Weekly Market Forecast for February 8 – 12, 2021

In this weekly market forecast, I’m going to show you exactly how I’m trading EURUSD, GBPUSD, AUDUSD, BTCUSD, and ETHUSD through February 12, 2021. The EURUSD may have confirmed a false break last week. I told Daily Price Action members recently that any close below the 1.2000 area isn’t something I would short. EURUSD has been trending higher since early last year, which means any shorts are counter-trend. I even said last week that a close below 1.2000 could very well turn out to be a false break. That said, it may be a little too early to tell. I’d like to see how the pair reacts to the 1.2000 … (full story)

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