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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AUD/USD holds higher ground above 0.6700 ahead of Powell's speech

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AUD/USD is trading with modest gains above 0.6700 in the Asian session on Friday. Fresh US Dollar selling, amid the US/JPY sell-off, underpins the pair. However, further upside appears elusive, as traders turn to the sidelines ahead of Fed Chair Jerome Powell's speech.

AUD/USD News

EUR/USD: Further advances appear in the pipeline

EUR/USD: Further advances appear in the pipeline

Another solid weekly performance saw EUR/USD clinch its fourth consecutive week of gains, including a new 2024 peak in the 1.1180–1.1185 band. The strong move higher in the pair came in response to the heightened downward bias hitting the US Dollar.

EUR/USD News

Gold buyers are encouraged as yellow metal rises above $2,500

Gold buyers are encouraged as yellow metal rises above $2,500

Gold corrected lower after touching a new all-time-high last week but managed to climbs above the key $2,500 level on Friday. This week’s economic calendar will feature key inflation data from the US.   

Gold News

SUI, OP, ZETA lead $160 million crypto token unlocks this week

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The crypto market will witness another round of heavy token unlocks this week, with $164.2 million of cliff unlocks entering into the circulating supply of several top altcoins, per crypto intelligence firm Token Unlocks.

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Week ahead: PCE inflation eyed as Fed lays groundwork for September cut

Week ahead: PCE inflation eyed as Fed lays groundwork for September cut

Focus to stay on the Fed as PCE inflation to be week’s main highlight. Eurozone inflation data to be crucial for ECB rate cut hopes. Australian and Tokyo CPI, plus Canadian GDP also on the agenda.

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Moneta Markets review 2024: All you need to know

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VERIFIED In this review, the FXStreet team provides an independent and thorough analysis based on direct testing and real experiences with Moneta Markets – an excellent broker for novice to intermediate forex traders who want to broaden their knowledge base.

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