Weekly Forex Review – 11th to the 15th of September

Thanks for watching this week’s edition of the Weekly Forex Outlook and Review. Aspects covered in the review include evaluating and analysing how price action moved last week on multiple markets, as well as highlighting potential opportunity areas ( high probability technical trading areas ), management point areas and targets.

Pairs and Markets Analysed this Week: EURUSD, GBPUSD, AUDUSD, NZDUSD, GBPNZD, Silver, USDCAD, EURJPY, CADCHF, EURGBP and CHFJPY.

Most of the opportunity areas highlighted this week in the review are trend continuation type zones.

For economic events this week click here.

 
Above Video – Weekly Forex Outlook and Review for the 11th to the 15th of September Forex Market

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For more details on all the Training Series available at Forex Reviews click here.

gbpusd 4 hour opportunity areas

Above – Highlighting on GBPUSD this week the 1.3228 zone area as a great area on this market to look for bearish evidence and a potential move to the downside from this area.

nzdusd 4 hour opportunity areas

Above – Highlighting the 0.7230 zone area as a great area on this market to look for bullish evidence and a potential bullish opportunity on this market.

silver daily opportunity areas

Above – Highlighting on Silver this week a potential pullback area ( the 17.12 zone area ) that if the market tests this area this week, that this area is a great area on this market to look for bullish evidence and a potential continuation in the trend.

eurjpy daily opportunity areas

Above – Highlighting on EURJPY this week the 128.64 zone area as a potential long term target area to the downside for those holding a sell position 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.

Previous video review of this market – click here

chfjpy daily opportunity areas

Above – Highlighting on CHFJPY this week two zones:

  1. The 115 zone area as a great area on this market to look for bearish evidence and a potential move to the downside from this area.
  2. The 112.64 zone area 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 ( video or comment updates ) in the week ahead.
Have a great trading week everyone! And happy trading!

About Timon Weller

Timon Weller is the professional Writer and Trader behind the blog Forex Reviews. Timon Weller is also a professional Teacher of Price Action Trading and creator of the popular Training Series teaching people how to trade Price Action effectively called The Engulfing Trader. For other Forex Training available here at Forex Reviews click here.

For more on Timon Weller Click Here. To Learn more about How to Trade the Market and get updates Click Here.

Comments

  1. Pankaj Sharma says:

    Thank you sir, and what about CADJPY..?

    • You’re welcome Pankaj, that market at the moment is testing the 88.73 bearish zone area ( counter trend area ), a great area on this market to look for a potential bearish opportunity on this market this week.
      Regards,

  2. Thank you Timon for an excellent weekly review. The markets last week were slow but as you have highlighted there are quite few potential trades that were developing at the Friday close. Looking forward to this week’s opening trades. Cheers mates John R

  3. Thanx Timon.

  4. Vincent foo says:

    Thanks again always, u are always updating n never fail as a coach, thank u always

  5. Hi Timon, thanks for the review. It is appreciated. Have a great trading week.

  6. Hi Timon, as always great review, thank you

  7. What happened to the review on Gold ? Don’t want to seem ungrateful ,I am one of your followers. I just like to trade gold and value your opinion .

    • Hey Tony, My bias on Gold is the same as last week and is similar to silver at the moment, waiting for a pullback to look for a potential buying opportunity on this market in the trend. At the moment the 1292 zone area ( area highlighted last week in the review ) is a great bullish evidence pullback area on the daily chart at the moment. I am planning on updating this market as soon as this market starts pulling back decently.
      Regards,

      • Thank-you for your feed back, Timon. You have made a great difference in how I view and trade the market. Thank you for all your insights of the market.

  8. What about USDJPY?

  9. Marc Nicque says:

    Thank you Mr. Weller,
    Last week I bought your engulfing course, after 2 years of trading Forex i did not make any progress, i hope that with your course things will chance.
    It is very easy to understand and will soon buy your 5 Day Training Course.
    I see 4 engulfing red candle’s on €/gbp thinking it will soon go down, why you expecting it will go up?

    • You’re welcome Marc, thanks for getting access to the training.

      While this market may decline from here as price came near that important high area recently, I am expecting this market to retest that previous high area looking left on this market before the potential decline.

      Above – GBPUSD 4 Hour – click chart for larger view of this market

  10. Thanks again, Your coaching and advise is invaluable.

  11. GREAT REVIEW AS USUAL, TIMON. WHATS YOUR VIEW ABOUT GOLD THIS WEEK?

    • Thanks for the feedback, my bias on Gold is the same as last week’s review and is similar to silver at the moment, waiting for a pullback to look for a potential buying opportunity on this market in the trend. At the moment the 1292 zone area ( area highlighted last week in the review ) is a great bullish evidence pullback area on the daily chart at the moment. I am planning on updating this market as soon as this market starts pulling back decently.
      Regards,

  12. Forex Update – EURUSD has been pulling back since early this week with potential for this market to retest the 1.1886, a potential bullish evidence area on this market that gave a nice move to the upside on the previous test of this area. If this market tests this area again this week this is a great area on this market to look for bullish evidence and a potential move to the upside from this area.

    Other aspects to note:

    1. This is a great pullback area in this markets trend ( currently this market is in a uptrend )
    2. This area aligns with a important trend pullback Fibonacci Retracement area as an extra confluence
    3. This was also an area that I highlighted as a potential bullish evidence area in last week’s review here and this area gave a nice move to the upside from this area up to that important management point high area.

    Above – EURUSD 4 Hour – click chart for larger view

    Above – EURUSD 4 Hour zoomed out with the Fibonacci Retracement confluence – click chart for larger view

  13. Hi Timon.
    Thanks for your amazing reviews. You are an unbelievable help!! Quick question: When you say that the candle will go up/down to previous highs/lows , you sometimes say; either to these highs or these highs. If they aren’t by structure points what do you mean to say: should i take profit at these points or just look out for any changes that might happen? Please advise as it is something that isn’t so clear to me.

    Thank you and waiting to hear from you really soon.

    • You’re welcome Toby, thanks for the feedback!
      What you are referring to is a management point high or low area on a market, those high or low areas are structure areas on that market. I often refer to them as midway zone areas however they can also be referred to as midway structure areas. A management point area is an area where I suggest a trader can manage a position by either closing a partial profit or lock in trade at break-even.
      In other words, they are areas on the chart where a trader can reduce or remove risk on a position when holding a trade to a long term target area.

      This page gives a breakdown of the terminology I use in the reviews – http://www.forexreviews.info/what-is-the-weekly-forex-outlook-and-review/
      Regards,

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