Weekly Forex Forecast (October 1- 5 October 2018)

Weekly Forex Forecast (October 1- 5 October 2018)

EURUSD The price broke down Mirror level 1.1730 on chart you see how many time currency rate bounced from that level. I think on next week there can be pullback up to that level(1.1730). Also, I think EUR will continue it’s decreasing to 1.1528. Because most the currencies decreasing against USD and Long — term trend on Weekly chart bearish .  The best is to trade for continue of the trend.

GBPJPY It has been a while that I have not had a detailed review of a pair and it was just signals sent out.
In this review I would like to investigate a medium to long term plan for trading GBPJPY.
I am bullish on this pair and here are the reasons that I think YEN will depreciate and Sterling will appreciate.

EURJPY possible goes up for this retrenchment.

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