Weekly forecast of the major forex pairs week 35 2020


A new weekly video is out. Below are some images showing the pattern and trades that I talk about in the video.

DXY


False break
False break

EURUSD

I am reversing the position on my EURUSD trade. I moved up my stop on the short position and place the TP at the entry. Depending on how the market moves I will be out at break-even or at a loss of about -0.7 R. If the price then moves on a little bit further I will be triggered into a short position.
Reversing position on the EURUSD
Reversing position on the EURUSD

AUDUSD

Reversing position the same as on EURUSD.
AUDUSD
AUDUSD

Gold

I will be reentering long-on Gold after being stopped out last week.


Good luck trading this week.

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