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Weekly Forex Forecast for EURUSD, GBPUSD, NZDUSD, EURGBP, GBPCAD (February 10 – 14, 2020)

By on July 9, 2020 0 47 Views
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Watch the latest Weekly Forex Forecast to see how Justin Bennett is trading the EURUSD, GBPUSD, NZDUSD, EURGBP, and GBPCAD through February 14, 2020. Watch this video before trading these currency pairs!

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Weekly Forex Forecast for EURUSD, GBPUSD, NZDUSD, EURGBP, GBPCAD (February 10 – 14, 2020)

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EURUSD Forecast
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Last weekend, I discussed the significance of Monday’s open.

Because the January 31st rally occurred on a Friday, and at the end of a month, I wanted to see how Monday opened before making a decision.

More specifically, I stated that a gap down would signal weakness.

Continue reading…

GBPUSD Forecast
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GBPUSD played out perfectly for us last week.

I wrote about the potential for a breakdown on February 3rd and again on the 5th.

On Wednesday, I announced my short position from 1.3044 in the member’s area.

NZDUSD Forecast
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I wrote about NZDUSD on February 7th.

In that post, I discussed how a daily close below 0.6435 would expose the next key support at 0.6320 this week.

The NZDUSD closed below 0.6435 on Friday.

Continue reading…

EURGBP Forecast
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The EURGBP has been my most controversial idea so far in 2020.

I wrote about a potential bottom here on January 31st.

At the time, the EURGBP was trading near 0.8390 or about 100 pips below Friday’s closing price.

GBPCAD Forecast
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The GBPCAD boasts what is arguably the best-looking chart this week.

I discussed the pair’s counterpart (EURCAD) on Thursday, noting how the 1.4600/30 area would likely serve as new resistance following the recent false break.

The EURCAD reached a high of 1.4613 on Friday before sliding 60 pips lower.

Continue reading…

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#EURUSD #GBPUSD #NZDUSD #EURGBP #GBPCAD #Forex

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