Instaforex Nigeria | Weekly Market Forecast for Week 1, April 2021

Posted on Apr 05, 2021 at 10:53 AM
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Weekly Market Forecast for Week 1, April 2021

How would you like to start your April? With a big profitable bang, I suppose! We have analyzed 4 hot pairs that you should trade from this week! Check them out below:

EUR/USD: Bearish below 1.1745 & Bullish above 1.1775. Watch for breakouts from these levels for clear price directions.

Eur-Usd-April-5

BIAS: CONSOLIDATION/ Breakout.

GBP/USD: Bullish after a bounce from 1.3810. Could turn Bearish falling below 1.3790.

gbp-usd-April-5

BIAS: BULLISH/Breakout.

USD/CAD: Price is consolidating between 1.2600 & 1.2530 Scalp the range & follow breakouts in any direction.

USD-CAD-April-5

BIAS: CONSOLIDATION/ Bearish Reversal.

EUR/JPY: Still Bullish & rising. A drop below 129.90 says bearish.

EUR-JPY-April5

BIAS: CONSOLIDATION/ Bullish Continuation.

The Best Way to Make Use of this Forecast is to Enter NOW!

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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Weekly technical forecast from our analyst which you can use to earn 50-100 pips weekly.
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