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Weekly Forex Forecast for November 4 - 8, 2019

From dailypriceaction.com

In this weekly Forex forecast, I’m going to show you exactly how I’m trading EURUSD, GBPUSD, USDJPY, AUDUSD, and NZDUSD through November 8, 2019. Watch the video below, and be sure to scroll down for more commentary and annotated charts. {video} We’ve been tracking the EURUSD’s bullish progress for weeks. It all started when the pair bottomed in the 1.0900 region. I discussed this several times, including three reasons why sellers needed to be careful. But it was the October 11 close above the descending channel top that really got our attention. That breakout meant any retest of 1.0990 was likely to attract buyers. ... (full story)

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  • Category: Technical Analysis