March 6, 2021
Breaking News
  • Home
  • Forex News
  • Weekly Forex Forecast for EURUSD, GBPUSD, AUDUSD, GBPNZD, XAUUSD (November 30 – December 4, 2020)

Weekly Forex Forecast for EURUSD, GBPUSD, AUDUSD, GBPNZD, XAUUSD (November 30 – December 4, 2020)

By on December 21, 2020 0 30 Views
Recommended Links



Watch the latest Weekly Forex Forecast to see how Justin Bennett is trading the EURUSD, GBPUSD, AUDUSD, GBPNZD, and XAUUSD through December 4, 2020. Watch this video before trading these currency pairs!

RESOURCES & LINKS:
_____________________________________________

Become a YouTube channel member and receive 5-10 analysis videos each week!

Subscribe to Justin’s Channel Today:

Weekly Forex Forecast for EURUSD, GBPUSD, AUDUSD, GBPNZD, XAUUSD (November 30 – December 4, 2020)

Need help with your trading? Join DPA today!

Download Justin’s Forex Charting Platform:

_____________________________________________

EURUSD Forecast
_____________________________

The EURUSD is close to breaking out of a four-month range.

The area between 1.1615 support and 1.1970 resistance has been a key factor since September.

However, I’ve favored the euro higher for months.

Continue reading…

GBPUSD Forecast
_____________________________

GBPUSD buyers are trying their best to close the pair above the 1.3340 resistance area.

They managed to do so between Tuesday and Thursday last week, but Friday’s close casts some doubt over the breakout.

As I mentioned in today’s video, the weekly chart failed to close above 1.3340.

AUDUSD Forecast
_____________________________

I mentioned the potential for a higher AUDUSD on November 23rd.

In the Daily Price Action member’s video, I said that the 4-hour triangle pointed to a break above 0.7340.

Sure enough, AUDUSD broke above that level on the 24th.

Continue reading…

GBPNZD Forecast
_____________________________

I’ve been talking about a potential breakdown from GBPNZD since July.

I also mentioned it on November 12th.

The lower highs since August suggested that a break lower was imminent.

XAUUSD Forecast
_____________________________

Gold (XAUUSD) hasn’t performed well of late.

And that’s an understatement.

Since carving a 2020 high at 2075, gold has declined over 12%.

Continue reading…

Subscribe: to learn more Forex tips and strategies.
Get free Forex setups:
Read more on my blog:

#EURUSD #GBPUSD #AUDUSD #GBPNZD #XAUUSD

Disclaimer: Any Advice or information on this website is General Advice Only – It does not take into account your personal circumstances, please do not trade or invest based solely on this information. By Viewing any material or using the information within this site you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general advice provided here by Daily Price Action, its employees, directors or fellow members. Futures, options, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, spot forex, cfd’s, options or other financial products. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any material on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

High Risk Warning: Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.

Leave a comment

Your email address will not be published. Required fields are marked *