Weekly Forex Forecast For March 25 - 29, 2024 (DXY, EURUSD, GBPUSD, USDCAD, XAUUSD)

Check out the latest Weekly Forex Forecast to see how DXY strength will impact EURUSD, GBPUSD, USDCAD, and XAUUSD next week!

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_________________ CHAPTERS _________________

0:00 Intro
0:15 Free VIP Access and 30% Trade Bonus!
0:56 DXY
3:12 Forex Factory Calendar
4:23 EURUSD
8:05 GBPUSD
10:14 USDCAD
12:46 XAUUSD

US Dollar Index (DXY)

The US dollar ended last week on a bullish note with a 104.00 reclaim, but bulls still have work to do with 104.45 resistance.

Get the full analysis on the blog: https://dailypriceaction.com/setups/weekly-forex-forecast-for-march-25-29-2024/

EURUSD

The euro broke down last week below the 1.0850 key area, but the worst of the damage can be seen on the EXY weekly chart.

Get all the details in today’s video!

GBPUSD

The British pound is another currency that fell hard last week on USD strength.

The sub 1.2640 close confirms the entire March rally as a fakeout, which could have bearish implications for weeks.

USDCAD

The US dollar vs the Canadian dollar remains locked in a range, but recent dollar strength could lift the pair above 1.3600 to 1.3650.

Time will tell if the late-week bullish from move the DXY is sustainable.

XAUUSD

Gold remains above the $2,140 December high, making shorts unfavorable.

However, last week’s failed attempt to rise above the $2,200 area could offer an opportunity next week.

Get the full analysis on the blog: https://dailypriceaction.com/setups/weekly-forex-forecast-for-march-25-29-2024/

None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.

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