Weekly Forex Forecast for EURUSD, GBPUSD, NZDUSD, GBPNZD, VETUSD (July 6 – 10, 2020)

Watch the latest Weekly Forex Forecast to see how Justin Bennett is trading the EURUSD, GBPUSD, NZDUSD, GBPNZD, and VETUSD through July 10, 2020. Watch this video before trading these currency pairs!

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Weekly Forex Forecast for EURUSD, GBPUSD, NZDUSD, GBPNZD, VETUSD (July 6 – 10, 2020)
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EURUSD Forecast
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The EURUSD looks primed for a breakout.

I mentioned this descending channel in last week’s forecast video.

Given the rally in late-May and early June, this channel could very well be a bull flag that sends EURUSD higher.

Continue reading…
setups/forex-forecast-july-6-10-2020/

GBPUSD Forecast
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GBPUSD bounced from the 1.2250 area last week.

If you saw last weekend’s forecast, you know that I was keeping an eye on the 1.2240 support region.

As of now, GBPUSD bulls need to secure a daily close above 1.2530 to expose higher levels.

NZDUSD Forecast
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I wrote about this NZDUSD false break on July 1st.

If you saw my earlier posts about NZDUSD, you know that I was waiting throughout the second half of June to see if this would lead to a false break.

Continue reading…
setups/forex-forecast-july-6-10-2020/

GBPNZD Forecast
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GBPNZD broke down from an ascending channel I wrote about on March 18th.

That breakout hit our target last week around 1.9000.

I also wrote about the 1.9400 resistance level on June 19th.

VETUSD Forecast
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I first wrote about VeChain (VETUSD) on June 26th.

It’s one of my long-term plays based on the fundamentals similar to that of Bitcoin and Ethereum.

VeChain was and still is undervalued, in my opinion.

Continue reading…
setups/forex-forecast-july-6-10-2020/

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#EURUSD #GBPUSD #NZDUSD #GBPNZD #VETUSD #VeChain

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