I have done my analysis on the EURUSD and GBPUSD for this coming week and therefore will like to share with you guys my analysis so that you can make some profits from it
For the EURUSD
The Daily, 4 Hourly, Hourly and 15 Minutes time frames are all showing strong up trend which is a great sign of confluence.
For this pair, I will look to BUY this pair for the coming week
In fact, I have entered a BUY trade for my trade copier user on Friday but I have exit it with 22 pips profits before the market closed as the market will always produced sudden spike in price when the market opens.
Actually the EURUSD has the potential to move up by 100 pips more as per my trend strategy.
Once the market opens, I will look for opportunity to go LONG again.
For the GBPUSD
For this pair, it is slightly harder to trade now as compared to the EURUSD as the higher time frame are showing sign of uptrend.
But on the lower time frame, you will see that the price is trying to change the trend to DOWN.
From my experience, I am pretty sure that the shift will not succeed and therefore I will look to BUY the GBPUSD when the market opens again.
Actually I have entered a BUY trade for this pair for my trade copier user on Friday but like the EURUSD, I exit them with 15 pips profits before the market closed.
Therefore for this pair, I will look to go LONG as well.
If you wish to copy my trade automatically, you can consider joining my trade copier service below