Weekly forex Forecast and outlooks ▻Telegram Forex Signals including currency technical analysis for the US dollar, Euro, British pound, Japanese yen, Australian dollar, Canadian .
USDCAD we correctly foretasted that will break the low again. For this week the price may continue to fall, but at some point, we expect the US Dollar to gain some momentum against his Canadian fellow and start a bullish move. A nice confirmation for the bullish move will be a break of the resistance area that we highlighted, followed by a small correction.
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USDCHF last week was trading on a range and Wednesday it broke out of the range before closing on Friday with a candle close into the range. For now we anticipate a move to test the resistance of the range. A break out of the resistance will be our buy confirmation for a continuation.A short pullback to take off the LW , before a long drop. lets watch the direction of the chart and follow it step by step
GBPNZD Still now running with Bearish movement and price try to take next support level before goes up. So you have to wait for next buy opportunity there.
lately have been bearish across the board, and certainly is looking so on GBPCHF . We can see price action formed an ascending channel / wedge structure, correcting the price to the previous swing high. This is a good indication the bullish momentum is exhausted, and we can expect a reversal price action.
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