Weekly Forex Review – 13th to the 17th of June

Welcome everyone to this week’s edition of the Weekly Forex Outlook and Review, this edition this week for the 13th to the 17th of June Forex Market. 12 markets analysed this week highlighting potential opportunity zones, areas to look for evidence and potential moves from these important areas and potential management points and targets.

Pairs and Markets Analysed this Week: EURUSD, GBPUSD, AUDUSD,  NZDUSD ( 4 Hour ), CADCHF, USDJPY, USDCHF, USDCAD, AUDCAD, Gold, Silver and CHFJPY.

As discussed in the beginning of the review this week, over the next couple of week’s I am expecting extra volatility in the market, this is due to a lot of upcoming major news events this week, in particular on Thursday the 16th of June ( Australian Time ) and also because of the lead up to the British referendum ( commonly referred to as Brexit ) which is the following week on the 23rd of June. Because of this combination of upcoming factors I recommend to traders trading during this period to reduce risk and exposure on their trading account.

Update – I will not be doing a review for the 20th to the 24th of June 2016 due to the upcoming UK referendum vote that week. I am expecting this will cause huge amounts of volatility ( and unexpected moves ) in the market and so is best avoided for trading during this period.

Opportunity zones highlighted this week in the review are high probability Trend Continuation Zones and Counter Trend Zones.

 
Above Video – Weekly Forex Outlook and Review for the 13th to the 17th of June 2016.

Are You Looking for an Effective Trading Strategy?

If so, then I highly recommend checking out our Forex Training Page. On that page are four current Training Series available. The Engulfing Trader Series for important high probability trading training, The 5 Day Trend Training Series for trend trading training and the more recent training release called The Candlestick Training Series for multiple candlestick trading and evaluating potential reward.

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

audusd daily zones

Above – Highlighting on AUDUSD this week the 0.7360 zone as a potential area to the downside on this market to look for bullish evidence and a potential move to the upside on this market from this area. For a larger screenshot view of this market click here or on the image.

usdcad daily zones

Above – Highlighting on USDCAD the 1.2930 zone as a potential pullback zone on this market to the upside and area to look for bearish evidence and a potential move to the downside if the market tests this important area this week.

silver daily zones

Above – Highlighting on Silver a potential management point and target to the upside on this market for traders still holding buy trades on this market and area next to the upside to look for bearish evidence and a potential move to the downside from this area. That area is the 17.80 zone.

chfjpy daily zones

Above – Highlighting on CHFJPY this week a potential pullback zone on this market and area to the upside to look for bearish evidence and a potential move to the downside on this market. That area is the 112.30 zone.

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.

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. Thanks for your review this morning Timon. You covered a lot of pairs today. Thanks.
    Have a great week.

  2. Thanks Timon, have great trading week.

  3. Great video as always Timon, good man, thanks very much.

  4. Vincent Foo says:

    Thanks again Timon, appreciate…

  5. Hey Timon
    For some reason I was only able to get audio and no picture? Appreciate the review. Have a good week

  6. A great help and good advice around the volatility in next few weeks…thanks again!

  7. Awesome chart analysis Timon. Keep it up!

  8. Ishtiaque H Shah says:

    Hi Timon,
    I listen to your first couple of reviews and observed results. All was very accurate and will try this week myself:) I will be back with my comments.

  9. Ishtiaque H Shah says:

    Appreciate your dedication and reviews for beginners:)

  10. Great review Timon! Happy trading.

  11. Tomislav says:

    Very helpful. Thank you Timon.

  12. Thanks for the review.

  13. Ken McInnes says:

    Thank you, Timon! I appreciate your hard work on our behalf!

  14. Thanks Timon for another great review for the week. Much appreciated.

  15. Thank you Timon for your excellent weekly review and for highlighting the expected volatility in the markets for the foreseeable future. Cheers mate. JOhnR

  16. Thank you!
    Your videos Rock!

  17. Thank you for the video’s, this was good and helpful as always.

  18. Stanley says:

    Thanks a lot Timon, and God bless

  19. Thanks again Timon – keep up the good work and have a good week!!

  20. Cheers Mate, Great stuff as usual!

  21. Macdonald says:

    Timon,

    I did not see the update as usual for 20th. I do hope all is well. You have been very helpful and I quite appreciate all that you do. Thanks once again.

    • Hey Macdonald,
      All is fine, thanks for asking, there was no review for that week due to the ‘British referendum vote’ on the 23rd of June in the UK.
      There will be a review for this week however for the 27th of June to the 1st of July.
      This will be on the website tomorrow afternoon.
      Regards,

  22. Macdonald says:

    Timon,

    I did not see the weekly update as usual for 20th. I do hope all is well. You have been very helpful and I quite appreciate all that you do. Thanks once again.

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