16 December Free GBP/USD, EUR/USD and BTC/USD Trading Signals


Our 16 December Free Trading Signals for GBP/USD, EUR/USD and BTC/USD include technical outlook as the following:

16 December GBPUSD trading signal

On Thursday GBP/USD spiked right after UK elections exit pools were released. The pair immediately jumped to 1.35 level. Later during the day GBP/USD retraced to 1.33 level. At the moment the price is above both 50 Moving average (red line) and 200 Moving Average (dark blue line), which is a signal of the bullish trend. I’m looking for buy orders at the moment. Scroll down to see the signal details with my SL, TP and entry levels for GBP/USD. Please keep in mind that elections news can significantly impact GBP/USD volatility.

GBPUSDH1

16 December EURUSD trading signal

On Friday EUR/USD fell below the opening price after touching 1.12 level, which was the highest pair value since August. On Daily timeframe, EUR/USD formed a gravestone doji candle which is a reversal signal for the previous bullish trend. On H1 timeframe the price is below 50 Moving average (red line), but above 200 Moving Average (dark blue line), which is a signal of uncertainty. But bearish divergence (yellow lines) can clearly be seen on MACD indicator. Because of the gravestone doji candle on D1 timeframe and bearish divergence on H1 timeframe, I am looking for sell order at the moment. Scroll down to see  the signal details with my SL, TP and entry levels for EUR/USD.

EURUSDDaily

EURUSDH1

16 December BTCUSD trading signal

During the weekend BTC/USD fell to 7000 psychological level. After touching 7000 level the pair retraced to dynamic resistance in form of 50 Moving average (red line). At the moment minor resistance is 50 Moving average (red line), major resistance is 200 Moving Average (dark blue line), major support is 7000 psychological level. Scroll down to see the signal details with my SL, TP and entry levels for BTC/USD.

BTCUSDH1

We publish Free trading signals every day since 2015. Subscribe to our RSS feed and email newsletters to stay ahead of the market. Please note that these signals are my entries. You should always consider doing your research too. Trading Forex, Commodities and Cryptocurrencies carry a high level of risk. You should never invest anything more that you would be willing to risk.

You should make sure to check out how to use the AtoZ Markets Forex signals guide. If you still have further questions, I am actively following AtoZMarkets twitter. I am always here to answer questions related to our Forex and Crypto signals. Please direct your questions to me on @AtoZ_Markets on Twitter.

Share Your Opinion, Write a Comment