FOREX NEWS

Weekly Fx Forecast for EURUSD, GBPUSD, USDCAD, NZDUSD, CADJPY (Oct. 21 – twenty five, 2019)




Scalping Strategy Course (DVD + Online) - $299.00

In the much anticipated Forex Scalping Strategy Course, Vic and Sarid show you short-term focused techniques and strategies to make quicker profits while reducing market exposure.




Forexmentor Coach's Corner First Month (Online) - $149.00

The Coach's Corner offers 2 live sessions per week, an integrated approach to trading, FREE access to the VicTrade video course and Darko's Pattern Trading Video Lessons.



Check out the most current Weekly Fx Forecast to see how Justin Bennett is trading the EURUSD, GBPUSD, USDCAD, NZDUSD, and CADJPY the 7 days of Oct 21, 2019. Check out this movie right before trading these currency pairs!

Sources & One-way links:
_____________________________________________

Subscribe to Justin’s Channel Today:
http://little bit.ly/2lTRJCh

Weekly Fx Forecast for Oct 21 – twenty five, 2019
https://dailypriceaction.com/setups/forex-forecast-october-21-twenty five-2019/

Need enable with your trading? Be part of DPA today!
https://swingtrading.dailypriceaction.com/life time-membership

Obtain Justin’s Fx Charting System:
https://www.blueberrymarkets.com/lp/dailypriceaction
_____________________________________________

EURUSD Forecast
_____________________________

This EURUSD rally is intact whilst the pair is over 1.1070 assistance.

Vital resistance for the 7 days in advance will come in at 1.1200 with a shut over that concentrating on the broader descending channel prime all over 1.1250/70.

Alternatively, a shut below 1.1070 would expose the 1.0990 location.

GBPUSD Forecast
_____________________________

GBPUSD finished the 7 days at the 1.2990 resistance place.

If customers can shut the pair over that, we could see GBPUSD extend higher towards 1.3170.

Alternatively, a shut below 1.2770 would signal weak point and expose 1.2570.

USDCAD Forecast
_____________________________

Can USDCAD sellers defend 1.3130/forty this 7 days?

Which is the problem that requirements answering.

If so, we could see USDCAD craze reduced towards 1.3000/twenty and perhaps 1.2870 and 1.2680.

Alternatively, a move over the 1.3382 superior would likely change the pair higher.

NZDUSD Forecast
_____________________________

NZDUSD customers have a ton likely in their favor, specially that .6200 confluence of assistance.

As very long as .6350/60 is intact as new assistance, I have to favor a move higher into .6430 and perhaps .6490.

Alternatively, a shut below .6340 would negate the bullish outlook.

CADJPY Forecast
_____________________________

CADJPY remains fairly bullish whilst over the eighty one.50/eighty assistance place.

Nevertheless, there is also some slight assistance all over eighty two.50 this 7 days.

A push higher from there would focus on 83.twenty with a shut over that exposing 84.twenty.

The measured aim for CADJPY remains eighty five.twenty/50.

If customers can retain CADJPY over eighty one.twenty/eighty this 7 days, we could see the pair move higher into 83.twenty with a shut over that exposing 84.twenty.
The aim for the potential inverse head and shoulders will come in all over eighty five.twenty.

Subscribe: http://little bit.ly/2lTRJCh to discover far more Fx tips and methods.
Get absolutely free Fx setups: https://dailypriceaction.com/setups
Examine far more on my website: https://dailypriceaction.com/website

#EURUSD #GBPUSD #USDCAD #NZDUSD #CADJPY #Fx #ForexForecast

Disclaimer: Any Information or information and facts on this internet site is Basic Information Only – It does not consider into account your own conditions, make sure you do not trade or invest dependent entirely on this information and facts. By Viewing any content or employing the information and facts in just this internet site you agree that this is common education and learning content and you will not maintain any individual or entity responsible for decline or damages resulting from the content material or common tips offered in this article by Every day Price tag Motion, its workers, administrators or fellow users. Futures, alternatives, and location currency trading have significant potential benefits, but also significant potential threat. You should be conscious of the threats and be eager to acknowledge them in get to invest in the futures and alternatives markets. Do not trade with dollars you cannot pay for to shed. This internet site is neither a solicitation nor an give to Acquire/Sell futures, location forex, cfd’s, alternatives or other monetary products. No representation is currently being created that any account will or is likely to obtain earnings or losses related to those talked over in any content on this internet site. The past overall performance of any trading method or methodology is not always indicative of potential effects.

High Hazard Warning: Fx, Futures, and Alternatives trading has significant potential benefits, but also significant potential threats. The superior degree of leverage can function towards you as very well as for you. You should be conscious of the threats of investing in forex, futures, and alternatives and be eager to acknowledge them in get to trade in these markets. Fx trading requires significant threat of decline and is not suitable for all traders. Remember to do not trade with borrowed dollars or dollars you are not able to pay for to shed. Any opinions, information, analysis, investigation, prices, or other information and facts contained on this internet site is offered as common sector commentary and does not constitute expense tips. We will not acknowledge liability for any decline or destruction, including with out limitation to, any decline of financial gain, which may crop up instantly or indirectly from the use of or reliance on such information and facts. Remember to try to remember that the past overall performance of any trading method or methodology is not always indicative of potential effects.

supply

19 comments

  1. Thanks for stopping by! Subscribe here: http://bit.ly/2lTRJCh to be the first to watch new Forex videos, and leave your comment below. 🙂

    Reply
  2. Justin. I have a question please. Some advice. You recently mentioned that if price closes below resistance turned support then it's more than likely to go towards the next support level. What happens though if you get the close below support but the next day closes above it again. Would you look to initiate new longs? Regards Ash

    Reply
  3. the entire DXY chart needs some "toilet flush", that is, a volatile move that would trigger an impulsive move after that. Because, you can make a piece of art in channels of USDCAD, but this is just too complicated. And market is very simple and it likes "toiled flush" -es.

    Reply
  4. how about this outlook for EURUSD: this week we revisit the 1.0966 level, touch it, and close this week at 1.1123 . Then next week we rise to 1.1325 into the FED meeting, then at FED meeting we make a spike at 1.1547, and that's it for the EURUSD's bull market. From that level we go down until the year end.

    Reply
  5. Hi Justin just one Q here how would one know when to exit the market as took the bullish opportunistic on EURUSD GBPUSD but took profits to soon as it appears. Thanks

    Reply
  6. Thanks again for the video, helps a lot! Congrats on growing your channel, you deserve it! Have a profitable week to anyone!

    Reply
  7. Good analy thank for share .

    Reply
  8. Very helpful outlook on these pairs…thank you!

    Reply
  9. really helpful good work❤

    Reply
  10. Justin you explain everything in details and it really helps me in analyzing the market. Thanks a lot.

    Reply
  11. Came across this channel before yesterday and been forced to subscribe to it bcoz it's adding value to me already and will soon be part of the DPA family!!! Thumbs Up Justin

    Reply
  12. amazing sir

    Reply
  13. Thanks for the good work you are doing

    Reply
  14. thank you sir you know i love to trade because of your analysis

    Reply
  15. Always great to learn from you.

    Reply
  16. Gbpcad Gbpaud Gbpnzd can u update too?

    Reply
  17. Thank you Justin as always great VDO

    Reply
  18. everything is good but can you more clear your chart ..i mean entry price and TP can you make a horizon line it is very simple to get more accurate for the beginners.. very clear to understand which please to start to sell or buy

    Reply
  19. Thanks for the info it is straight to the point

    Reply

Have your say