.

Broadbent particularly highlighted the volatility of wage growth data, expressing interest in whether this growth is a temporary reaction to price increases or a result of a shortage of qualified personnel. Such statements from the Bank of England raise additional questions regarding the prospective monetary policy, especially in the context of the market's expectations of interest rate cuts next year. At the same time, market participants expect a rate cut of approximately 115 basis points over the next year.

This image is no longer relevant

Analysis of Trading Charts from December 18

The EUR/USD currency pair moved about 100 points in a correction phase from the resistance level 1.1000. Then, a phased process of reducing short positions started around 1.0900, leading to a slowdown in the formation of the correction.

The GBP/USD pair is in a correction phase from the 1.2800 level. This caused an increase in the volume of short positions, resulting in the pound sterling losing about 1% of its value.

Economic Calendar on December 19

Today, the publication of inflation data in the Eurozone is expected, with a forecasted decrease from 2.9% to 2.4%. However, since these are final data only expected to confirm the preliminary estimate already considered in the market, the coincidence of actual and forecast values is not expected to cause a significant market reaction.

EUR/USD Trading Plan for December 19

The absence of maintaining the price below the 1.0900 level during the day may indicate the completion of the correction phase, which will subsequently lead to the recovery of the euro exchange rate. However, in case of a prolonged correction considering technical factors, the quote may well decrease to the 1.0850 level.

This image is no longer relevant

GBP/USD Trading Plan for December 19

The correction phase is just a tactic in the ongoing upward cycle in the market. There are no radical changes in price, so a return of the quote above the 1.2700 level may well indicate an increase in the volume of long positions. For now, the correction phase will continue to prevail among market participants for some time.

This image is no longer relevant

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.

Gven Podolsky,
Analytical expert of InstaForex
© 2007-2025
选择时间框架
5
分钟
15
分钟
30
分钟
1
小时
4
小时
1
1
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

推荐文章

如何在6月12日交易英鎊/美元貨幣對?初學者的簡單提示和交易分析

週三,GBP/USD 貨幣對的走勢類似於 EUR/USD 貨幣對。美國通脹報告成為美元下跌的新驅動力,儘管數據並不算災難性的。

Paolo Greco 06:05 2025-06-12 UTC+2

如何在6月12日交易EUR/USD貨幣對?新手簡單技巧和交易分析

週三,EUR/USD 貨幣對恢復了其超過四個月的上升趨勢。更確切地說,自唐納德·特朗普成為總統以來就一直持續。

Paolo Greco 06:05 2025-06-12 UTC+2

2023年6月12日英鎊/美元交易建議與分析:英鎊再添喜訊

週三,GBP/USD貨幣對恢復了上升趨勢。如先前所述,英鎊目前並無有效理由對美元下跌——尤其是 對美元 來說。

Paolo Greco 04:00 2025-06-12 UTC+2

2023年6月12日EUR/USD交易建議與分析:通脹數據甚至未能提振美元

EUR/USD 貨幣對在整個週三的交易表現相當不同。在歐洲交易時段,該貨幣對繼續其橫向波動的趨勢,這種趨勢已持續了幾天。

Paolo Greco 03:55 2025-06-12 UTC+2

GBP/USD:6月11日美國盤交易計劃(早盤交易回顧)

在我早上的預測中,我注意到了1.3483水準,並計劃根據此水平做出交易決策。讓我們來看看5分鐘圖,並分析發生了什麼。

Miroslaw Bawulski 18:41 2025-06-11 UTC+2

EUR/USD:6月11日美國交易時段交易計劃(早盤交易回顧)

在我上午的預測中,我強調了1.1425水平,並計劃根據該水平做出進場決策。讓我們看一下5分鐘圖表,觀察發生了什麼。

Miroslaw Bawulski 18:38 2025-06-11 UTC+2

如何在6月11日交易英鎊/美元貨幣對?初學者的簡單提示和交易分析

在週二,英鎊/美元貨幣對呈現出下行趨勢,這是由幾個因素所致。首先,該貨幣對跌破了上升趨勢線。

Paolo Greco 06:10 2025-06-11 UTC+2

6月11日如何交易歐元/美元貨幣對?初學者的簡單提示和交易分析

週二,歐元/美元貨幣對再次顯示出無意積極交易。在過去三天內,從小時圖上已形成一個橫向通道,而該貨幣對的波動性仍然非常低。

Paolo Greco 06:10 2025-06-11 UTC+2

2023年6月11日GBP/USD交易建議及分析:英鎊在新一輪上漲前暫停

英鎊/美元貨幣對在週二繼續以相對混亂的方式交易,但呈現出看跌的基調。英鎊至少在趨勢轉為下行後稍微下跌。

Paolo Greco 03:31 2025-06-11 UTC+2

2023年6月11日歐元/美元交易建議與分析:於高點水平盤整

在週二,歐元/美元貨幣對繼續在雙向波動。這些波動顯示出市場呈現盤整。

Paolo Greco 03:31 2025-06-11 UTC+2
现在无法通话?
提出您的问题,用 在线帮助.
Widget callback
 

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 InstaForex anyway.

We are sorry for any inconvenience caused by this message.