Weekly Forex Forecast for EURUSD, GBPUSD, USDJPY, GBPJPY, GBPAUD (January 13 – seventeen, 2020)

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Observe the newest Weekly Forex Forecast to see how Justin Bennett is trading the EURUSD, GBPUSD, USDJPY, GBPJPY, and GBPAUD via January seventeen, 2019. Observe this movie before trading these currency pairs!

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Weekly Forex Forecast for January 13 – seventeen, 2020

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Daily Price Action


EURUSD Forecast

The EURUSD continued its sideways movement past 7 days.

Friday carved a bullish engulfing candle, but it isn’t convincing adequate for me to acquire the pair.

Continue on reading…

GBPUSD Forecast

Equivalent to EURUSD, the GBPUSD has been indecisive.

But as I wrote on Friday, this newest round of consolidation shouldn’t surprise anyone.

The pair has presented us a several stellar chances currently.

USDJPY Forecast

The USDJPY ended past 7 days at a vital resistance spot.

I designed a movie about the importance of this 109.50 to 109.70 resistance zone past 7 days.

It’s the intersection of a critical horizontal degree and the trend line that extends from the November 2018 highs.

Continue on reading…

GBPJPY Forecast

GBPJPY is a different a single we’re holding a near eye on.

I wrote about this ascending channel past Wednesday.

The confluence of assistance that has made at 141.00 is significantly attractive to me.

GBPAUD Forecast

The GBPAUD is a single of the greater-looking currency pairs at the second.

I talked over the probable for a bearish reversal on Tuesday.

The bearish engulfing candle that shaped not long ago on the weekly time body looked specially ominous for the pair.

Continue on reading…

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