Forex | Weekly Trade Ideas
Hello Traders! In this Forex Weekly Trade Ideas: The most significant events next week will be at the end of the trading week on Friday, where we have ECB President Lagarde Speaks, Services and Manufacturing PMI from Germany and France to then get EUR PMI. Also, we have Manufacturing PMI from the USA. DXY started a possible reversal move, so we are watching for a potential bearish continuation. Gold reversing higher after a break of support, and we are watching a retest and possible continuation to the downside. Crude oil, trading inside a range that looks ready for a possible bullish breakout. EURUSD tested the 61,8 Fibonacci and could start a bullish continuation move. GBPUSD we were looking for a bullish continuation after a strong impulsive bullish leg last week. USDJPY forecasting a bearish continuation after the head and shoulders pattern got confirmed and a break of the neckline. Also, in this video, NZDUSD, AUDUSD, USDCAD, USDCHF, and AUDNZD. The Ultimate Guide to Triangle Trading. How To Trade The Head And Shoulders Pattern.