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Weekly Forex Trade Predictions February 10 – 14, 2020

By on July 16, 2020 0 30 Views
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For this week’s forex trade predictions, I feel that the U.S. Dollar will be dropping at least in the first half of the week and around Wednesday it will go back up. The opposite will hold true for other major pairs such as EURUSD, GBPUSD, and AUDUSD.

I think it will be best to trade off of the 30M chart and just watch your trendlines. You should be able to catch a lot of pips buying and selling both.

For high impact news, I do not expect any major volatility to occur, but to be safe, I recommend marking all dates and times on your personal calendar and setting reminders of when NOT to trade. You can view all dates and times at this location:

Here is my basic analysis of the major currency pairs…

EURUSD – Neutral
GBPUSD – Neutral
AUDUSD – Neutral (but more bullish)
USDCHF – Neutral
USDJPY – Neutral
USDCAD – Neutral

So basically, a lot of ranging markets. Make sure you look at either the 15 or 30M chart and confirm your trendlines!

Good luck trading this week. Please let me know if you have any questions or comments. I will be more than happy to answer any questions you may have.

Also, if you need me to analyze any other currency pair, feel free to reach out to me on Facebook and ask me my opinion. I only ask that you give me your analysis also. Thank you and God bless you!

You can contact me at either of the following…

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