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Weekly Forex Forecast for EURUSD, GBPUSD, USDJPY, NZDUSD, EURJPY (March 9 – 13, 2020)

By on May 29, 2020 0 38 Views
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Watch the latest Weekly Forex Forecast to see how Justin Bennett is trading the EURUSD, GBPUSD, USDJPY, NZDUSD, and EURJPY through March 13, 2020. Watch this video before trading these currency pairs!

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Weekly Forex Forecast for EURUSD, GBPUSD, USDJPY, NZDUSD, EURJPY (March 9 – 13, 2020)

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EURUSD Forecast
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The EURUSD confirmed a significant breakout last week.

We have discussed this descending channel that extends from the 2019 high dozens of times since last September.

It’s what caused me to get relatively bullish last October and bearish this past January.

Continue reading…

GBPUSD Forecast
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The GBPUSD is a bit of a mess.

That’s especially true when compared to other technically sound currency pairs like the EURUSD, USDJPY, or even NZDUSD.

Despite the levels on your GBPUSD chart, the fact is the pair is sideways.

USDJPY Forecast
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The USDJPY has played out beautifully for us.

And despite what some might say, the technicals are still very much intact here despite the recent increase in volatility.

I wrote about the potential USDJPY false break on February 25th.

Continue reading…

NZDUSD Forecast
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The NZDUSD is starting to look interesting.

On Friday, the pair managed a daily and weekly close back above the 0.6325 level.

Notice how 0.6325 has been a factor since last September.

EURJPY Forecast
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I discussed the EURJPY on Friday.

Given the recent strength from both the euro and the Japanese yen, it’s no surprise to see the EURJPY locked in a stalemate.

However, nothing lasts forever.

Continue reading…

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#EURUSD #GBPUSD #USDJPY #NZDUSD #EURJPY #Forex

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