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Posted on Nov 01, 2020 at 10:14 PM
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The US Election Week is Here! See the Key Prices to Trade!

Finally, one of the biggest market-moving events in 2020 is here! This week, the United States Presidential Election will hold, and as we have seen over the past few weeks, the Dollar has been extremely volatile! We have done a technical analysis to show you the key prices to watch out for in the week! Check them out below:

EUR/USD: Still bearish. Watch out for more entries from 1.1680.

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BIAS: CONSOLIDATION/Bearish


GBP/USD: Ranging with a bearish breakout imminent from 1.2980/1.2900.

1604247926037

BIAS: CONSOLIDATION/Bearish


USD/CAD: Consolidation between 1.3280/1.3370. Trade the range & follow the breakout from these levels.

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BIAS: CONSOLIDATION/BREAKOUT

 

EUR/JPY: More bearish drop from 122.40/121.70

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BIAS: BEARISH.

The Best Way to Make Use of this Forecast is to Enter EARLY!

The earlier you get in, the better, you've got all the information you need to trade and earn this week. Click here to replenish your trading account and get into the market early!

Not Yet in the InstaFxNg Community?

Get in now to access the reward and support that you deserve! We won't just send you useful tips like this, you'll get to earn extra rewards as you trade the markets daily!

To become a member all you need to do is create your InstaForex account right here on InstaFxNg, Click here to get started now.

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

 


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