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Let’s find the best forex setups for the week ahead, together! In today’s chill video, we analyze 3 forex pairs: EUR/NZD, XAU/USD (Gold) and GBP/CAD.

The stock market is what’s been driving risk sentiment the last few weeks (a slight shift from Omicron fears) and therefore we need to keep a close eye on the stock market to make sure we don’t see any major stock crash! Not that I’m predicting one.

But all of that to say, as you’ll see in the video, some of the forex pairs are consolidating, stuck in a range with all of the moving averages stuck in between price. We need to see a clear breakout in these situations before we can take a convincing buy or sell.

EUR/NZD however currently offers the best forex setup of the week in my opinion. So definitely watch until the end!

TIMESTAMPS:
0:00 – CHILL
0:42 – GBPCAD
7:05 – Gold
10:48 – EUR/NZD (don’t miss this!)
15:05 – What I missed on gold…

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