Welcome back everyone to this week’s edition of the Weekly Forex Outlook and Review, this edition this week for the 12th to the 16th of September Forex Market. Analysing and highlighting many important zones in the market this week including potential opportunity zones, areas to look for evidence and moves in the market, management points and targets.
Pairs and Markets Analysed this Week: EURUSD ( 4 Hour ), GBPUSD ( Daily ), AUDUSD ( Daily ), NZDUSD ( 4 Hour ), GBPAUD ( 4 Hour ), EURCAD ( Daily ), CADCHF ( Daily ), USDCAD ( Daily ) and USDCHF ( Daily ).
Some great performers last week from the important zones were EURUSD, GBPUSD, CADJPY and EURGBP.
Most of the important zones highlighted this week in the review are trend continuation type zones.
Above Video – Weekly Forex Outlook and Review for the 12th to the 16th of September
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Above – Highlighting on EURUSD a potential retest of the 1.1130 to 1.1140 zone, a great area on this market to look for bullish evidence and a potential move to the upside from this important area once again.
EURUSD was a great performer again last week, testing the 1.1130 zone once again ( area I highlighted last week in the review as a potential bullish evidence zone on this market ) and giving a strong move higher from this important area in the market.
Above – Highlighting on GBPUSD this week two potential bullish evidence zones to the downside on this market.
GBPUSD tested deeply the 1.3360 zone last week before moving lower, the 1.3360 was a bearish evidence zone that I highlighted last week on this market in the review.
Above – GBPUSD on the 4 hour chart.
Above – Highlighting on AUDUSD this week the 0.7450 zone as a great area on this market to the downside to look for bullish evidence and a potential move to the upside from this area.
Last week AUDUSD tested deeply the 0.7670 resistance zone on this market, before the bears took control and gave a strong move lower from this important area.
Above – Highlighting on NZDUSD this week a potential pullback area on this market, that area is the 0.7290 zone, a great area on this market to look for bullish evidence and a potential move to the upside from this area.
Last week NZDUSD broke above the important 0.7290 zone ( 0.73 zone ) on this market and closed above this important area.
Above – Highlighting on USDCAD this week the 1.3120 zone as a great area to the upside on this market to look for bearish evidence and a potential move to the downside from this area.
Midweek Forex Reviews
Come back and check this space for potential upcoming Midweek Reviews in the week ahead. They will be added here.
Have a great trading week everyone and Happy Trading.