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Posted on Feb 24, 2020 at 02:36 PM
Not sure of what your favorite Forex majors would do this week? Here's our forecast on the direction of EUR/USD, GPB/USD, USD/CAD and EUR/JPY for this week.
EUR/USD: Pair is Bullish. Wait for rebound from 1.0805 to join Buy till 1.0860 & above
GBP/USD: Price seeking to go Bullish. Target entries from 1.2910 & 1.2925 as a break below could lead to more Selling.
USD/CAD: Price currently in a Range at 1.3200 & 1.3270. A break above or below decides market direction for the week.
EUR/JPY: Bearish trend continues after major pulback. 121.30 - 120.40 is our entry zone & likely pullback region.
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