Note On Charts: It’s imperative to your trading success that you are trading with a broker that offers ‘New York Close Forex Charts‘, (a true 5 day chart that aligns with the New York Close).

Chart Commentary Disclaimer: Nial’s views on the Charts is not advice or a recommendation to trade or invest, it is educational and general information only. Don’t blindly buy and sell the markets/products discussed in this newsletter, do your own research and be aware of the risks and rewards.

Weekly Trade Setups Ideas & Chart Analysis By Nial Fuller – Dec 2nd to 6th, 2019

GBPJPY – Looks set to break out higher from the recent sideways consolidation.

Trend: Bullish

Relevant Key Levels: Resistance 143.83. Support 138.98

Price Action Signals: None. (watch members daily commentary this week for updates)

Current Notes: The bias is bullish whilst prices remain above the 138.98 support area.

Potential Trade Idea: We will consider buying on any short term weakness in prices and after a bullish price action signal, whilst prices remain above the 138.98 support area. Initial upside targets to 143.83

NOTE – You can trade NZDUSD via the preferred trading platform we use HERE.

S & P 500 – Continuing to buy the dips whilst the uptrend remains intact.

Trend: Bullish

Relevant Key Levels: Support at 3075, 3030, 2960, 2860-80 and 2800 to 2825. Resistance at 3130.

Price Action Signals: Price recently broke up from a Bullish Pin Bar + Inside Bar combo that formed 2 weeks ago.

Current Notes: The bias is still very bullish whilst prices hold above 2960 to 3030 support area. A strong technical support base had formed after the last correction lower held firmly at the 2800 to 2825 key support area.

Trade Idea: We will consider buying on a retracement lower in prices and/or after a clear price action buy signal, whilst prices remain above the 2860 and 3030 support areas.

NOTE – You can trade S & P 500 via the preferred trading platform we use HERE.

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All Members of Nial Fuller’s trading courses & members area get access to Nial’s daily trade setups ideas newsletter. You will get potential trade ideas and technical chart analysis on Currency Pairs, Commodities, Stock Indices and more. For More Info Visit the Course Membership Page Here.

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Chart Commentary Disclaimer: Nial’s views on the Charts is not advice or a recommendation to trade or invest, it is educational and general information only. Don’t blindly buy and sell the markets/products discussed in this newsletter, do your own research and be aware of the risks and rewards.





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