Forex Analysis Video with Future Predictions USDCAD and GBPAUD Week April 19th
We will be looking USDCAD and GBPAUD this week, as these two markets I believe are starting to do something new when in reference to the current trend.
On USDCAD I’m thinking that price is forming a new downtrend as we have broken major support on the daily and just waiting for our neural network to also confirm this new downtrend. I’m expecting to see price continue down to daily demand level at 1.3140.
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On GBPAUD this week, We are looking for price to move to the upside even though it’s still technically in a down / rangy market condition. Price could be pulling back to the daily demand zone at 1.6515 and we expect to see at retest of the yearly high at 1.6654 in what could be a new uptrend forming.
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