Weekly Market Forecast for Week 1, November 2021.

Yippee! It's the first day of the new month of November and it's time to reset your profit target and raise the bar higher from October!

Every moment is a fresh beginning and it's never too late to improve and smash those goals.

To give you all the headstart that you need this fresh month, we have investigated the market and handpicked the most profitable positions to trade today for minimum profits of N10,000!

Go ahead to check and trade them now before the predicted prices move considerably. 

Need a guide interpreting and profitably using the analysis? Click Here NOW to Learn How. 

Hurry, time is money!

EUR/USD

Last month ended bearish so we may see some more down move. However, expect a reversal to 1.1575 before further price drops, or bullish moves above 1.1590.

EURUSD_10_31

BIAS: RANGING/Likely Bearish

GBP/USD

The pair is still dropping. Watch out for reversal to 1.3715 before further sells. However, a rise above 1.3740 will bring the Bulls back.

GBPUSD_10_31

BIAS: RANGING/Likely Bullish

USD/CAD

A strong caddie wants to go down but the USD won't. The pair is observed to be ranging between 1.2400 resistance and 1.2330.

USDCAD_10_31

BIAS: CONSOLIDATION/Likely Bearish

EUR/JPY

A large consolidation is taking place while the pair is still dropping. Therefore, sell only when the price drops from 131.80, and trade the range from 132.70. See the chart below for more information.

EURJPY_10_31

BEARISH/Possible Consolidation

 

What are you waiting for? Go ahead and take the trades now while they are still fresh; they are worth 100 pips!


 Yet To Make Your First Deposit On 7BForex?

Get up to a 100% bonus on your first deposit starting from N5,000 right away! Click here to log in to your client cabinet and make your first deposit now.

Need To Replenish Your Account?

Log into your client cabinet to replenish your account right away and get in the market early!