FREE Weekly Forecast for 19th-23rd Feb. 2018

 




Hello Guys;

Last week we saw a lot of drama on the market especially with pairs that have the USD on it.

For the week (19th– 23rd February 2017) we will examine just 3 pairs, you join our telegram group by clicking HERE to get more information on other pairs.

USDJPY

Like I said, last week has been quite a hectic week on some pairs but on the USDJPY we saw the pairs taking full control. Price fell from 108.877 to 105.522 which is a fall of 335 pips. Pictures below.

USDJPY




Just on Friday last week, we can see that the bulls have finally waken up and are giving us a bullish hope, I see the bulls pushing up price to 108.249 and above

FORECAST=BUY

You can see pictures of the 1hr, 4hr and 1D chart blow.

USDJPY 1 hour chart
USDJPY 1 hour chart




 

USDJPY 4hr Chart
USDJPY 4hr Chart




 

USDJPY Daily
USDJPY Daily




 

GBPUSD

This pair also took the up side serious, having a gain of 438+ pips. I think it might give up some of it gains this week.

GBPUSD
GBPUSD




The last candle stick on Friday rejected the 1.41338 zone which acted as a resistance. But, I see this pair ranging from next week or it can retest that resistance.

FORECAST=RANGING

You can see pictures of the 1hr, 4hr and 1D chart blow.

GBPUSD 1hr chart
GBPUSD 1hr chart

 

GBPUSD 4hr chart
GBPUSD 4hr chart




 

GBPUSD daily
GBPUSD daily




 

GOLD

Even gold wasn’t left out in this USD RUSH. It also gained quite a lot last week, but the resistance at 1350.35 held, I see a sell looming this week for GOLD

GOLD
GOLD




 

FORECASTE=SELL

You can see pictures of the 1hr, 4hr and 1D chart blow.

GOLD 1hr Chart
GOLD 1hr Chart




 

GOLD Daily
GOLD Daily




 

GOLD 4hr Chart
GOLD 4hr Chart




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So in general, what we are expecting this week is:

USDJPY ……..BUY

GBPUSD…….RANGING

GOLD……SELL

 




 

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