21 Feb Forex Forecast /Forex Technical Analysis And Forex Best Signals More (Feb 22th- 26th Feb 2021)
Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of Feb 22th- 26th Feb 2021 . Weekly Forex outlooks and forecasts ▻ including currency technical analysis for the USD dollar, Euro, British pound, Japanese yen, Australian dollar, Canadian Dollar and And Forex Best Signals
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GBPUSD We see price marked up in a channel trending upward.Price got to the peak of the channel(resistance) and we got a bearish call, we should expect more bears till 1.39778. If we see a break below 1.39552, we keep going short (the head and shoulder pattern) & (triple top pattern).
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GBPCAD During the movement in a strong upward channel, this currency pair broke through the 1.742 support line, which has existed on the chart since July 2020. Up to this point, the line acted as resistance, but after the breakout it stopped the price drop at least once in the 1.739 area.
GBPJPY We expecting this pair move downside after touch level 149 area . So now we wait for Trade confirmation for sell.
NZDCHF is setting up for drop.Watch price action at top and look for sell.Watch lower time frame corrections and add all the way back to bottom.
NZDJPY Price is on weekly resistance. But also its is on daily resistance trend-line thus both forces pushing price downwards. The breaking of that channel below and its retest will lead to further fall until around 72.800(400 pips) as a retest as price had broken the monthly trend line.
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