ForexAnalytix Week Ahead Video November 6th 2022
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Blake Morrow of #ForexAnalytix talks about the week ahead in markets and discusses the price action following the FOMC decision this week and why the market moved the way it did following the Non-Farm Payrolls data.
The EURUSD is in focus with an ascending channel, and the GBPUSD carved out key support on Friday. The USDCAD also has a head and shoulders pattern, and the rally in #crude oil could assist a breakdown of the pair.
Gold has broken a major trend line and his key setup is the #USDMXN which has the #Banxico interest decision right after the #CPI report!
#weeklyforexforecast#forexforecast#forexanalysis
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