Welcome back to the Weekly Forex Forecast for the week of Aug 25 - 29th
In this video, we will analyze the following FX market: EURUSD
The EURUSD is strong. Buy it.
But... be mindful that we are still in corrective territory. The Friday Powell candle notwithstanding, the market has not traded through and closed above the last swing high. Last week's Weekly candle closed within the range of the previous candle. Not a bullish indication. This is the time to be cautious of new trade entries early in the week ahead. Let the market tip its hand before jumping into trades.
The market is more bullish than bearish, and buys on pullbacks are best.
Just be mindful that if a bearish BOS happens, sells will be the highest probability trades to take and hold.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
In this video, we will analyze the following FX market: EURUSD
The EURUSD is strong. Buy it.
But... be mindful that we are still in corrective territory. The Friday Powell candle notwithstanding, the market has not traded through and closed above the last swing high. Last week's Weekly candle closed within the range of the previous candle. Not a bullish indication. This is the time to be cautious of new trade entries early in the week ahead. Let the market tip its hand before jumping into trades.
The market is more bullish than bearish, and buys on pullbacks are best.
Just be mindful that if a bearish BOS happens, sells will be the highest probability trades to take and hold.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Note
Note
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.