Weekly Forex Forecast (21/12/20) EurUsd / XauUsd / 30+ Pairs

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Find price action trading set ups with the Weekly Forex Forecast technical analysis and market review!

#eurusd #xauusd #dxy #crudeoil #gbpusd #usdjpy #audusd #nzdusd #usdchf # usdcad #eurjpy #chfjpy #gbpjpy #audjpy #cadjpy #nzdjpy #eurchf #eurnzd #euraud #eurgbp #eurcad #gbpchf #gbpaud #gbpcad #gbpnzd #audchf #audcad #audnzd #nzdcad #nzdchf #cadchf

This week’s Weekly Forex Forecast and technical analysis covers over 30+ markets assessing the price action of each Forex (FX) pair, the directional bias of each Forex (FX) pair as well as the key levels of support and resistance plus profit targets for the week ahead in every single Forex (FX) pair covered.

Forex (FX) pairs and markets analysed this week include:

USD Index, Crude Oil (WTI), EURUSD, GBPUSD, USDJPY, AUDUSD, NZDUSD, USDCHF, USDCAD and GOLD (XauUsd).

Plus additional Forex (FX) pairs: EURJPY, CHFJPY, GBPJPY, AUDJPY, CADJPY, NZDJPY, EURCHF, EURNZD, EURAUD, EURGBP, EURCAD, GBPCHF, GBPAUD, GBPCAD, GBPNZD, AUDCHF, AUDCAD, AUDNZD, NZDCAD, NZDCHF and CADCHF.

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How to use the Weekly Forex Forecast

The Forex Forecast video presents the highest probability directional move for every market each week as well as a "work space" for each Forex (FX) pair by putting into place the key support and resistance levels.

When assessing the Price Action of each Forex (FX) market in the Forex Forecast video we create the analysis using multiple time frames, however the presentation in the Forex Forecast video is made in the 4h time frame.

A complete Forex Strategy:

The Weekly Forex Forecast and Technical Analysis video can be combined with GMT's Free Trading Course to provide a complete Forex Strategy for every Forex trader to approach the Forex (FX) markets with each week. It uses the following process to put the odds onto the side of the each Forex trader ensuring long term, sustainable success in the Forex (FX) markets:

Directional Bias

By assessing the overall trend of each market a directional bias is created in each Forex (FX) pair which helps put the odds on our side for reasons covered extensively in the Risk Management section of GMT's Free Trading Course.

Support and Resistance

By updating key support and resistance levels in each Forex (FX) market each week a "work space" is created allowing each Forex trader to assess potential set ups on a pullback to support and resistance levels or by filtering out trades which might be too close to upcoming support and resistance levels. It is an additional filter which increases the odds further in our favour.

Entries

In the Technical Analysis section of GMT's Free Trading Course both Breakout and Swing Trading techniques are covered and both can be used to enter positions into the Forex markets for set ups as highlighted in the Forex Forecast.

Stop Losses

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Topics associated with todays Weekly Forex Forecast:

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Learn to trade with the Free Get Me Trading Course which teaches traders how to trade Forex (FX), Stocks, Bonds and Commodities as well as how to trade Forex (FX) and Stock Market Fundamentals, Technical Analysis and Risk Management Principles.

Each section of GMT's Free Trading Course can be found here:

Thanks for watching and a big extra thank you to those who comment, like, share and subscribe to the channel!

Have a great week and don't forget to trade safely!

Get Me Trading Team
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Welcome to this weeks Weekly Forex Forecast where we identify the overall trend direction of the markets, key turning points in the market as well as profit targets for the coming week in over 30 markets!

All analysis is made using multiple time frames and presented in the 4h time frame.

Pairs in this weeks Weekly Forex Forecast:

USD Index (Dxy), Crude Oil (WTI), EURUSD, GBPUSD, USDJPY, AUDUSD, NZDUSD, USDCHF, USDCAD and GOLD (XauUsd), EURJPY, CHFJPY, GBPJPY, AUDJPY, CADJPY, NZDJPY, EURCHF, EURNZD, EURAUD, EURGBP, EURCAD, GBPCHF, GBPAUD, GBPCAD, GBPNZD, AUDCHF, AUDCAD, AUDNZD, NZDCAD, NZDCHF and CADCHF.

Don't forget to check out the GMT Trading Course completely FREE at www.getmetrading.com


I wish you all a nice weekend and a profitable trading week next week 👍

Merry Christmas and a Happy New Year! 🎅🥳

getmetrading
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Merry Christmas and a happy new year to you and your family, John. Looking forward to studying your course and seeing you back on 9 January for a prosperous new year.

selwynharvey
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Thanks John, looking forward to trading the new year with your help! Thanks for the new training material, couldn't have asked for a better holiday gift! Happy Holidays, see you next year!

mikeg
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Many thanks, John. Merry Christmas. Your forecasts are fantastic!

darrentoal
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Thank you very much and marry chrismis 🎄

justimran
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Thank You John for the weekly forex forecast. Merry Christmas and a Happy New Year!!

kensmith
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Thank you for all amazing forecasts and enjoy the time off! happy holidays!!

olganikiforova
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Merry x'mas & happy 2021 too🎇🎆🎄🎄🎇🎇

tanatham
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My comment relates more specific to your last week's analysis : was amazingly high accuracy and can easily be held up against any paid service ! Was just brilliant and can just thank you and wish you and yours well over this period .. have a great and safe festive period and may the pips overflow in your direction . THANK YOU

zaRedDevil
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I'd like to say thank you John for all the information you provide to us, the trading course is incredible, I've learned so much on the fundamental side of things and it just opened up my eyes and gave me a whole new perspective on trading. Thank you for the analysis and have a wonderful Christmas.

mjmongwai
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Hey John! Hope you are having a great weekend! Thanks so very much for sharing your thoughts; and wish you a very happy Christmas!

inmorann
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well done and thank you. wish you all a happy holiday.

lamyam
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Hi John will u please consider to include popular Indices as well in the weekly forecast? Thanks for the valueabel free course for us. Merry Christmas and Happy new year to u. Have a nice time with your family and friends and stay safe.

ransin
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Thank you John, all the best to you and yours. A Very Merry Christmas and A Happy New Year!!

ernestolongoria
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Thanks for your great work and Marry Christmas to you and your family

reinholdschilling
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GMT - you rock. Thanks John .. and happy holidays to you and family.

muna
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Would it be possible to include the Dow, Dax and FTSE Indices please??

paulwaller
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Thanks all the way. I truly appreciate you. Merry Xmas and Happy new year in advance to you and the family

Theo-qbcy
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Great forecast like always. Have a great trading week and Merry Christmas

samb
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Thank you for all your time and effort. I would like to wish you and all your team a very Merry Xmas. I sincerely hope that 2021 is a healthy and better year for everyone.

robertvamplew