Intraday Strategies for Beginner Traders on December 30

The EUR/USD currency pair again showed no notable movements on Monday but formed a very important technical signal

The GBP/USD pair traded in a holiday style throughout Monday

ETH/USD could be at risk of continuing to fall over the next few days if it consolidates below the psychological level of $3,000; it could even reach 1/8 of Murray around $2,812.

If Bitcoin recovers in the coming hours and consolidates above $87,700, the outlook could be positive, and we could look for opportunities to take long positions with a target at $89,900 around the 200 EMA.

If the euro consolidates below 1.1780 in the coming hours, the outlook could remain negative, and we expect it to reach the 200 EMA around 1.1685 in the coming days.

If gold continues to rebound in the coming hours, we could expect strong resistance at $4,375 to take short options with short-term targets around $4,260 and $4,200.

The GBP/USD currency pair traded rather sluggishly on Monday, with a downward corrective bias

The EUR/USD currency pair showed no interesting movements throughout Monday

The GBP/USD currency pair continued to trade with minimal volatility on Monday, with no significant macroeconomic or fundamental background