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Weekly Forex Forecast for EURUSD, GBPUSD, XAUUSD, ETHUSD, VETUSD (August 10 – 14, 2020)


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Watch the latest Weekly Forex Forecast to see how Justin Bennett is trading the EURUSD, GBPUSD, XAUUSD, ETHUSD, and VETUSD through August 14, 2020. Watch this video before trading these currency pairs!


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Weekly Forex Forecast for EURUSD, GBPUSD, XAUUSD, ETHUSD, VETUSD (August 10 – 14, 2020)

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EURUSD Forecast

The EURUSD spent last week consolidating below 1.1900 resistance.

That’s the area that buyers need to clear in order to extend the recent rally.

More specifically, euro bulls need to secure a daily close above 1.1900 to expose the 1.2090 region.

Continue reading…

GBPUSD Forecast

GBPUSD spent last week consolidating below the 1.3160 resistance area.

I wrote about the same price in last week’s forecast.

It’s technically a confluence of resistance as it’s the intersection of a key horizontal level and a trend line from April 2018.

XAUUSD Forecast

Gold (XAUUSD) continues to be a “buy the dip” kind of market.

At least that has been my approach since April 1st.

That’s when I started to scale into several junior mining companies, which I also shared with DPA members at the time.

Continue reading…

ETHUSD Forecast

Ethereum (ETHUSD) looks like it’s ready for the next leg higher.

I started writing about ETH on June 4th.

At the time, the coin was still trading in the $230 range.

VETUSD Forecast

VeChain (VETUSD) has enjoyed a heck of a run lately.

I first wrote about VeChain on June 26th.

I also told DPA members I was buying the cryptocurrency on June 11th when it was still trading between 0.008 and 0.009.

Continue reading…

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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.

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