R.Linda Trading - forecast

Brief overview and determination of FOREX direction

FOREX forecast
Brief overview and determination of FOREX direction

1) #EURUSD 🇪🇺/🇺🇸 - LONG 📈

The bullish leverage is based on fundamentals. The weakening dollar is yielding to the Euro. The price growth will continue after consolidation above 1.08874 or at retest of 1.08315

2) #GBPUSD 🇬🇧/🇺🇸 - LONG 📈

The market changes direction, the price breaks through 1.24454, the subsequent consolidation of the price above this level will form a signal and a bullish potential

3) #USDJPY 🇺🇸/🇯🇵 - SHORT 📉

The Japanese continue to make attempts to strengthen the national currency, the weakening of the dollar is to their advantage. Consolidation below 149.7 will form a retest of the support, which will lead to a fall.

4) #NZDUSD 🇳🇿/🇺🇸 - LONG 📈

The market is going to grow, but still in the consolidation phase.

The price consolidation above 0.5985 may help to break through 0.60486 and further growth.

5) #USDCHF 🇺🇸/🇨🇭 - SHORT 📉

The currency pair is weakening on the background of DXY decline. A retest of 0.88324 will form a chance to break the support and further fall, which I am waiting for.

6) #USDCAD 🇺🇸/🇨🇦 - SHORT 📉

consolidation in the format of a symmetrical triangle, but strong resistance appears on the market, which does not let the price up.I am waiting for a breakout of 1.3694 and a fall.

7) #XAUUSD 👑 - LONG 📈

I suggest you read again the previously written analysis. the gold market may rise on a breakout of 1984.

8) #DXY 💲 (Dollar) - SHORT 📉

Fundamentally, the dollar is ready to decline, which will have a corresponding effect on the forex market.


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