Welcome back traders to another edition of the Weekly Forex Outlook and Review, this edition this week for the 20th to the 24th of March Forex Market. Aspects highlighted in the review include highlighting potential opportunity zone areas in the market ( areas to look for evidence in the market and potential moves ), management points and targets. Also in the review, I take a look at last week’s market price action moves on a number of different markets.
Pairs and Markets Analysed this Week: EURUSD, GBPUSD, AUDUSD, USDCAD, Gold ( 4 Hour ), Silver ( 4 Hour ), USDCHF, GBPNZD ( 1 Hour ), USDJPY and EURAUD.
As for this week in the market, I am expecting another great week with plenty of potential opportunities. Both high probability trend continuation zones and counter trend zones highlighted this week in the review.
Above Video – Weekly Forex Outlook and Review for the 20th to the 24th of March Forex Market
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Above – Highlighting on GBPUSD this week:
- Potential management points and long term target area ( 1.27 zone area ) for those holding buy trades on this market.
- The 1.27 zone area as a great area on this market to look for bearish evidence and a potential move to the downside from this area.
Above – Highlighting on AUDUSD this week the 0.7718 zone area, where the market is just starting to test right now, as a great area to look for bearish evidence and a potential move to the downside from this area.
Above – Highlighting on Gold this week a potential pullback area on this market, that area is the 1218.61 zone area, a great area to look for bullish evidence and a potential move to the upside from this area
Above – Gold 4 Hour zoomed out showing previous lows and highs supporting the value of the potential bullish evidence pullback area highlighted this week.
Above – Highlighting on USDJPY this week the 112.50 zone area as a great target area on this market for those holding sell trades on this market as well as a great area on this market to look for bullish evidence and a potential move to the upside from this area.
Midweek Forex Reviews
Come back and check below for potential upcoming Midweek Reviews in the week ahead. They will be added below.
Have great trading week everyone and Happy Trading.