In this weekly forecast video, Vladimir Ribakov of Home Trader Club provides a technical analysis of four major forex and commodity pairs: EUR/USD, GBP/USD, Gold, and EUR/GBP. He frames each instrument within a corrective structure, highlighting key price zones, Fibonacci extensions, and MACD/RSI divergences that could signal further downside moves. For EUR/USD, he identifies an ABCD correction with potential targets around 112‑111 if support holds. For GBP/USD, he notes a three‑wave bearish pattern, bearish MACD divergence, and Fibonacci zones near the 100% and 161.8% levels, suggesting further downside before a bullish MACD reversal. Gold is described as in a dramatic correction after an all‑time high, overbought on multiple time‑frames (RSI >80), with supply zones around $4,060‑$4,200 and a likely sell opportunity after a two‑wave move. EUR/GBP shows bearish divergence on both weekly and daily charts, a broken double‑top, and two possible scenarios: a retracement down to 0.8740‑0.8720 (or further to 0.8680‑0.8660) or a short‑term upside move before a larger downside shift. Throughout, Ribakov promotes Home Trader Club resources, partner broker offers, and encourages viewers to engage with his blog and educational materials.
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What's up guys, Vladimir here from Home Trader Club. Welcome to another weekly forex forecast. Before the chart, as always, big thanks, thumbs up to 8K Broker for their support in our amazing community. And you can enjoy all the special offers we have with the broker as part of our partnership, including the access to Home Trader Club up to one full year. Including the access to all the trading systems, the marketplace, private mentoring session, so much more. Follow the link below this video in the description. So what do we have on the charts today? Let's start with the euro dollar. But before that, quick reminder that during the week, if you go to our blog VladimirBakov.com, you would be able to enjoy amazing trading opportunities. We share with our community. So make sure you go to vladimirbakov.com, check out everything we have on the blog, and don't forget to go to Forex Education, download our free ebooks, free tools, enjoy the complete guides for beginners and advanced, and so much more. Under the strategies and courses, you would be able to find all of our marketplace. So visit vladimirbakov.com. So euro-dollar, what do we have here? I believe we are under the corrective structure at the end of these 3 waves, and the idea scenario if the euro dollar can complete its ABCD correction. This demand levels we have here, maybe even below that, so around 114 and then lower around 112, 111 are the legit target levels for the euro dollar. I believe the euro dollar has some more to offer to the downside as long as the recent highs hold. Watch out for these key levels. Broken support becomes resistance. High acts as supply, support act as a resistance. And of course, these spikes on here with the classical supply. So we are talking about 115.50-ish up to 115.80 zone and 116.20. These are the key levels where I believe as long as they hold, the euro can offer more to the downside. Pound dollar is our next one, and similar to the euro dollar, I believe that at the end of these three waves we experienced and the bearish divergence we saw on the moving average of the MACD, the pound dollar should complete its corrective structure. If we plot Fibonacci extension on the developing two waves, we can see that the pound dollar is next to the 100. This is a very strong zone around the 131, but. Could it offer more towards the 161.8? The answer is yes. Will that? Time will tell. So do we have a bottom on the pound dollar? I don't think so. I believe the bottom is yet to complete. That could be around the 100% Fibonacci, maybe even a bit lower. So the ideal scenario I want to see on the pound dollar after making 2 waves to the downside is actually to complete one more final drop until a Bullish divergence would form on and the MACD. So watch out for these key levels: high access supply, high access supply, broken support becomes a resistance. As long as these levels hold, I believe these rallies should provide for us further sell opportunities. The levels to pay attention to: 131.60 up to 75, 138.10 up to 130 sorry 132.10 up to 132.30, and of course around the 130. To 80 surrounding the resistance. Gold continues its dramatic correction after all-time high, crazy all-time high, and it bounces off overbought conditions on the RSI above 80 on the monthly chart, the weekly chart with RSI above 80, and same with the daily chart with RSI above 80. I believe the correction is still in play. The ideal scenario on the gold is 2 waves down, create some range, or 2 waves up here, and from there go for the sell. Key levels for that to happen on the gold is the previous daily high from the uptrend around $4,060, the high which acts as supply of this corrective downtrend around $4,130, $4,140, and the broken support of the double top That now acts as resistance around the 4,200. So as long as these levels hold, I would be looking to sell these rallies. I expect the gold to complete its corrective move down and then form a bullish divergence. Final one for today, the euro pound, which is around absolutely key levels. On the weekly chart, we are now cleaning the highs here, highs that act as supply. There is a bearish divergence developing here. While the market is making the higher highs, MACD starts to make the lower highs. On a daily chart, a bearish divergence as well, and a very strong bearish candle pattern here with 3 major spikes. A double top is broken and the support is broken as well. There are 2 scenarios on the Euro pound. Scenario one retraces and a drop down. Great target zone in that case could be all this range around the 0.8740 down to 0.8720. Next potential target could be all the way around the 0.8680 down to 0.8660. And scenario two, the pair retraces upside, completes another final run. Completes a bearish divergence on the moving average of the MACD, and from there a major retrace to the downside, probably even a trend change. That's it for this video. As always, I hope you find value in watching the trading opportunities. If you have any questions, don't hesitate to ask in the comments. And if you enjoy the video, please don't forget the like button. If you are new to our channel, please consider to subscribe with the subscribe button below this video. I also want to invite you to our trading family, the Home Trader Club. Enjoy all our courses, real-time trading opportunities, real-time trading education, so much more. Follow us with the link below this video in the description. Thanks for watching. Best to you and yours, and I'll see you soon with more. Good trading. Bye for now.