The following is AtoZ Magic Forex Trading Strategy analysis for three major currency pairs EURUSD, GBPUSD and AUDUSD. See below for Magic Forex trade setups for 23 December.
23 December, AtoZForex – Today we have market entries along with pivot points for three currency pairs.
Magic EURUSD trade setups for December 23
Based on today’s AtoZ Magic Forex Trading Strategy analysis we saw the pair developing bullish price action. However, stochastic indicator is above 50 level. We can expect the pair to retrace back to R1 at 1.04839 level and continue downward.
Today’s Pivot points and trade setups for EURUSD are as follows:
R1: 1.04839, R2: 1.05315, R3: 1.05637
S1: 1.04041, S2: 1.03719, S3: 1.03243
Fx Pending SELL LIMIT @ 1.0483 With Stop Loss: 1.0540 and Take Profit: 1.0410
Magic GBPUSD trade setups for December 23
According to AtoZ magic Forex Trading Strategy, we saw bearish price developments from this pair. Hence, stochastic indicator is sloping on bearish direction. We can expect further bearish price developments from this pair towards to S2 at 1.22109 level.
Today’s Pivot points and entry levels for GBPUSD are as follows:
R1: 1.23481, R2: 1.24139, R3:1.24496
S1: 1.22466, S2: 1.22109, S3: 1.21451
Fx Pending BUY LIMIT @ 1.2212 With Stop Loss: 1.2135 and Take Profit: 1.2312
Magic AUDUSD trade setups for December 23
For today’s AUDUSD AtoZ magic Forex Trading Strategy we saw bearish price developments. Stochastic indicator is sloping down and is below 50 level. We can expect the pair to continue for further bearish developments towards to S2 level at 0.71632 and continue upward.
Today’s Pivot points and entry levels for AUDUSD are as follows:
R1: 0.72503, R2: 0.72844, R3: 0.73109
S1: 0.71897, S2: 0.71632, S3: 0.71291
Fx Pending BUY LIMIT @ 0.7165 With Stop Loss: 0.7115 and Take Profit: 0.7220
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