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Posted on Jul 01, 2019 at 05:40 PM
What pairs are you trading this week? We have a weekly forecast of the possible direction of 4 major pairs to trade for profit this week. Ensure that you don't miss out on any of these!
What pairs do you have your eyes on this week? We have our eyes on these major pairs for the week and if any of these pairs is your favourite or go to pair, then you should totally jump in for some profit. We've done the analysis for you and this is where we think these pairs are headed.
More Downward push expected. We should be seeing serious bearish moves on this pair.
Selling consistently for over a week, the bears should be exhausted by now. Expect to see some consolidation & midweek bullish reversal on this pair.
BIAS: Consolidation leading to Bullish
More Downward push expected. We should be seeing serious bearish moves on this pair. 1.2600 is key sell level here.
BIAS: Bullish reversal
Buying since last week, we should see some bullish weakness on this pair. Expect to see strong bearish moves from major resistance at 123.00 price level.
Now that you have this headsup, ensure to take advantage of it and make some profitable pips today. Do not forget to use sound money mangement principles and feel free to give us your feedback on how this week's trade went!
Is there any pair that you'd like us to include in next week's analysis? Leave it in the comment section and we'll have a look at them over the week.
Until next time, have a good trading experience!