Weekly forecast covers EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/CAD and USD/JPY, Gold (XAU/USD), Bitcoin (BTC/USD), S&P500, Crude Oil Forecast. Our weekly forex forecast covers technical analysis, price action on major forex pairs using the high-timeframes and market environment. Welcome to this weeks Weekly Forex Forecast video where do the simple but powerful top-down approach to identify market behaviour, 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 behaviour. Our top-down appraoch and weekly forex outlook is done on multiple time frames as Weekly, Daily, 4 Hourly charts. We post weekly forex forecast videos every weekend. Subscribe, like and comment to stay updated with new trading outlook videos.
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.
Recommended Content
Editors’ Picks
GBP/USD ticks higher to 1.3025 area on softer USD, BoE rate-cut bets cap gains
GBP/USD recovers further from a two-month low, albeit the upside potential seems limited. The USD bulls opt to take some profits off the table, which, in turn, lends support to the pair. An unexpected fall in the UK inflation reaffirms bets for more BoE rate cuts and caps the GBP.
Gold captures $2,700 for first time ever, what’s next?
Gold price is sitting at the highest level on record above $2,700 early Friday, with the latest uptick led by China’s stimulus optimism and a broad-based US Dollar pullback. The focus now shifts to the Middle East geopolitical updates and Fedspeak for further trading impetus.
EUR/USD appreciates to near 1.0850 despite less-dovish sentiment surrounding the Fed
The EUR/USD pair breaks its four-day losing streak, trading around 1.0840 during the Asian session on Friday. However, the US Dollar received support and reached a two-month high of 103.87 on Thursday, supported by a solid US Retail Sales report, which fueled expectations that the Federal Reserve may implement nominal rate cuts.
Dogecoin whale activity takes a hit, will DOGE price plummet?
Dogecoin notes a drop in the count and volume of whale transactions in the last two days. On-chain data from IntoTheBlock shows that whales have likely slowed down their activity.
Retail Sales post broad advance in September
Despite worries about the financial health of the consumer and potential weakening in the labor market, U.S. retailers had a solid month in September. Control group sales rose more than twice the expected amount, pointing to stronger Q3 consumer spending.
Best Forex Brokers with Low Spreads
VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.