XAUUSD Weekly Forecast for 24th-28th Feb 2020
- Last week we saw Gold broke through new highs, Moving positively with DXY which tecnically should not be the case, as gold price is determined by the US dollar usually they would move negetively with each other so if DXY increases we should see Gold decrease etc..
- So going into this week with a bullish bias on...
EURUSD Weekly Forecast for 24th - 28th Feb 2020
- Last 2 weeks we have been bearish with EU, was looking for further declines with a potential pullback.
- We saw the bearish moves straight into the week to my first target which was set @1.0850
- Furthermore using this level as further resistance to go and hit my target 2 @1.0780
- Going into this week still with...
OIL/XTIUSD Weekly Forecast 24th-28th Feb 2020
- After hitting target 1 @ 49.1 oil started making new highs holding healthy levels of new support
- Price came up all the way to my key levels metioned 2 weeks ago @ 53.8 to @54.35 area
- So going into this week, we are looking for further moves going bullish,
- At the moment price is at a great place for potential...
USDJPY Weekly Forecast for 24th-28th Feb 2020
- Last 2 weeks we expected UJ to increase in value.. @109.60 was my first buy zone which was used for a number of trades during the beggening of the week. During the end of last week we saw a nice impulsive move to my Target 1 set @110.20 and further more breaking through this level to my 2nd target set @111.
GBPUSD Weekly forecast for 24th-28th Feb 2020
- Last two weeks we have been bearish in GU we Reached my second sell zone and done a healthy drop missing my target 1 @ 1.2810 by 40 pips
- Overall around a 200 pip move from my key sell zone last week
- Going into this week staying on the bearish wave, We can see the week eneded with market correcting itsself and...
NZDUSD Weekly Forecast for 24th-28th Feb 2020
- Last week Market began making an imulsive pullback to my second key level which was set @0.6470, We saw @0.6470 that market used this as retest of previous resistance to strart making the bearish move we was waiting for..
- So over the last two weeks we saw a healthy bearish trend and ended the week hitting my target...
USDCAD Weekly Forecast for 24th-28th Feb 2020
- Last week This market was very choppy not showing to much ans staying within about a 100pip range making LL slowly.
- Going into this week Due to the slow market will wait for DXY to show further progress while allowing this pair to take clearer formations.
- I have set my target 1 on this pair @1.3170 but will not...
USDCHF Weekly Forecast for 24th-28th Feb 2020
- Last week after forecast was sent out as we was expecting new highs after a potential pullback, price corrected and made very nice highs to my first target @0.9850
- As we mentioned on my last weeks update on telegram we got into the sell with bears expecting price to pullback for the next healthy wave going bullish....
DXY Weekly forecast for 24th-28th Febuary 2020
- Last week T1 was hit at @98.9
- Furthermore using this as support price went and hit target 2 @ 99.35
-Going into this week we can see price dropped back too target 2 area from last week, This move could be looked as a healthy pullback to previous key areas highlighted
- Only reason to be staying in sells and going...
NZDUSD Weekly Forecast for 10th - 14th Feb 2020
- Last week was looking for further declines to target 1 set @ 0.6425. This was taken out and starting making further lows to next target set @0.6335
- Going into this week continuing on looking for bearish set ups towards my first target set @0.6335 ( last weeks target 2)
- Pull back will be preffered for any new...
AUDUSD Weekly Forecast for 24th - 28th 2020
- Last week after markets opened the price pulled back to my key zone @0.6725 and from here showed major loss in strength with bears taking control to hit my target 1 set @0.6605
- Going into this week we can see a lot of the bears where taking profits during the end of last week
- This could be a nice corrective move...
GBPUSD Weekly forecast for 10th-14th Feb 2020
- Last week we mived bearish towards my key pullback levels following further lows from these levels set.
- Starting this week below broken support turning resistance so have a potential bearish bias with my key levels for any pullbacks in mind as well at previous broken support.
- First potential target set @1.2810...
EURUSD Weekly Forecast for 10th-14th Feb 2020
- Last week EU broke through key areas set for pullback using these as resistance for new lows.
- Going into this week with first key level set at 1.0850 for further bearish momentum.
- Always keeping in mind key areas for potential pullback at previous broken support turning resistance @1.1035 - This will be best...
AUDUSD Weekly Forecast for 10th -14th 2020
- Last week was looking for a pullback then further declines. Price showed bearish formations at my key level for pull back then down to my first target set @0.6670
- Starting this week with my first target set as my last weeks target 2
- So looking for potential bearish moves down too @0.6605, keeping in mind any...
USDCAD Weekly Forecast for 10th-14th Feb 2020
- Last week hitting target 1 @1.3270, now using this as further potential support for continuation to target 2 @ 1.3325 which was missed by 5 pips last week!
- Starting this week wiith a bullish bias looking at best places for new entries with the lowest risk highest reward..
- Best place for a pullback would at key...
USDCHF Weekly Forecast for 10th-14th Feb 2020
- Last week price pushed up to key zone at @0.9725, price showed fruther highs after holding at this key zone
- Going into this week price is structured to the upside so will be initiating longs depnding on price movement.
- We have a good key zone at the 0.9680 area for new entries with the loewest risk highest...
USDJPY Weekly Forecast for 10th-14th Feb 2020
- Last week was looking for uj to reach previous support turning resistance, it hit my key levels and continued using theses levels to support further highs.
- Starting this week above broken resistance potentially turning support
- Great place to be watching the moarket for further continuation too the first target...
XAUUSD Weekly Forecast for 10th-14th Feb 2020
- Last week saw a nice reversal rather than a pullback breaking through key levels @1575 and @1565. Price is showing further bearish momentum going into this week. especially as the US index is trending bullish.
- So This week begins with bulls in control doing a potential pullback to my highlighted zone at around 158...