Watch the latest Weekly Forex Forecast to see how Justin Bennett is trading the EURUSD, GBPUSD, USDJPY, AUDUSD, and XAUUSD through May 1, 2020. Watch this video before trading these currency pairs!
RESOURCES & LINKS:
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Become a YouTube channel member and receive 5-10 analysis videos each week!
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Subscribe to Justin’s Channel Today:
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(Video) Weekly Forex Forecast for EURUSD, GBPUSD, USDJPY, AUDUSD, XAUUSD (April 27 – May 1, 2020)
setups/forex-forecast-april-27-may-1-2020/
Need help with your trading? Join DPA today!
lifetime-membership
Download Justin’s Forex Charting Platform:
lp/dailypriceaction
_____________________________________________
EURUSD Forecast
_____________________________
The EURUSD edged lower last week but managed to close above the twenty-year trend line from the 2000 lows.
I’ve discussed this pattern several times in recent weeks.
Continue reading…
setups/forex-forecast-april-27-may-1-2020/
GBPUSD Forecast
_____________________________
After several weeks of indecision, the GBPUSD is finally starting to look attractive.
It doesn’t date back as far as I’d like, but the potential for a head and shoulders reversal does exist.
I highlighted this pattern in the member forums last week as well.
USDJPY Forecast
_____________________________
If you saw last week’s forecast, you’ve seen the monthly chart below.
Some may see it as a long shot, but the fact is that markets move thousands of pips all the time.
Continue reading…
setups/forex-forecast-april-27-may-1-2020/
AUDUSD Forecast
_____________________________
The AUDUSD managed to climb higher last week after some initial weakness.
I wrote about the rising wedge here on April 20th.
XAUUSD Forecast
_____________________________
XAUUSD (gold) played out perfectly for Daily Price Action members last week.
In that video, I discussed a short-term trend line from the March 9th high, which intersected with last week’s price action at 1659.
I talk about this in the video above.
Continue reading…
setups/forex-forecast-april-27-may-1-2020/
Subscribe: 2lTRJCh to learn more Forex tips and strategies.
Get free Forex setups: setups
Read more on my blog: blog
#EURUSD #GBPUSD #USDJPY #AUDUSD #XAUUSD #Forex
Disclaimer: Any Advice or information on this website is General Advice Only - It does not take into account your personal circumstances, please do not trade or invest based solely on this information. By Viewing any material or using the information within this site you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general advice provided here by Daily Price Action, its employees, directors or fellow members. Futures, options, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, spot forex, cfd's, options or other financial products. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any material on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.
High Risk Warning: Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.
RESOURCES & LINKS:
_____________________________________________
Become a YouTube channel member and receive 5-10 analysis videos each week!
2PKnKJD
Subscribe to Justin’s Channel Today:
2lTRJCh
(Video) Weekly Forex Forecast for EURUSD, GBPUSD, USDJPY, AUDUSD, XAUUSD (April 27 – May 1, 2020)
setups/forex-forecast-april-27-may-1-2020/
Need help with your trading? Join DPA today!
lifetime-membership
Download Justin’s Forex Charting Platform:
lp/dailypriceaction
_____________________________________________
EURUSD Forecast
_____________________________
The EURUSD edged lower last week but managed to close above the twenty-year trend line from the 2000 lows.
I’ve discussed this pattern several times in recent weeks.
Continue reading…
setups/forex-forecast-april-27-may-1-2020/
GBPUSD Forecast
_____________________________
After several weeks of indecision, the GBPUSD is finally starting to look attractive.
It doesn’t date back as far as I’d like, but the potential for a head and shoulders reversal does exist.
I highlighted this pattern in the member forums last week as well.
USDJPY Forecast
_____________________________
If you saw last week’s forecast, you’ve seen the monthly chart below.
Some may see it as a long shot, but the fact is that markets move thousands of pips all the time.
Continue reading…
setups/forex-forecast-april-27-may-1-2020/
AUDUSD Forecast
_____________________________
The AUDUSD managed to climb higher last week after some initial weakness.
I wrote about the rising wedge here on April 20th.
XAUUSD Forecast
_____________________________
XAUUSD (gold) played out perfectly for Daily Price Action members last week.
In that video, I discussed a short-term trend line from the March 9th high, which intersected with last week’s price action at 1659.
I talk about this in the video above.
Continue reading…
setups/forex-forecast-april-27-may-1-2020/
Subscribe: 2lTRJCh to learn more Forex tips and strategies.
Get free Forex setups: setups
Read more on my blog: blog
#EURUSD #GBPUSD #USDJPY #AUDUSD #XAUUSD #Forex
Disclaimer: Any Advice or information on this website is General Advice Only - It does not take into account your personal circumstances, please do not trade or invest based solely on this information. By Viewing any material or using the information within this site you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general advice provided here by Daily Price Action, its employees, directors or fellow members. Futures, options, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, spot forex, cfd's, options or other financial products. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any material on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.
High Risk Warning: Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.
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