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Posted on Dec 06, 2020 at 09:32 PM
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Weekly Market Forecast for 6th-11th December 2020

Have you figured out the pairs that you would trade this week? For you, we have analysed 4 Forex major pairs and highlighted the key prices to trade, check them out below.

EUR/USD: 1.2100 is key price zone. Watch the breakout & follow price from there.

BIAS: CONSOLIDATION/Bullish.


GBP/USD: A pullback to 1.3410 should likely give a clear direction. Again, watch the breakout & follow price.

578C6700-A910-4A46-86C0-94BBAED49502

BIAS: CONSOLIDATION/Breakout.


USD/CAD: And price fell indeed. More downside to go.

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BIAS: CONSOLIDATION/Bearish.


EUR/JPY:
126.60/126.05 is key price Zone. Trade the breakout from these levels & scalp the consolidation.

 558E511D-6D2A-4BC4-9037-E44060611117

BIAS: CONSOLIDATION/ Breakout.

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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Previous Comments

  • FELIX AHUZI CHILAKA
      Dec 07, 2020 at 03:25 PM

    Ok

    Reply

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