Weekly Forex Forecasts – Feb 7 – 11, 2022 – We Analyzed DXY and Explained Pattern identification.

Weekly forex analysis- In today’s live trading room, we analyzed the charts for the upcoming week. We start with the higher time frames and then check the lower time frames to look for intraday opportunities.

We analysed the DXY after the huge vitality moves that occurred last week. The Dollar still remains strong in the short term, but any large movement down can change the perspective.

We also make a small explanation of the market cycle and pattern identification. There are some pairs that it’s better to stay away from for better zones on a daily chart.

Finally, there are some important moves at the end of the week on the CAD, AUD, and USD pairs.

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