Welcome to this week’s edition of the Weekly Forex Outlook and Review, this edition this week for the 15th to the 19th of August 2016 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 ( Daily ), GBPUSD ( Daily), AUDUSD ( Daily ), NZDUSD ( 4 Hour ), Silver ( 4 Hour ),EURAUD ( 1 hour ), USDCAD ( Daily ), AUDNZD ( Daily ) and USDCHF ( Daily ).
Expecting a great week in the market this week with plenty of potential opportunities. Main opportunity zones highlighted in the review are Trend Continuation type zones.
Above Video – Weekly Forex Outlook and Review for the 15th to the 19th of August.
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.
Above – Highlighting two zones on NZDUSD that are of interest this week:
- The 0.71 zone as a area to look for bullish evidence and a potential move to the upside
- The 0.7270 zone as a area to look for bearish evidence and a potential move to the downside
Above – NZDUSD 4 Hour Zoomed Out.
Above – Highlighting on Silver this week that I am interested in looking for bullish evidence and potential moves to the upside from the 19.40 zone on this market. This is also a zone that has acted as strong support multiple times on this market and a area that I have highlighted multiple times in previous reviews.
Above – Highlighting on USDCAD the 1.2870 zone, an area that if the market tests this area this week that I am interested in looking for bullish evidence on this market and a potential move to the upside 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.