📊 Weekly Forex Market Analysis for Nov 18-22, 2024 | Technical & Fundamental Overview

📊 Weekly Forex Market Analysis for Nov 18-22, 2024 | Technical & Fundamental Overview

21K

Join us for an in-depth analysis of the forex market outlook for the week ahead. We break down key economic events and technical analysis for major currency pairs, focusing on GBP/USD and USD/CAD. Key Economic Events This Week: UK Monetary Policy Report Hearing with BOE Governor Canadian CPI Data (forecast: 0.3% vs previous -0.4%) US Unemployment Claims UK & GBP Retail Sales PMI Data from France, Germany, and UK Manufacturing PMI from US Technical Analysis Coverage: ✅ GBP/USD Analysis: Detailed support and resistance levels Current consolidation patterns Moving average analysis Stochastic indicator insights Multi-timeframe perspective (Weekly, Daily, 4H) ✅ USD/CAD Analysis: Key support and resistance zones Fibonacci levels Risk/reward considerations Short-term and medium-term outlook Trading Opportunities: GBP/USD expected movement and key levels to watch USD/CAD potential breakout scenarios Risk management considerations 📈 Main Market Expectations: GBP/USD: Potential downward movement USD/CAD: Bullish outlook with specific target levels 🎯 Key Support & Resistance Levels Covered ⏰ GMT timezone references 📊 Multiple timeframe analysis 💡 Trading insights and strategy considerations Don't forget to: ✅ Like and Subscribe for daily market updates 🔔 Hit the notification bell to stay updated 💬 Comment with your market views Disclaimer: This analysis is for educational purposes only. Always conduct your own research and consider your risk tolerance before trading. #ForexTrading #MarketAnalysis #TechnicalAnalysis #GBPUSD #USDCAD #Trading #Finance #Investment #ForexMarket #TradingEducation #MarketOutlook #ForexAnalysis