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Posted on Sep 27, 2021 at 11:50 AM
What's a good way to end September? With an extra 500 pips of course! Once again, we have done the analysis so that you don't have to spend hours doing it. Check out the key prices to trade for 50 pips each this week below:
EUR/USD: A lot of consolidation last week & may continue this week. Resistance stands on 1.1750 & only a break above will bring the bulls back. While support stays at 1.1685 with a "W" pattern forming
GBP/USD: Ranging now, may sell further to 1.3610. A rise above 1.3720 will get the bulls on.
USD/CAD: Standing solid again on the 1.2640 support. But if price rises above 1.2690 while we watch for a bearish breakout below support.
EUR/JPY: Massive recovery & now at 129.75 support. Price should pull back to 129.60 before further rise up else, a drop below 129.45 gets the Bears back.
BIAS: BULLISH/Bearish Pullback.
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