Trading Support and Resistance - DailyForex.com
Trading Support and Resistance - DailyForex.com Trading Support and Resistance - DailyForex.com Posted: 30 May 2021 02:47 AM PDT Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of May 31, 2021. Advertisement This week we will begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon our research of the past 18 years of Forex prices, which show that the following methodologies have all produced profitable results: Let us look at the relevant data of currency price changes and interest rates to date, which we compiled using a trade-weighted index of the major global currencies: Monthly Forecast June 2021 For the month of June, we again forecast that the USD/CAD currency pair will fall in value, and the CAD/JPY currency cross will rise in value. For the...