Forex Weekly Forecast: GBPUSD Breaks Resistance, DXY Bearish, EURCAD Potential Downside

Welcome back to my weekly Forex forecast! In this video, I'll be sharing my insights on the latest developments in the currency markets.

We'll start by analyzing GBPUSD, where we saw a significant move as it broke the resistance at 1.2450 and is potentially eyeing the 1.3000 level if it can surpass the next resistance at 1.2660.

Next, we'll take a look at the DXY dollar index, which is currently on a bearish trend and continues to respect the bearish condition on both higher and lower timeframes (HTF and LTF).

Finally, we'll focus on EURCAD, where we've identified a potential movement of 150 pips to the downside and another 200 pips if it breaks the demand zone, totaling a potential 350 pips move.

Don't miss out on these key insights and trading opportunities! Make sure to watch the full video for a comprehensive analysis of the Forex markets. #forexweeklyforecast #gbpusd #dxy #eurcad #tradingopportunities #marketanalysis #forextrading #bearishtrend #demandzone #technicalanalysis
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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.