Welcome to the daily analysis of currency predictions given by BroInsights AI model for the 10th of December 2024.
USDCAD Currency Prediction
As you can see we have drawn a Trend line in the 15 min chart of USDCAD. And as you can see we entered the trade as soon as the tredn line was broken. The trade is going to be a smaller trade with around 15 pips and that is because our BroInsights AI model predicts that the price is going to reach 1.41583. We have to respect our model because that is our strategy. Therfore the trade for today is going to be as follows;
- Mean Value – 1.41583
- Trade Type – Sell
- Entry – 1.41772
- Stop Loss – 1.41832
- Take Profit – 1.41583
- Risk to Reward Ratio – 1.26
GBPUSD Currency Prediction
There will be no trades with our favorit GBPUSD due to our BroInsights AI Model value is already reached and its risky to place any trades by going against the given mean value. The generated mean value is subjected to mean that by the day end that the price must reach that value or atleast close to it. The New York market is about to open and the price can still go in its direction and settle at our mean value. But doing so is against our strategy. Therefore, there will be no trade for GBPUSD fans.
- Mean Value – 1.27153
- Trade Type – No Trade
Yesterday was an amazing day with both our trades closing in hiting our TPs. If you were following us you could have bagged close to 100 pips. Receive trades given out by our BroInsights early before its too late for absoutely free.
Check out our AI Forex Prediction category for more.
Not only forex, our BroInsights AI model predicts the future of your favorite companies like BT Group Plc, Aston Martin, Anglo American and many more here.
