Weekly Forex Forecast for EURUSD, GBPUSD, AUDUSD, GBPNZD, VETUSD (November 16 – 20, 2020)

Watch the latest Weekly Forex Forecast to see how Justin Bennett is trading the EURUSD, GBPUSD, AUDUSD, GBPNZD, and VETUSD through November 20, 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, AUDUSD, GBPNZD, VETUSD (November 16 – 20, 2020)
https://bit.ly/2IC2hSg

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
_____________________________

EURUSD continues to churn within a sideways range.

Key support comes in at 1.1615 with resistance coming in near 1.1970.

There isn’t much to do here until the EURUSD breaks free from this range.

Continue reading…
https://bit.ly/2IC2hSg

GBPUSD Forecast
_____________________________

Similar to EURUSD, GBPUSD has been consolidating for months.

In the case of the pound, it’s consolidating between the May trend line support and the top of a falling wedge.

That upper level extends from the 2007 high and helps to form a pattern that could send GBPUSD higher in 2021.

AUDUSDForecast
_____________________________

I wrote about this AUDUSD breakout on November 3rd.

The pair was breaking out of a short term descending trend line.

AUDUSD managed to close above that trend line as well as the 0.7230 horizontal level.

Continue reading…
https://bit.ly/2IC2hSg

GBPNZD Forecast
_____________________________

I wrote about the potential for GBPNZD to trend lower on October 26th.

We were watching how the pair reacted to the bottom of a long-standing ascending channel.

VETUSD Forecast
_____________________________

VETUSD, which is VeChain’s native token, may have broken out of a long standing falling wedge last week.

However, so far, we aren’t seeing much bullish momentum.

Continue reading…
https://bit.ly/2IC2hSg

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 #USDJPY #NZDUSD #XAUUSD

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.

[ad_1]

source
[ad_2]