Weekly Market Forecast for EURUSD, GBPUSD, GBPJPY, XAUUSD, BTCUSD (March 8 – 12, 2021)

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

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Weekly Market Forecast for EURUSD, GBPUSD, GBPJPY, XAUUSD, BTCUSD (March 8 – 12, 2021)
https://bit.ly/3eeqMm4

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EURUSD Forecast
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The EURUSD saw a significant rejection last week from a level I mentioned in the previous weekly forecast.

Monday’s close below the 1.2070 channel support meant that the 1.2070/80 region was likely to serve as resistance.

Continue reading…
https://bit.ly/3eeqMm4

GBPUSD Forecast
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GBPUSD is another one that played out nicely last week.

In the previous forecast, I mentioned that the pound looked weak, and appeared ready for a move below 1.3900.

We got that move on Friday.

GBPJPY Forecast
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GBPJPY has played out incredibly well since my February 5th post.

In that commentary, I explained how the pair could be ready for a 500-pip run.

GBPJPY was up over 600 pips at last week’s high.

Continue reading…
https://bit.ly/3eeqMm4

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

The same can be said for silver.

If gold is going to move higher in the near-term, it’s likely to happen around the $1,680 area.

BTCUSD Forecast
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BTCUSD (Bitcoin) has struggled to find its footing since coming off an all-time high near $58,000.

However, this correction wasn’t a surprise.

It occurred following a 100% run, similar to the January correction.

Continue reading…
https://bit.ly/3eeqMm4

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Read more on my blog: https://dailypriceaction.com/blog

#EURUSD #GBPUSD #GBPJPY #XAUUSD #BTCUSD

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