Weekly forex analysis: EUR/USD, GBP/USD, AUD/USD and more [Video]
Weekly forex forecast covers forecast on EUR/USD, GBP/USD, AUD/USD, NZD/USD, and USD/CAD forecast. Our weekly forex forecast covers technical analysis, price action on major forex pairs, assets using the high-timeframes and market environment.
Welcome to this week's Weekly Forex Forecast video where we do the simple but powerful top-down approach to identify market behavior, direction using the price action. Simple trading approach with powerful money management rules and simple trading rules combined with right trading mindset, psychology is the key to long-term success in trading forex, gold, silver, stocks. Risk management rules and correct trading psychology is our best trading edge, once we learnt to read the price action and market behavior.
In this video we discussed possible great trading ideas ahead on the markets - EUR/USD, GBP/USD, AUD/USD, NZD/USD, and USD/CAD. By doing the top-down approach, analysis using the high time-frames we can see we have a possible bigger move ahead.
In this forex forecast video we did a simple but powerful top-down approach to identify market behavior, direction. Simple trading approach with powerful money management rules and simple trading rules combined with right trading mindset, psychology is the key to long-term success in trading forex. Risk management rules and correct trading psychology is our best trading edge, once we learnt to read the price action and market behavior.
Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the fx market. Don’t trade with money you can’t afford to lose. You must be aware of the risks of investing in forex and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Weekly forex outlook opinions on this page are for informational purposes only and are not investment advice. You should do your own research before making any investment decisions and take full responsibility for your own results, performance.
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Editors’ Picks
AUD/USD: Next on the upside comes 0.6360
AUD/USD added to Tuesday’s uptick and trespassed the 0.6300 hurdle despite the decent rebound in the Greenback and opening the door to a potential test of the monthly highs in the 0.6360 in the short term.
EUR/USD faces a probable technical decline
Despite the daily pullback, EUR/USD remains in the overbought territory, leaving it vulnerable to a potential technical correction in the next few days. The pair’s constructive outlook remains in place, in the meantime, above the 200-day SMA.
Gold price surges as traders digest US inflation data, trade uncertainty
Gold climbs above $2,930 as safe-haven demand overcomes rising US yields. Softer US CPI supports bets on Fed rate cuts, fueling Gold’s rally despite USD rebound.
XRP notes slight uptick following rumors of Ripple and SEC nearing a conclusion to their four-year legal battle
Ripple's XRP recorded a 2% gain on Wednesday following rumors of the company nearing an agreement with the Securities & Exchange Commission to end their four-year legal battle.
Gold price surges as traders digest US inflation data, trade uncertainty
Gold climbs above $2,930 as safe-haven demand overcomes rising US yields. Softer US CPI supports bets on Fed rate cuts, fueling Gold’s rally despite USD rebound.
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