USDJPY we can see that its in a long term uptrend, but we cant expect market to be going bullish without some retracement, we might likely see a retracement to 130.883 level before we see the continuation to the upside but if you are not interested in the retracement you can wait for the break of the 137.400 level to buy.
THIS IS BASE ON MY PERSPECTIVE BASES ON...
This week I see AUDUSD rising at least to the upper side of the daily channel.
We had a nice stong bounce and momentium seems to be on our side. We also had divergence on the last leg down to confirm the weakness in the bears.
My idea will be invalidated if price breaks below the weekly support and continues lower
Welcome to the latest Forex Weekly Forecast. I analyze 18 pairs, and put them on my Watchlist. Check the timestamps for the ones that aren't on the Watchlist. Remember, just because they aren't setting up today, doesn't meant they won't be near an entry during the week! So stayed tuned for updates!
00:00 Intro
00:09 DXY
02:37 USDCAD
04:05 USDCHF
05:07...
Hey traders, here is the analysis for the EURUSD. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
