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Forex Weekly Forecast: Analyzing DXY, GBPUSD, EURCAD [March 20 2023]
In this week's Forex video forecast, we conduct a comprehensive analysis of the DXY, GBPUSD, and EURCAD currency pairs. We begin by analyzing the DXY, the dollar index, and provide insights into its recent retracement and potential for a bearish trend in the coming weeks.
Next, we examine the GBPUSD pair, which has a strong correlation with the DXY. Our analysis suggests that GBPUSD will continue to move upwards and break through some key resistance levels in the coming days, although this may be influenced by upcoming news for both the dollar and the pound.
Finally, we take a look at the EURCAD pair, which is currently losing strength as it approaches a significant resistance area. We have identified a 4H Order block and plan to short the pair with the target of the VOID.
If you're looking for expert analysis and insights into the Forex market, be sure to watch this video. We provide actionable strategies and tips that can help you stay ahead of the game and make informed trading decisions. Don't miss out on this valuable information!
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▶Disclaimer
Everything mentioned in the video is just my personal opinion. This content is for educational and entertainment purposes only and not financial or professional advice.
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