Forex market forecast for a week with trade recommendations

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Forex market forecast for a week with trade recommendations 9132_1

EUR / USD: The first 3 trading days fought for a strong level of 1.2075 and the rising trend line, massive false breakdowns, and by the end of the week the sellers were still able to break through and consolidate below the trend and below 1.2075-1930, this was facilitated by the overall strengthening of USD for all assets + News background. At the beginning of the trading week I expect the backstage test of the level 1.1930 upward, and if there are false breakdowns with care level, then we will go to the lower support in the area 1.1850-1.1770. Trading Recommendation Sell Limit 1.1930 / 1.1960 C Holding to 1.1770.

GBP / USD: According to this instrument, trend and strong levels down 1.3900-1.3850 were also pierced. Judging by the overall background of the American dollar, and the fact that strong levels were punched + trend, we can conclude that at the beginning of the week we will return to 1.3850-1.3900, we will make the return test level, and, if there are levels, we will decrease by 1.3710-1.3660 . Trading Recommendation Sell Limit 1.3900 with retention to 1.3710-1.3660.

USD / CHF: After a breakdown of 0.9110-0.9180, we have been going up and in the end of the trading week above 0.9290, and the week is closed above this level. At the beginning of the trading week I expect the return test of 0.9280-0.9245, and if the tests of these levels turn out to be false, then we will go trend to 0.9380 - 0.9430 - 0.9500. Alternative: a deeper correction to 0.9180, and from there already with new forces along the trend up. Trade Recommendation: BUY LIMIT 0.9180 C Holding to 0.9380

USD / CAD: Tested a strong level 1.2700 again, but again it stood, and the test test was false, and the trading week closes below 1.2700 and below 1.2660. At the beginning of the trading week I expect the test 1.2700 and the trend line, which just passes through this level, which makes it even stronger, and, if the level is represented again, then we will go below to 1.2600, and the breakdown and fastening below this level will open the path 1.2500 - 1.2450 - 1.2400. Trading Recommendation Sell Limit 1.2700 with Holding to 1.2500-1.2400

USD / JPY: 2 weeks we go up almost unconditionally, breaking through above 107.10 - 107.60. Considering the background of the USD and a downward trend layer, at the beginning of the trading week I expect the correction and test of the level 107.6 down, and if the reverse test of the level is false, then we will go further along the trend to 108.65 - 109.20 - 109.60. Trade Recommendation BUY LIMIT 107.60 With Holding to 109.60.

AUD / USD: No exception and Australian, as in other assets, we observe a strong strengthening of USD, made it below 0.7800 - 0.7745, made a blow at 0.7625, and the day closes above this level. At the beginning of the trading week I expect the return test of the level of 0.7745 upward, and if the level states, then we will go back to the test 0.6625, and the breakdown and fastening below the level will open the path to 0.7530. The best solution will be 1-3 trading days and only then enter the transaction.

USD / RUB: After the level of level 73.50 down, a deep false breakdown, went to the ascending correction, but made it almost without volumes and volatility. At the beginning of the trading week I expect a level of level 73.50 down again, and if the level is permanent, then we will go up to 74.40 - 75.50 - 76.00. Trading Recommendation: BUY LIMIT 73.50 With Leading to 75.50-76.00

BTC / USD: 2nd week We test support for 48250 down, but all tests are false, thereby make it clear that a large player does not wait for a deeper asset correction, even considering the general USD background. At the beginning of the week I expect the test 48250 down again, and if the level is again the level, then we will go to 52000-58800. BUY LIMIT 48250 trading recommendation with retention up to 58800.

XAU / USD: At the beginning of the month there made themselves below the strong level of 1724, they made a reverse level of the level, it turned out to be false, and went down the trend down, breaking up at the end of the week below 1710, tested the level of 1700, and the trading week is closed above this level. Friday's double impression, I consider 2 options: 1. Updating correction from level 1700, up to 1724. 2. The trend is up to 1680, and from there is an upward correction to 1724. Trade recommendation BUY LIMIT 1680 with retention up to 1724.

Brent: The last forecast was completely worked: after the support test 63.10 went down the Trend Trend + OPEC + Meeting was perfect for the market, which gave oil another impetus to growth, breaking above 66.45-67.00. At the beginning of the week, I expect a downward correction to 66.45, and from there the continuation of the trend to 70.00, and the breakdown and the fixation above will give a signal to growth up to 75.00. Trade recommendation BUY LIMIT 66.45 with hold up to 75.00

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