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Forex Technical Analysis Week 50 (Week of 13 Dec 2021)

Hello and Welcome!


Snippet of what is up for this coming week!

We have a series of cash rate for this upcoming week! First is the USD (on Thurs early morning in SG) , then the GBP and EUR (Thurs evening in SG) , and lastly JPY (Tentatively).


Do trade with EXTRA care this upcoming week!


USD Index - Still stuck in a consolidation for pretty long time...could the upcoming FOMC give it some direction?


USDCAD - As per last week's (can check out the analysis HERE) rejection from its key R on daily, this week could be see a continuation downwards.


EURAUD - Could have more downside to 1.57 before selling subsides.


GBPJPY - Potentially a make or break level of 149.


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Thank you!

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