Forex Trade Watchlist for December 2020

Top Down Analysis for all the major currencies, and how to trade them in December 2020. The USD (DXY) is at the key support area and looking very bearish, so the big question is if the bears will manage to break support and if so, that will be a strong signal that the USD will be bearish in December 2020 and most of 2021.

EURUSD is at key resistance with a huge bearish divergence on the RSI weekly time frame. Here we are watching to see if the bulls will manage to break higher. If the bulls fail, we might get a leg down or a correction lower for now. A break up above 1,2000 gonna be a strong signal for the bulls.

Also, in this video, GBPUSD, USDJPY, USDCAD, AUDUSD, NZDUSD, and Gold. A top-down analysis of all these currencies to help you with your Forex Trading plans and watchlist for December 2020.

 

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