Weekly FX Forecast

We will be quick and straight to the point this week. Here are the 3 Forex Pairs Forecast:

EURUSD

-Currently trading below the 100MA.

-Twice breaking a strong support at 1.17483

-This week we move to break that support and go short to daily support of 1.16346

See Here

CADJPY

-Last forecast we predicted a bullish CADJPY move and it moved more than 141 pips.

-Breaking the previous high of 88.106

-Though the pair is still above the 100MA, structure is preping to form a nice double-top formation and would see a 176+ pip move

See Here

GBPJPY

-This pair must be high on Red Bull coz it's been moving like it has wings!

-Since the retest of the 100MA in December 16th 2020, the pair has been on the up.

- Last week it closed above the long term daily chart resistance level of 152.971, this gave confluence to the train of thought that the bulls are still in command.

-The next high we aim to break is 156.971

See Here

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