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Posted on May 10, 2021 at 01:51 AM
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4 Key Trends To Trade This Week (9th-14th May)

Let's do a quick analysis on the 4 key trends for this week and the prices you can get in for profitable trades that can earn you between 50-200 pips!

EUR/USD

Possible reversal to 1.2130 before a further bullish move. Only a break below 1.2080 will return bearish power.

EUR-USD-MAYWK2

BIAS: BULLISH.


GBP/USD


Pull back to 1.3960 before a further bullish run. A drop below 1.3920 signals the return of the Bears.

GBP-USD-Maywk2

BIAS: BULLISH.

USD/CAD

Heavy Bearish momentum here. We follow price for another 100 pips down after a likely pullback to 1.2185.

USD-CAD-MAYWK2

BIAS: BEARISH.

EUR/JPY

Huge consolidation forming between 132.05 & 131.20. Trade these levels & watch for a break above 132.20 for bullish power.

EUR-JpY-MAYwk2

BIAS: CONSOLIDATION/ Bullish.

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