AUDUSD is still forming confirmations before hitting the selling area. With fakeout and compression seen at the moment.
We can also see compression on EURUSD where price is at the selling area and we’re going to see any selling confirmation this week on the break on structure.
Some other market forecasts from different point of views can be expected from FreshForex’s website and it can be combined with some setups here.
This week is NFP week so expect a reversal around Friday. In the meantime, we can anticipate a reversal on smaller timeframe on AUDUSD.
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Also we’re going to wait a reversal on GBPUSD. It has been a quiet month so February is going to give better movement later starting from this week.
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Another setups prior to NFP will be discussed and shared in FreshForex’s website and its webinar. So be sure to not miss them out.
GBPUSD just went down without a stop. Congratulations to those who took this setup. This also covers losses on some other setups I have shared.
We can anticipate some fresh setups this month. Gold to wait around this area as price might retrace before taking another sell.
We can also expect a selling setup from AUDUSD after a failed setup last week. We can wait for a retracement around this area before taking another sell on smaller timeframe.
Last one is NZDUSD for this week and we’re also going to anticipate sell setup around this area on small timeframes.
More discussion on major pairs can be expected on this week’s webinar in FreshForex, be sure to take the seat and notes some important levels later.
CPI on Thursday didn’t make any significant move for most of major pairs. We can also see if EURUSD wants to go lower to this area and break through it.
AUDUSD is on the lower trendline and to be expected to break it lower and hit the lower area. May be happened next week so we shall see.
NZDUSD has been in a sideway for a while. We shall see if price is going lower and break this area this month.
More insights can be expected in FreshForex, especially during weekly webinars. Next one on next Wednesday so keep on lookout.
CPI is rather slow this week but we can still see that EURUSD is still moving towards the demand area that you can try to make a sell around this area on smaller timeframe.
