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Posted on May 17, 2020 at 10:24 PM
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Weekly Technical Forecast for 18th-22nd May.

Find out how to stack up your profit on 4 major Forex pairs this week! We have analysed them for you and all you need to do is position yourself to take as much profit as you want!

Looking to optimize your profit this week? Take a look at the pairs below:

GBP/USD: The GBP entered an unexpected recession that led to the bearish run. No support will hold until the fundamentals stabilize so we join the bears. Enter at will.

gbp-usd-may-wk3

BIAS: BEARISH.


EUR/USD: This pair is trapped in a wide consolidation with a slightly bearish pull. However, you can trade the range between 1.0850 and 1.0780.

eur-usd-may-wk3

BIAS: CONSOLIDATION/ BEARISH


USD/CAD: The US Dollar is on steroids for the Bulls. Join the Buy from 1.4090.

usd-cad-may-wk3

BIAS: BULLISH


EUR/JPY: A steady rise was observed on this pair. Watch to enter a Buy after a pullback to 115.60 with your target set at 116.40.

eur-jpy-May-wk3

BIAS: BULLISH.

 

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Got any questions on the forecast or our services? Be sure to leave them in the comment below.

 

 


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  • OLUCHI OKOLI
      May 18, 2020 at 03:09 AM

    I subscribed for forex news, the link you sent to me I could not access it

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  • FRIDAY SAMUEL
      May 21, 2020 at 07:08 AM

    Good morning. After opening the account what else am my expected to do?

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