Monthly Archives: August 2018

Weekly Forex Forecast (August 20 – 24, 2018)

The EURUSD continued its bounce into the weekend following a relatively bullish Wednesday candle. I’ve mentioned the 1.1300 support area a few times in the last two weeks including August 9th and again last week.

That 1.1300 area was also the target for my short from the 1.1600 area. It just so h…

EURCAD Sets Up for Next Week Following 1.4970 Retest

The EURCAD broke a significant level this week. On Tuesday I shared a chart that showed how sellers were on the verge of closing the pair below the head and shoulders neckline support.

At the time the pair was trading at 1.4895 and hadn’t yet closed the day below the 1.4970 level. But instead of …