Here's a Quick Look into This Week's Enriching Forex Forecast…
Dollar Index Overview:
Watch as Nikkhil masterfully navigates the complexities of the Dollar Index, marking critical support and resistance levels. Discover his predictions based on the high volume profile tool and the intriguing bullish divergence that could shape the market's direction. However, with mixed signals from different time frames, the path ahead might hold some surprises.
EUR/AUD and EUR/GBP Analysis:
Nikkhil gives important details on the bearish trends observed in EUR/AUD and EUR/GBP, presenting a detailed examination of their current patterns and what these could mean for traders. With a strategic look at Fibonacci retracement zones and potential bearish price actions, his careful analysis equips you with the knowledge to make informed decisions this week and beyond.
NZD/CAD Update:
Highlighting the strength of the New Zealand dollar, Nikkhil discusses the anticipation around the Reserve Bank of New Zealand's interest rate decision and its potential impact on market movements. A bullish outlook precedes the announcement, with expectations of a shift that traders won't want to miss.
Gold's Bullish Run:
Gold traders, get ready for an in-depth look at the precious metal's trajectory. Nikkhil analyses the patterns of lows and highs, pinpoints resistance levels, and offers strategies for capitalising on gold's momentum. Whether you're buying on dips or setting your sights on Fibonacci targets, his insights will guide your trading decisions.
Nikkhil's detailed video analysis not only provides a snapshot of the upcoming week but also dives into the technicalities behind each prediction, ensuring you're equipped with the foresight to optimise your trading strategies.
Click here to watch the full weekly Forex forecast
Wishing you a profitable trading week ahead!
We’ll talk soon!
Team Moneytize