26 Oct Weekly Forex Forecast – Forex Technical Analysis And More
Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of October 26-30, 2020
AUDUSD Already running with a trend line and there price is forming a continuation pattern to the downside. Watch strong price action at the current levels for sell.
Crude Oil already create a bearish flag pattern here and now we have no wait for next break out then we take this trade for short sell position.
In EURNZD We have a channel that seemed to have formed on this pair. Price closed just above the Daily SSB and the weekly Key Zone which is a strong support zone . This area is also the bottom borderline for our channel which creates good confluence for our hypothesis. We use two positions to cover our take profit areas.
As Gold unable to stay above 1922 key level and rejected from that level.So now we going to see some downward price movement.
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