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Posted on Jan 03, 2021 at 11:20 PM
Happy New Year To You! We hope you've come into the year with a plan to recover all that you missed in 2020 in pips and profits. To help you achieve this goal, we shall be providing 4 free analysis at the beginning of the week.
To get you started for this week, we have analyzed 4 of the most volatile pairs in the market, and to take advantage of them, you need to see the key direction and prices forecasted and plan your entry and exit for each of the following pairs:
EUR/USD: A pullback to 1.2240 before further Selling, otherwise a break above that price could indicate more bullish power.
GBP/USD: A reversal to 1.3600 will give a clear direction; a break below for further Sell or a bounce after the reversal to continue Buying.
1.2760/1.2740 is key pullback price to determine this pair direction; a break above will indicate Bullish reversal or a rebound will lead to further Selling.
EUR/JPY: 126.00 seems the key support level here. Let's watch a rebound up to 126.30/40; a break above says Price is bullish, or, break below leads to more Selling. Scalp this range & follow the Breakout.
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!
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SUPPORT & RESISTANCE: THE ADVANCED LEVEL.
If you do not know how to use support and resistance at the advanced level, then you should be at the first Traders’ Forum for the year 2021!
This Saturday, the 23 January 2021, we will be holding the first edition of our monthly Nigerian Traders' Forum webinar.
There are less than 8 seats left! Save your Free Seat before they are all taken.