Crypto & Forex Update 12/11/2018:

BTCUSD — continued to trend downwards with the general weakness in the Crypto market trading below the $3500 mark with the resistance @ $3800 firmly in tact, with further weakness eyeing the Psychological level of $3000

ETHUSD — gains capped below the resistance @ $100 eyeing the previous low around $83 with nothing stopping in between till the next support around $56 — $60

GBPUSD — has been the weakest this week with the uncertainty of Brexit vote in the British Parliament which has been postponed. At the time or writing the the intraday resistance is @ 1.2545 a break of which would eye 1.2580 & the previous high of 1.2640 in extension. Failure to penetrate the resistance would eye 1.2450

USDCAD — Although unable to break the most recent high of 1.3420, the strong bullish momentum is intact. Only a break of the previous low of 1.3260 would signal a pause in the ST bullish momentum & bring extended correction.

EURUSD — has extended its ST bearish run with the intraday resistance @ 1.1350 capping gains for now. A penetration of this level would target 1.1375 while a drop below the previous low of 1.1305 could extend weakness to 1.1280

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