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Weekly Forex Forecast For July 17-21, 2023

From dailypriceaction.com

Today I’m going to show you exactly how I’m trading the DXY, EURUSD, GBPUSD, USDCAD, and XAUUSD next week. The DXY suffered its most significant breakdown of 2023 last week, while the EURUSD and GBPUSD enjoyed bullish breakouts above critical areas. We also saw USDCAD bounce from the 2021 trend line I’ve mentioned and an XAUUSD breakout above $1,940. So I’ll discuss all of that in today’s video, including key levels and targets for next week. {video} US Dollar Index (DXY) Forecast The DXY broke down from the previous year-to-date lows at 101.00 last week. The level had held as support between February and April, ... (full story)

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  • Category: Technical Analysis