Weekly Forex Forecast and outlooks ▻ including currency technical analysis for the US dollar, Euro, British pound, Japanese yen, Australian dollar, Canadian Forex Free Signals .
USDCHF The price have reach the resistance cluster which is still strong and quite difficult to penetrate. Looking forward to have a short trade for next week.
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USDCAD Last week was a corrective week for the “loonie” as the price found some resistance at the upper channel line. In the coming week, we expect the price to make a deeper pullback towards the support area that we highlighted on the chart. After that we can see a continuation of the bullish move that started, having a high change to reach the $1.27 resistance level .
Gold going to take Next resistance level point. Then if we get any confirmation then we can take short with buy or sell . But in this moments there have no trade confirmations.
Crude Oil we sat patiently on our hands whilst everyone FOMO’D. caught the top exactly on 61.70. Profits were taken due to it being a long weekend but on the second sell which is marked we are looking to enter again!! Looking to sell down to our buy region where we long to 63.70!!
GBPUSD have managed to stage a modest recovery after dropping to 1.3670 level a week ago. However, price has reached a level of resistance at present and price is unable to break the resistance.
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