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Posted on Sep 30, 2019 at 07:20 AM
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Weekly Forecast - Sept 30- Oct 4

Check out this Week's Forecast on EUR/USD GBP/USD USD/CAD and EUR/JPY and how we are trading this pair for the week.

If you are trading any of these pairs for the week, then this analysis is for you.

EUR/USD

1.0962 to 1.0942 is our key Resistance zone area. A break below will begin another round of short sell. Other wise a Buy should breakout after a mild consolidation.

Eurusd Sept 30

BIAS: Consolidation waiting for Bullish Breakout.

 

GBP/USD

1.2277 to 1.2377 is our key pullback zone area. We should be seeing weakness on the Dollar leading to a bullish pull back to 1.2377. Then the bears would likely come in if the Dollar gains strength.

Gbpusd Sept 30 

BIAS: Bullish pullback before Bearish continuation

 

USD/CAD

Massive consolidation continues in the 1.3233 and 1.3273 zone. We will continue to scalp this zone until price gains momentum in a particular direction.

Usdcad Sept 30

BIAS: Consolidation.

 

EUR/JPY

118.20 is our likely entry price for a Sell continuation on this pair, dropping to retest the 117.50 support zone for a bounce.

Eurjpy Sept 30

BIAS: Bearish continuation

Which of these pairs will you be trading this week? Let's hear the direction from you!

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