Weekly Outlook & Analysis: EUR/USD GBP/USD, Oil, Gold & more [Video]

John Fortune Get Me Trading

Find trade set ups with the Weekly Forex Forecast technical analysis and market review!

This weeks Weekly Forex Forecast and technical analysis covering 10 markets includes the following:

Pairs and markets analysed this week - USD Index, Crude Oil, EURUSD, GBPUSD, USDJPY, AUDUSD, NZDUSD, USDCHF, USDCAD and GOLD.

Highlighted in the video are key areas of support and resistance which look to provide potential opportunities as well target areas for the coming week and also weeks ahead.

Author

John Fortune

Get Me Trading

John Fortune is a professional trader and Head Analyst at Get Me Trading. John has over a decade worth of experience in the Financial Markets and produces a Weekly Forex Forecast covering over 30 markets each weekend.

EUR/USD trims gains, back below 1.1800

EUR/USD now loses some upside momentum, returning to the area below the 1.1800 support as the Greenback manages to regain some composure following the SCOTUS-led pullback earlier in the session.

GBP/USD off highs, recedes to the sub-1.3500 area

Following earlier highs north of 1.3500 the figure, GBP/USD now faces some renewed downside pressure, revisiting the 1.3490 zone as the US Dollar manages to regain some upside impulse in the latter part of the NA session on Friday.

Gold climbs to weekly tops, approaches $5,100/oz

Gold keeps the bid tone well in place at the end of the week, now hitting fresh weekly highs and retargeting the key $5,100 mark per troy ounce. The move higher in the yellow metal comes in response to ongoing geopolitical tensions in the Middle East and modest losses in the US Dollar.