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Posted on Oct 24, 2021 at 10:12 PM
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Weekly Market Forecast for Week 4, October 2021

Another money-making week is here, get in fast to access this week's forecast on major pairs worth 200 pips! Don't wait, trade and earn now while the analysis is still valid!

 

EUR/USD: The pair is currently consolidating. New support at 1.1630 and a break below 1.1620 may result in further sells. Only a move above 1.1650 will lead to a bullish push. See chart for more details.

IFX_EURUSD_10_24

 

BIAS: Ranging/Likely Bearish


GBP/USD: The Cable Pair is currently caught in a range from 1.3810 to 1.3740. Scalp the range and follow price breakouts from these levels.

IFX_GBPUSD_10_24

BIAS: Ranging/Likely Bullish


USD/CAD: There is currently a massive consolidation between 1.2390 and 1.2320. Trade the range and follow breakouts from these levels.

IFX_USDCAD_10_24

BIAS: Consolidation/Likely Bearish


EUR/JPY: The pair is slowly reversing now with a slightly stronger JPY-Yen. Price may pullback to 132.30 before a further drop to 131.60/131.30 support levels.

IFX_EURJPY_10_24

BIAS: Bearish/Possible Consolidation


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