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Weekly Forex Forecast for EURUSD, GBPUSD, NZDUSD, XAUUSD, BTCUSD (May 11 – 15, 2020)

By on May 29, 2020 0 22 Views
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Watch the latest Weekly Forex Forecast to see how Justin Bennett is trading the EURUSD, GBPUSD, NZDUSD, XAUUSD, and BTCUSD through May 15, 2020. Watch this video before trading these currency pairs!

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Weekly Forex Forecast for EURUSD, GBPUSD, NZDUSD, XAUUSD, BTCUSD (May 11 – 15, 2020)

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EURUSD Forecast
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The EURUSD played out perfectly for myself and DPA members last week.

I went short on May 1st when the euro was trading at 1.10, an entry I announced in the member’s area at the time.

Many took profit last week below 1.0800 based on the 4-hour wedge below as this pattern was on my radar well before Thursday’s session.

Continue reading…

GBPUSD Forecast
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The theme for this week’s forecast is consolidation in the form of wedge patterns, and GBPUSD is no exception.

I discussed both of these levels last week.

NZDUSD Forecast
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I’ve discussed the 0.6200 confluence of resistance for NZDUSD for over a month now.

It’s been a slow grind higher, but it appears we may finally get a retest of the 0.6200/50 region next week.

Continue reading…

XAUUSD Forecast
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XAUUSD (gold) is another market that is moving within a wedge pattern.

It seems the market is digesting the aggressive snap-back in price between mid-March and April.

So, will it break higher?

BTCUSD Forecast
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BTCUSD (Bitcoin) is something I discussed last week.

I’ve also been telling DPA members since April 12th that I have been buying Bitcoin every day, something I’m still doing now.

The price of BTCUSD was below 7,000 when I first announced that, so things are going according to plan so far.

Continue reading…

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#EURUSD #GBPUSD #NZDUSD #XAUUSD #BTCUSD #Forex

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