You are on page 1of 8

forexsignals.com Copyright © ForexSignals.com - all rights reserved.

ForexSignals.com
present

WEEKLY R€PORT

Copyright © ForexSignals.com - all rights reserved.


Copyright © ForexSignals.com - all rights reserved. 2

Pairs in spotlight this week (1/2)

GBP/AUD Analysis:
The GBP/AUD finished off
Direction last week with a great
push and this week, we
believe the positive
BUY momentum will continue.

Key Level(s)
We expect a further rally
in the GA to 1.81500
1.81500 which is our key level
made up of several
important areas of
Notes:
interest in price action.

Chart:

2
Copyright © ForexSignals.com - all rights reserved. 3

Pairs in spotlight this week (2/2)

EUR/JPY Analysis:
EUR/JPY is currently
Direction
trading in a very
interesting position.

SELL We came back down for a


successful retest of the
upper channel limit but
Key Level(s) now show signs of
continued bearish
122.000
momentum. Our belief is
that price will continue
Notes: lower this week to our
key level of 122.000.

Chart:

3
Copyright © ForexSignals.com - all rights reserved. 4

Mentors’ top picks

z z

Technical analysis Technical analysis


A break and close below Price seems to have begun
technical support opens the ranging. At this stage, a
way to 104 and beyond. continuation to the ceiling
102.50 will act as the next of the range seems
meaningful support. probable. Target is 11500.

Fundamental analysis Fundamental analysis


USD is under continued Risk sentiment caused
pressure into this weeks pause in the NAS100 last
FOMC. The overall impact week but this week, I
on the US economy not fully believe things will resume
priced in. Risk off will lead to and a push north is likely.
JPY support.
Copyright © ForexSignals.com - all rights reserved. 5

Currency Strength Indicator

¥ JPY

$ USD

€ EUR

Fr. CHF
Copyright © ForexSignals.com - all rights reserved. 6

Weekly data releases


Every week, world economies release important pieces of
data that affect the movement of the markets. Some
more significantly than others – here are the most
important ones we will be looking at this week.

30/07/2020
Initial Jobless Claims
13:30 GMT

C$

USD
29/07/2020 31/07/2020
Canadian GDP
FOMC Interest Rate
(MoM) (May)
Decision
13:30 GMT
19:00 GMT
Copyright © ForexSignals.com - all rights reserved. 7

Meet our mentors


Our professional traders and mentors, with decades of trading
experience combined, are here to make sure you become a successful
forex trader!

Over 50 years of combined More than 10,000 students from


experience. all around the world.

Max is a diligent and pro-active individual


with a wealth of experience in technical and
fundamental analysis.

Andrew Lockwood
Andrew is a former pit trader from the City of London
who has successfully adapted to the world of online
forex trading over the past 30 years.

Mark is a Certified Financial Technician (CFTe)


with over 15 years professional trading
experience.
forexsignals.com Copyright © ForexSignals.com
Copyright - all rights
© ForexSignals.com reserved.
- all rights reserved. 8

See you inside our exclusive


Trading Room!
Make sure to check out our exclusive Trading Room for
immediate on-the-go updates on the pairs our professional
traders are currently watching!

Click the button in the email!

See you inside the Trading Room!

You might also like