Weekly Market Forecast for EURUSD, GBPUSD, AUDUSD, BTCUSD, ETHUSD (February 8 – 12, 2021)

Watch the latest Weekly Forex Forecast to see how Justin Bennett is trading the EURUSD, GBPUSD, AUDUSD, BTCUSD, and ETHUSD through February 12, 2021. Watch this video before trading these currency pairs!

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Weekly Market Forecast for EURUSD, GBPUSD, AUDUSD, XAGUSD, ETHUSD (February 1 – 5, 2021)
https://bit.ly/3rqGrSs

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EURUSD Forecast
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The EURUSD may have confirmed a false break last week.

I told Daily Price Action members recently that any close below the 1.2000 area isn’t something I would short.

EURUSD has been trending higher since early last year, which means any shorts are counter-trend.

Continue reading…
https://bit.ly/3rqGrSs

GBPUSD Forecast
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GBPUSD may have broken out on Friday.

I’ve said for a while now that the pound needs to get above 1.3700 on the weekly time frame to secure the break.

However, Friday’s close was marginally above 1.3700.

AUDUSD Forecast
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I mentioned this descending channel (aka bull flag) on AUDUSD last weekend.

In that video, I said the area around 0.7580 should serve as support.

Sure enough, AUDUSD hit a low of 0.7563 last week before bouncing 90 pips on Friday.

Continue reading…
https://bit.ly/3rqGrSs

BTCUSD Forecast
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Bitcoin (BTCUSD) has spent the last month or so consolidating.

Since reaching $42,000 in early January, Bitcoin has carved a massive bull flag pattern.

The cryptocurrency broke out from this structure on February 3rd, and retested former resistance as new support on the 4th.

ETHUSD Forecast
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Ethereum (ETHUSD) made history last week, breaking above its previous all-time high near $1,440.

That should have come as no surprise to frequent visitors of this site.

I’ve discussed the huge potential of Ethereum since the middle of 2020 when ETHUSD was trading just above $200.

Continue reading…
https://bit.ly/3rqGrSs

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#EURUSD #GBPUSD #AUDUSD #BTCUSD #ETHUSD

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