I am excited to share my best free forex signals for this week (week 1) and what you should look for in the upcoming weeks, from the beginning of 2019. Imagine if you could open one forex position right now and see an impressive profit growth on your forex account in just a couple of days? These signals have been extremely profitable and have given me a steady account boost for a long time, and now I am sharing fresh and honest forex signals with you.
Today I’m going to show you the best free forex signals that I used to get amazing results on my own account and what I think the next few weeks will look like in the forex market.
Which is the best currency to trade right now?
I recommend trading these currency pairs right now:
- GBP NZD and
- USD CAD
A closer look at GBP NZD and the live market charts
GBP NZD daily show this pair just barely crossed an up trend line with the rsi in the sell zone. (note it did not quiet hit the .618 on it’s downward move before turning back up.)
Hourly shows us this pair is ranging after the flash crash that took us by surprise last week. It ended Friday with a downward candle but the rsi definitely in the buy zone starting to make it’s way up to the sell zone.
Note: Hourly 2 chart showing something interesting: the .618 of a previous fib showed a strong level of support before the fib and another level of support after the fib. I am going to go out on a limb here and predict that when this pair breaks it’s ranging, it will go back to support at 1.86877 as shown in the hourly 2 chart before it heads back up the road. This is just a guess of mine, I can’t wait to see what it does this week. What are your thoughts?
Live market charts for GBP NZD Daily
Best free forex signals week: USD CAD
USD CAD Daily shows the pair in a downward movement with the rsi headed towards the buy zone. It is possible it will continue to the buy zone until it hits the .382 on the fib.
Live market charts for GBP NZD Hourly
Hourly shows the downward movement almost hitting the 1.618 of a previous fib (see hourly 2 chart – dash line – also note the dotted green line showing a support area of the downward movement on the 1.618 of a previous fib). The rsi is almost in the buy zone but seems to be skipping along just above it waiting to make up it’s mind to go up or continue down until it hits the 1.618 of the previous fib before it decides to move back up for a retracement.
USD CAD Daily shows the pair in a downward movement with the rsi headed towards the buy zone. It is possible it will continue to the buy zone until it hits the .382 on the fib.
Live market charts for USD CAD Daily
Hourly shows the downward movement almost hitting the 1.618 of a previous fib (see hourly 2 chart – dash line – also note the dotted green line showing a support area of the downward movement on the 1.618 of a previous fib).
Live market charts for USD CAD Hourly
The rsi is almost in the buy zone but seems to be skipping along just above it waiting to make up it’s mind to go up or continue down until it hits the 1.618 of the previous fib before it decides to move back up for a retracement.
Conclusion
Do you agree that USD CAD could give a solid boost to your forex account in the first weeks of this new year? Indeed, I’m so excited to share my best free forex signals for week 1, and I hope that everyone can maximize their profits based on my forex signals.
Are you happy that I shared my best free forex signals with you here in the Forex and Profits community? What do you think will happen next with the USD CAD currency pair? I’d love to know what you thought of the post.
Disclaimer: Please note trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
