Our 3 December Free Trading Signals for USD/JPY, XAU/USD, ETH/USD and BTC/USD include technical outlook as the following:
3 December USDJPY trading signal
On H1 timeframe USD/JPY broke below the bullish channel, where the price was staying for the last 6 trading days. Right now the pair stays below 50 Moving average (red line), but above 200 Moving average (blue line). The next significant resistance level is 200 MA. In case this dynamic resistance is broken, I do expect the pair to move lower. Scroll down to see the signal details with my SL, TP and entry levels for USDJPY.
3 December XAUUSD trading signal
From the technical point of view, XAU/USD is staying inside the bullish channel for the last 5 days. I am looking for buy orders from the lower channel boundary. Our TP level is towards the higher end of the channel. Scroll down to see the signal details with my SL, TP and entry levels for XAUUSD.
3 December ETHUSD trading signal
Last week Etherium fell to the lowest level since April 2019. But after touching 131 level, the price started a correction. Right now ETH/USD price is staying right between 50 Moving average (red line) and 200 Moving average (blue line) on H1 timeframe. Bullish trend reversal is not yet confirmed, though “reversed head and shoulders” pattern was spotted on H4 timeframe. I’m currently looking for buy orders above 155 psychological resistance level. Scroll down to see the signal details with my SL, TP and entry levels for ETH/USD.
3 December BTCUSD trading signal
Last week BTC/USD fell to the lowest level since May 2019. But after touching 6500 level, the price started a correction. Right now BTC/USD price is staying below 200 Moving average (blue line) and 50 Moving average (red line) on H1 timeframe, which is a sign of the bearish trend. I’m currently looking for sell orders below psychological level 7000. Scroll down to see the signal details with my SL, TP and entry levels for BTC/USD.
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.