Watch the latest Weekly Forex Forecast to see how Justin Bennett is trading the EURUSD, GBPUSD, USDJPY, NZDUSD, and USDCAD through June 12, 2020. Watch this video before trading these currency pairs!


Become a YouTube channel member and receive 5-10 analysis videos each week!

Subscribe to Justin’s Channel Today:

Weekly Forex Forecast for EURUSD, GBPUSD, USDJPY, NZDUSD, USDCAD (June 8 – 12, 2020)

Need help with your trading? Join DPA today!

Download Justin’s Forex Charting Platform:

Daily Price Action


EURUSD Forecast

After a 500-pip rally over the last two weeks, EURUSD hit a wall of sellers on Friday between 1.1340 and 1.1380.

It was the first down day in the last ten sessions.

However, it’s unclear whether 1.1340/80 will serve as a temporary roadblock for buyers or the start of a capitulation event.

Continue reading…

GBPUSD Forecast

GBPUSD is respecting the two key levels I’ve had on my chart for weeks.

Last week, I said that I wouldn’t be interested in GBPUSD until it tested the 1.2500 area, which was still resistance at the time.

Monday’s surge into 1.2500 erased any idea of selling the pair.

USDJPY Forecast

USDJPY buyers finally broke free last week.

This is something I’ve been anticipating since early May when I was building a long position around 106.30.

Continue reading…

NZDUSD Forecast

NZDUSD surprised to the upside last week as risk assets rallied and the US dollar weakened simultaneously.

Thursday’s close puts the pair above 0.6430 support.

USDCAD Forecast

USDCAD has lost considerable ground recently.

After consolidating above 1.3860 for weeks, the pair finally broke below it and even closed the March gap at 1.3420.

Continue reading…

Subscribe: to learn more Forex tips and strategies.
Get free Forex setups:
Read more on my blog:


Disclaimer: Any Advice or information on this website is General Advice Only – It does not take into account your personal circumstances, please do not trade or invest based solely on this information. By Viewing any material or using the information within this site you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general advice provided here by Daily Price Action, its employees, directors or fellow members. Futures, options, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, spot forex, cfd’s, options or other financial products. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any material on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

High Risk Warning: Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.

Esta web utiliza cookies propias y de terceros para su correcto funcionamiento y para fines analíticos y para mostrarte publicidad relacionada con sus preferencias en base a un perfil elaborado a partir de tus hábitos de navegación. Al hacer clic en el botón Aceptar, acepta el uso de estas tecnologías y el procesamiento de sus datos para estos propósitos. Ver Política de cookies