11 Oct Weekly Forex Forecast – Forex Technical Analysis And More ( October-12th- 16th October 2020)
Weekly Forex Technical Analysis
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USOIL Already Breaks then strong daily trend line and now there have big possibility to goes up for 44 dollar Price.
EURGBP Forecasting buy pattern bull flag and continuation chart. So now wait for breakout then you take trade this trade/
USDJPY The market should be added to a watch-list. The price reached the key resistance at 16.00 level. We got a bearish candle which confirmed the price reversal from the zone. During the next week, we will be able to search for trade opportunities for shorting
Silver going to touch again the previous trend Support area for further move. So in this moment trade is risky now just wait for good trade confirmations.
GOLD chart is currently in a choppy pennant , and has finally started recovering from that drop a few weeks ago. There’s a lot of uncertainty in the radar as elections are approaching and there are mixed views on overall markets. If it keeps gaining next week might be a good idea to add some shares.
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