FFP Weekly Projection (10/4/2020 – 10/10/2020)

Check out this week's (10/4-10/10/2020) analyses, to see what currency pairs we look forward to trading!

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EURAUD: FFP Weekly Projection
EURAUD (4h)

⬇️ EURCAD has been making its way downward, since ~September 24, 2020.
⬇️ The 5 most recent candlesticks are all bearish, with some nice wicks formed on top, respecting the trendline above them.
⬇️ Price is approaching a strong Support & Resistance zone.

We will be waiting until price breaks past, and retests on, the ~1.63273 zone, at which point we will be looking forward to SELLING.

EURGBP: FFP Weekly Projection
EURGBP (1h)

⬇️ EURGBP has been in a downtrend, since September 11, 2020.
⬇️ Price broke past a Support & Resistance zone, recently. It seems as if we may be witnessing a retest on the top of the zone.

We will be waiting for one of two things, at which point we will be looking forward to SELLING:
1.) Until price goes up to, and retests on, the top of the ~0.90691—0.90821 zone.
2.) Until price goes up to the top, near the trendline, showing strong rejection.

USDCAD: FFP Weekly Projection
USDCAD (4h)

⬆️ USDCAD has been in an uptrend since September 1, 2020, after a reversal of a 5.5-month long downtrend.
⬆️ Price made its way toward the top trendline, rejecting also a resistance zone on top, after which point price retraced toward the bottom trendline.
⬆️ According to the most recent NFP report, there have been 661K new jobs received by Americans (good for USD), with the jobless rate falling by ~7.9%.

We will be waiting until price breaks past, and retests on, the ~1.33303 zone, at which point we will be looking forward to BUYING.

AUDJPY: FFP Weekly Projection
AUDJPY (4h)

⬇️ AUDJPY has been making its way downward, since the end of August 2020.
⬇️ Price seems to be retracing back to the resistance zone (~76.081).
⬇️ At the beginning of September 2020, Australia officially announced that it has gone into a recession (bad for AUD).

We will be waiting for price to retrace to (or near) the resistance zone on top, and then to break past, and retest on, the ~75.607 zone, at which point we will be looking forward to SELLING.

AUDUSD: FFP Weekly Projection
AUDUSD (4h)

⬇️ AUDUSD has been making its way downward, since the end of August 2020.
⬇️ Price is retracing to the resistance zone.
⬇️ According to the most recent NFP report, there have been 661K new jobs received by Americans (good for USD), with the jobless rate falling by ~7.9%.
⬇️ At the beginning of September 2020, Australia officially announced that it has gone into a recession (bad for AUD).

We will be waiting until price rejects the resistance on top, and then breaks past, and retests on, the ~0.71383 zone, at which point we will be looking forward to SELLING.

AUDNZD: FFP Weekly Projection
AUDNZD (4h)

⬇️ AUDNZD has been in a downtrend, since mid-August 2020.
⬇️ Price may retrace to toward the top trendline.
⬇️ At the beginning of September 2020, Australia officially announced that it has gone into a recession (bad for AUD).

We will be waiting until price retraces to the top trendline, and then breaks past, and retests on, the ~1.07678 zone, at which point we will be looking forward to SELLING.

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