Weekly Forex Forecast for EURUSD, GBPUSD, USDJPY, XAUUSD, VETUSD (January 18 – 22, 2021)

Watch the latest Weekly Forex Forecast to see how Justin Bennett is trading the EURUSD, GBPUSD, USDJPY, XAUUSD, and VETUSDthrough January 22, 2021. Watch this video before trading these currency pairs!

RESOURCES & LINKS:
_____________________________________________

Become a YouTube channel member and receive 5-10 analysis videos each week!
2PKnKJD

Subscribe to Justin’s Channel Today:
2lTRJCh

Weekly Forex Forecast for EURUSD, GBPUSD, USDJPY, XAUUSD, VETUSD (January 18 – 22, 2021)
2NdhF9R

Need help with your trading? Join DPA today!
lifetime-membership

Download Justin’s Forex Charting Platform:
lp/dailypriceaction
_____________________________________________

EURUSD Forecast
_____________________________

EURUSD broke below a key level last week at 1.2150.

I mentioned how this was a possibility in Tuesday’s commentary.

Friday’s breakdown opens the door to the confluence of support at 1.2000.

Continue reading…
2NdhF9R

GBPUSD Forecast
_____________________________

GBPUSD has been all over the place recently.

I’ve discussed the bullish scenario for the last few weeks following the weekly close above 1.3480.

However, buyers have (so far) failed to clear the 1.3700 level.

USDJPY Forecast
_____________________________

I wrote about the USDJPY last week, and not much has changed.

The pair continues to look indecisive between 103.00 support and 104.00 resistance.

So far, sellers are winning the battle at 104.00 on the weekly chart.

Continue reading…
2NdhF9R

XAUUSD Forecast
_____________________________

The gold (XAUUSD) consolidation continues.

I thought gold had broken out based on a different channel, but it appears my previous analysis was incorrect.

For now, the $1,780 area remains support.

VETUSD Forecast
_____________________________

VeChain (VET) is a cryptocurrency I first mentioned on June 26, 2020.

At the time, it was trading below a penny, near $0.008.

Fast forward to today, and VETUSD is up over 200%.

Continue reading…
2NdhF9R

Subscribe: 2lTRJCh to learn more Forex tips and strategies.
Get free Forex setups: setups
Read more on my blog: blog

#EURUSD #GBPUSD #USDJPY #XAUUSD #VETUSD

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.