페이지 정보작성자 Justin Bennett 작성일20-06-28 00:00 조회1회 댓글0건
Watch the latest Weekly Forex Forecast to see how Justin Bennett is trading the EURUSD, GBPUSD, USDJPY, USDCAD, and XAUUSD through July 3, 2020. Watch this video before trading these currency pairs!
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Weekly Forex Forecast for EURUSD, GBPUSD, USDJPY, USDCAD, XAUUSD (June 29 – July 3, 2020)
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The EURUSD gave up the 1.1230 support level last week after breaking above it on June 22nd.
However, buyers managed to hold the euro above the falling wedge resistance I mentioned in last week’s forecast.
That area comes in near 1.1200.
GBPUSD ended last week where it started.
Following a 200 pip rally between Monday and Tuesday, sellers took over to close the pair at breakeven for the week.
Notice where GBPUSD encountered selling pressure, though.
The USDJPY monthly chart below is all that matters for the pair, in my opinion.
The daily and even weekly time frames are too choppy to make any reasonable assumptions about the market’s likely future direction.
I’ve mentioned this wedge before, including in my June 2nd post.
USDCAD recovered nicely last week.
On June 12th, I wrote that USDCAD buyers needed to hold 1.3560.
XAUUSD (gold) broke out from its sideways consolidation on Monday.
We’ve been anticipating a break higher given the uptrend that has been in place since late 2018.
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#EURUSD #GBPUSD #USDJPY #USDCAD #XAUUSD #Forex
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