Watch the latest Weekly Forex Forecast to see how Justin Bennett is trading the EURUSD, GBPUSD, NZDUSD, GBPNZD, and XAUUSD through September 18, 2020. Watch this video before trading these currency pairs!
RESOURCES & LINKS:
_____________________________________________
Become a YouTube channel member and receive 5-10 analysis videos each week!
http://bit.ly/2PKnKJD
Subscribe to Justin’s Channel Today:
http://bit.ly/2lTRJCh
Weekly Forex Forecast for EURUSD, GBPUSD, NZDUSD, GBPNZD, XAUUSD (September 14 – 18, 2020)
https://dailypriceaction.com/setups/forex-forecast-september-14-18-2020/
Need help with your trading? Join DPA today!
https://swingtrading.dailypriceaction.com/lifetime-membership
Download Justin’s Forex Charting Platform:
https://www.blueberrymarkets.com/lp/dailypriceaction
_____________________________________________
EURUSD Forecast
_____________________________
The EURUSD hasn’t changed much lately.
The pair is still consolidating between 1.1700 support and the 1.1960 resistance area.
However, this is all the more reason to stay cautiously bullish, in my opinion.
Continue reading…
https://dailypriceaction.com/setups/forex-forecast-september-14-18-2020/
GBPUSD Forecast
_____________________________
The GBPUSD has worked out nicely for those who got short following the September 7th close below trend line support.
I mentioned the potential for this breakdown two weekends ago.
You can also see where the pound closed below the March trend line last week.
NZDUSD Forecast
_____________________________
I mentioned this rising wedge on NZDUSD last week.
You can see how the pair has held above support since then.
A close below 0.6640 would suggest weakness and expose the next key support at 0.6500.
Continue reading…
https://dailypriceaction.com/setups/forex-forecast-september-14-18-2020/
GBPNZD Forecast
_____________________________
I wrote about this GBPNZD ascending channel on July 22nd.
The pair was testing channel support, and I mentioned that a breakdown looked imminent.
But the pair bounced from channel support instead.
XAUUSD Forecast
_____________________________
Gold (XAUUSD) has been consolidating since early August.
The pullback from 2075 took XAUUSD back to 1900, which was the metal’s previous all-time high.
However, the price action since then has continued to look constructive.
Continue reading…
https://dailypriceaction.com/setups/forex-forecast-september-14-18-2020/
Subscribe: http://bit.ly/2lTRJCh to learn more Forex tips and strategies.
Get free Forex setups: https://dailypriceaction.com/setups
Read more on my blog: https://dailypriceaction.com/blog
#EURUSD #GBPUSD #NZDUSD #GBPNZD #XAUUSD #Forex
Disclaimer: Any Advice or information on this website is General Advice Only – It does not take into account your personal circumstances, please do not trade or invest based solely on this information. By Viewing any material or using the information within this site you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general advice provided here by Daily Price Action, its employees, directors or fellow members. Futures, options, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, spot forex, cfd’s, options or other financial products. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any material on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.
High Risk Warning: Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.