Weekly Market Forecast for EURUSD, GBPUSD, AUDUSD, XAUUSD, BTCUSD (March 1 – 5, 2021)

Watch the latest Weekly Forex Forecast to see how Justin Bennett is trading the EURUSD, GBPUSD, AUDUSD, XAUUSD, and BTCUSD through March 5, 2021. Watch this video before trading these currency pairs!

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Weekly Market Forecast for EURUSD, GBPUSD, AUDUSD, XAUUSD, BTCUSD (March 1 – 5, 2021)
https://bit.ly/380NPwD

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EURUSD Forecast
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The took a hard spill last week after testing 1.2200.

We had been tracking an inverse head and shoulders pattern, that did play out, at least for a couple of days.

However, the way EURUSD ended last week points to further losses.

Continue reading…
https://bit.ly/380NPwD

GBPUSD Forecast
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GBPUSD also suffered an aggressive pullback at the end of last week.

That move put the pair back inside a long-standing ascending channel.

At the moment, the 1.3900 area is serving as support.

AUDUSD Forecast
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Despite last week’s selloff, the AUDUSD performed extremely well immediately following the breakout earlier this month.

The break from this bull flag pattern was good for 270 pips.

That came to an abrupt end on Thursday.

Continue reading…
https://bit.ly/380NPwD

XAUUSD Forecast
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Gold (XAUUSD) has really struggled in recent months.

What looked like a bull flag late last year is quickly turning into a more substantial downtrend.

Unless XAUUSD finds support at $1,680 over the coming days, gold bulls may be in trouble.

BTCUSD Forecast
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Bitcoin (BTC) has struggled this past week.

But that isn’t a surprise. After all, the largest crypto by market cap enjoyed a 460% rally over five months.

Furthermore, we’ve seen this type of correction before.

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#EURUSD #GBPUSD #AUDUSD #XAUUSD #BTCUSD

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