I hope that you have a good trading week so far.
The purpose of this post is to share with you my opinion on the GBPJPY and EURUSD for this coming week.
For those of you who are in my forex video signal, I have uploaded the forex video signal on the members area for you to see. In the video, i will show you where to enter the trade and where to set the stop loss and target profit.
Let us start with the EURUSD analysis
From the picture below, you can see that the price has now shifted from downtrend back to uptrend and it is approaching a major resistance at 1.21493.
For the EURUSD, I will look to go LONG as it has resumed its previous up trend and look set to move up further.
My GBPJPY Analysis
For the GBPJPY, it has broke above a major resistance at 154.028 and it is coming back to retest that line again
If it is a successful retest, you can go for a LONG trade for this pair as well.
If you are interested to receive my forex video signal or use my trade copier service, you can take a look at the link below for more information
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