I will continue to share my trading ideas with you. Here I will provide the best free forex signals for this week (week 3) and what you could expect in the upcoming weeks, for Q1 this year.
Imagine if you could open one forex position this week and see an impressive profit growth on your forex account in just a couple of days or weeks? My signals have been extremely profitable and have given me a steady account boost in the past, 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.
It’s a new year and it’s time to boost your trading account with some signals that I really believe in. Some days ago I shared the best trading ideas for week 1, and the market has not changed a lot since last time, so here is just an update.
Which is the best currency to trade right now?
I still recommend trading these currency pairs for the next couple of weeks:
- GBP NZD and
- USD CAD
This could be the time GBP NZD reacts on the live market charts
GBP NZD Daily shows this pair cross an up trend line with a large down movement and with the rsi in the sell zone seeming to be southbound.
Hourly shows this pair had been ranging between 1.89805 and 1.88195 and has made a major sell move to 1.87477 and now appears to be retracing upwards.
As per our hourly (2) chart of last week’s post on this pair 1.86877 was the .618 of a previous fib .. will this pair complete the journey to 1.86877 before it turns direction and head back up?
A closer look at GBP CAD and why I’m trading it on my trading account
USD CAD Daily shows this pair ended with a large down movement to the .382 with the rsi in the buy zone it looks like a retracement is beginning.
Hourly shows this pair moved to the 1.270 and then retraced back up .. although the rsi is just under the sell zone at present, I think it will retrace back up and then continue down to the 1.618
As a note of interest on the third chart, usd cad hourly 2, please note 1.34695 and 1.33516 were the 1.618 of previous fibs. The 1.618 of the current fib is 1.31369. It will be interesting to see if and when this pair hits that support/resistance threshold.
Conclusion
Do you agree that USD CAD could boost your trading account this first quarter of 2019? Indeed, I’m super excited to share my best free forex signals with you, and I hope that everyone can maximize their profits based on my forex signals.
Are you happy that I shared my 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.
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