USDCAD weekly review: bearish pressure is here.

Hello!

USDCAD pair has a very volatile sessions this week (15-19.05.2017) with strong resistance level at 1.3645
ForexTeam is continuing to see some bearish pressure for USDCAD and yesterday we sold USDCAD with the next target at 1.3558 hopefully we reach price level 1.35
If we can break down below 1.35 handle, that USDCAD will break down from there!

usdcad weekly review forexteam app free signals

See you,
ForexTeam

Weekly forex review update for GBPUSD 18.05.2017

Hello guys,

As we wrote in our forex weekly review on Monday (15.05.2017) for GBPUSD it was very important resistance price level at 1.2978 .

Today morning this price level was broken with bulls push up! Now GBPUSD stay still in the channel well supported at 1.2956.
Let’s see which close price we will get for today)

weekly forex review update for gbpusd forexteam app signals 18052017

Stay tuned,
ForexTeam

Weekly market preview for USD Index (15-19.05.2017)

Hi everybody,

according to ForexTeam short term market research, we can say with high probability, that this week USD Index (#USDX) will goes down slowly with small pullbacks to resistance level. Please, pay attention to the following price levels:

Resistance level = 99.20-99.30
Support level = 98.30-98.10

usd index forexteam

Probably,the same weekly bearish trend will be for the following forex pairs: USDCHF and USDJPY

Read here the development of this weekly market scenario for USD Index (#USDX).

Stay tuned,
your ForexTeam