All Blog Post

Posted on Nov 01, 2021 at 02:16 AM
Views: 7319

Share on social media:

Weekly Market Forecast for Week 1, November 2021

Yay, November is here! Brace up because it's time to make more money like you never did in the month of October. We've been to the Forex market and have done our assignment on the 4 major pairs to trade for profits this week. Check them out, complete your analysis and apply them to your trades early before they become stale. Enjoy!

EUR/USD: The month ended bearish so we may see some more down move. However, expect reversal to 1.1575 before further price drop or Bullish moves above 1.1590.

IFX_EURUSD_10_31

BIAS: RANGING/Likely Bearish


GBP/USD: Still dropping, watch out for reversal to 1.3715 before further sells. But a rise above 1.3740 bring the Bulls back.

IFX_GBPUSD_10_31

BIAS: RANGING/Likely Bullish


USD/CAD: A string caddie wants to go down but the USD won't, so still ranging between 1.2400 resistance & 1.2330.

IFX_USDCAD_10_31

BIAS: CONSOLIDATION/Likely Bearish


EUR/JPY: Large consolidation while still dropping. Sell only when price drops from 131.80 and trade the range from 132.70

IFX_EURJPY_10_31

BIAS: BEARISH/Possible Consolidation


That's not all! We've got a variety of other trade tools to help you smash your profit goals this week. Get in now to access:

  • Weekly Technical Forecasts from our Analyst to earn you 50-100 pips weekly.
  • Weekly Pending Orders to help preset your trades and seize decent profits once the market triggers! 
  • 85% accurate Intra-day Signals worth 50-100 pips delivered straight to your WhatsApp.  
  • Free access to a Live Trading Session with the Analyst! In this session, you will get the chance to analyze fast-moving currency pairs, trade and make between 30-100 pips in real-time.

What are you waiting for? Click here to request access for free!


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 also 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 right away.


Share on social media:


Latest News