Weekly Forex Forecast for EURUSD, GBPUSD, NZDUSD, ETHUSD, VETUSD (November 23 – 27, 2020)

Watch the latest Weekly Forex Forecast to see how Justin Bennett is trading the EURUSD, GBPUSD, NZDUSD, ETHUSD, and VETUSD through November 27, 2020. Watch this video before trading these currency pairs!

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Weekly Forex Forecast for EURUSD, GBPUSD, NZDUSD, ETHUSD, VETUSD (November 23 – 27, 2020)
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EURUSD Forecast
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Not much has changed for the EURUSD since last week’s forecast.

The pair continues to consolidate in a sideways range between 1.1615 support and 1.1970 resistance.

Until the pair breaks this range, there isn’t much to do here.

Continue reading…
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GBPUSD Forecast
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GBPUSD could be on the verge of a massive bull run.

I wrote about the twenty-year falling wedge on October 29th.

The structure above hints at a bullish reversal for the pound.

NZDUSD Forecast
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I wrote about the potential for NZDUSD to move above 0.6800 on October 27th.

I liked the idea of a move higher because of the uptrend on the daily chart and what was occurring on the monthly time frame.

For now, 0.6940 remains resistance, with a daily close above that opening the door to 0.7160.

Continue reading…
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ETHUSD Forecast
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I first wrote about Ethereum (ETHUSD) on June 4th.

At the time, the cryptocurrency was trading at $243.

Since then, Ethereum has gained 123%, and is currently trading at $541.

VETUSD Forecast
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VeChain (VETUSD) is another crypto that I’ve been holding since earlier in the year.

I was initially buying during the June consolidation near 0.008.

I’ve added to that position every week since 0.023.

Continue reading…
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#EURUSD #GBPUSD #NZDUSD #ETHUSD #VETUSD

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