Using Forex Weekly Forex Charts and Outllok for the Week AheadÂ
GBPUSD Weekly Charts Outlook
Supports : 1.29700 , 1.27350Â & 1.24850
Resistances: 1.31350 , 1.31850 & 1.32750
As long as above 1.29700 Bullish.
If it can’t surmount 1.31850 next week, this might be the start of a bigger Correction.
Weekly chart
EURUSD Weekly Charts Outlook
Supports : 1.08850 , 1.07750 & 1.07350
Resistances : 1.09950 , 1.10250 & 1.11050
EUR lost momentum and couldn’t reach Resistance line at 1.13050.
It should try for 1.10250 next week and then down again.
Only above 1.11050 can be Bullish again.
USDJPY Weekly Charts Outlook
Supports : 147.350 , 145.250 & 143.400
Resistances : 149.600 , 151.950 & 152.050
Last week’s close is a very Bullish and Pattern suggests that road to 160 might be open for a grab.
XAUUSD – Gold Weekly Charts Outlook
Supports : 2650.00 , 2625.00 & 2605.00
Resistances : 2660.00 , 2675.00 & 2685.00
Bullish close last week – Pattern calls for at least one more leg Up and New High.
2800.00 is the target.
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