Check out the latest Weekly Forex Forecast to see how DXY strength will impact EURUSD, GBPUSD, USDCAD, and XAUUSD next week!
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_________________ CHAPTERS _________________
0:00 Intro
0:15 Free VIP Access and 30% Trade Bonus!
0:56 DXY
3:12 Forex Factory Calendar
4:23 EURUSD
8:05 GBPUSD
10:14 USDCAD
12:46 XAUUSD
US Dollar Index (DXY)
The US dollar ended last week on a bullish note with a 104.00 reclaim, but bulls still have work to do with 104.45 resistance.
Get the full analysis on the blog:
EURUSD
The euro broke down last week below the 1.0850 key area, but the worst of the damage can be seen on the EXY weekly chart.
Get all the details in today’s video!
GBPUSD
The British pound is another currency that fell hard last week on USD strength.
The sub 1.2640 close confirms the entire March rally as a fakeout, which could have bearish implications for weeks.
USDCAD
The US dollar vs the Canadian dollar remains locked in a range, but recent dollar strength could lift the pair above 1.3600 to 1.3650.
Time will tell if the late-week bullish from move the DXY is sustainable.
XAUUSD
Gold remains above the $2,140 December high, making shorts unfavorable.
However, last week’s failed attempt to rise above the $2,200 area could offer an opportunity next week.
Get the full analysis on the blog:
None of this is meant to be construed as investment advice, it’s for entertainment purposes only. Links above include affiliate commission or referrals. I’m part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
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@Justin Bennett, Commodity Einstein, Genius in Making, Always Accurate and Insightful, Keep it Up, Mate.
Uup dollar has inverted h/s ??
Dopo essermi registrato su bluberry e versato una somma dove potrò seguire il tuo abbonamento a vita??
Lol, making analysis on a weekly chart and looking at the trend of a decade, what is the use of all this? Your analyses have become weaker and funnier over time.
Bennet at it again ❤❤
It’s funny how I’ve observed a set of tendencies that just happen to kinda confirm a lot of how he looks at the market. Cool stuff. Keep it up.
Many thanks boss. Excellent. Please could you kindly analyse GBPJPY
Thank you