Weekly Forex Review – 15th to the 19th of February

Welcome to this week’s edition of the Weekly Forex Outlook and Review, this edition this week for the 15th to the 19th of February Forex Market. 15 pairs and markets analysed this week in the review, including highlighting potential high probability opportunity zones, management points and targets.

Pairs and Markets Analysed this Week: EURUSD, GBPUSD, AUDUSD ( 4 Hour ), NZDUSD ( 4 Hour ), USDJPY, USDCHF, Silver, Gold, AUDCAD, GBPAUD, AUDNZD ( 4 Hour ), GBPNZD, GBPCAD, EURAUD and EURCAD.

Another nice performing week in the market last week with many markets moving as expected from the previous highlighted important zones. To name a few of those markets; EURUSD pulling back into the 1.1116 zone and moving higher, NZDUSD retesting the 0.67 zone and moving lower, USDCHF hitting it’s long term target of the 0.98 zone from the previously highlight 1.0225 to 1.0240 zone ( bearish evidence zone highlighted in this review ) and AUDNZD moving higher from the 1.0570 zone.

Expecting another great week in the market ahead with plenty of potential opportunities. Main opportunity zones highlighted this week in the review are Trend Continuation type zones.

 
Above Video – Weekly Forex Outlook and Review for the 15th to the 19th of February 2016.

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EURUSD daily important areas

Above – Two zones on EURUSD highlighted this week in the review:

  1.  The 1.1440 zone as a potential management point and target to the upside for those holding buy trades on this market and also a great area to look for bearish evidence next on this market and a potential move to the downside.
  2. The 1.1116 zone as a great pullback area on this market if the market tests this area next week to look for bullish evidence and a potential move to the upside on this market.

Last week this market performed really well once again pulling back into last week’s highlighted zone ( the 1.1116 zone ) and moving higher from this important area.

GBPUSD daily important areas

Above – This week on GBPUSD I highlight a potential pullback zone on this market if the market tests this zone next week, that zone is the 1.4650 zone, an area on this market to look for bearish evidence and a potential move to the downside from this important area.

AUDUSD 4 hour important areas

Above – Two zones highlighted on AUDUSD this week;

  1. The 0.72 zone as an area to look for bearish evidence and a potential move to the downside from this important area.
  2. The 0.6940 zone as an area to look for bullish evidence and a potential move to the upside from this important area.

Silver daily important areas

Above – Highlighting on Silver this week a potential pullback zone on this market, a potential area if the market pulls back to this area this week to look for bullish evidence and a potential move to the upside on this market. That zone is the 15.40 zone on this market.

EURAUD daily important areas

Above – Highlighting on EURAUD this week a potential pullback zone on this market if the market tests this area this week, that zone is the 1.5630 zone, a great area on this market to look for bullish evidence and a potential move to the upside on this market.

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. As usual Timon, thanks for sharing your insights. Have a great trading week.
    Regards,
    Nazeem

  2. Appreciate your review always.

  3. Thanks Timon, good engulfing course, enjoying trading better, not as stressed.
    Also, the weekly videos on utube are the best on utube.
    Cheers regds Lee

  4. Mike Conlin says:

    Hi Timon
    Great trading this last week. Marlene traded GBP/USD Thursday $1500 converted to ZAR not too shabby. Thanks for your great tips as always.
    Mike

  5. Thanks Timon, have a great week.

  6. Thanks for sharing your insights.

  7. Your weekly forex reviews is always great and much appreciated.

    Ruth

  8. Thank you Timon for another awesome review.
    Cheers and regards,

  9. Hi Timon…..just curious why you use the 4 hour charts for the Aussie and Kiwi pairs but dailys for all the others? Not a criticism, just an enquiring mind. Your weekly reviews are great……keep up the good work.

    • Hey Steve,
      Yeah good question. All the markets I cover in the review are highlighting daily or weekly zones however sometimes I cover markets on the 4 hour showing these important areas on that time frame. Sometimes I will also show on 1 hour as well, however have not covered that time frame for a few months now in the reviews.
      This question also relates to this question as well: Can I look for evidence at these important daily or weekly zones on the 4 hour or 1 hour time frame or similar? The answer is yes.
      Thanks for the feedback, have a great trading week!

      • re: “Can I look for evidence at these important daily or weekly zones on the 4 hour or 1 hour time frame or similar? The answer is yes.”

        Cool, thanks, that was my question too.

  10. Thanks for the continued weekly updates Timon – very helpful.
    Getting ready for the week ahead now! Keep it up.

    Cheers,
    John

  11. Thanks for your excellent review!

  12. That was a marathon review; totally appreciated! Thanks alot!

  13. Thank you again for this detailed analysis! Have a great Trading week!

  14. Hi Timon.
    This is like a dream of the night for me. I stumbled on your site last week friday.
    This is awesome. God bless you in Billions fold.

  15. Thanks again for a great review. Have a great week everyone.

  16. Faran khan says:

    Hi Timon ur review is as fabulous as always. thanks for sharing.

  17. Hey Timon
    Another good weekly review, have a great trading week!

  18. `Thks Timon. Have a nice week.

  19. Thank you for the video! I look forward to them every Saturday!

  20. Thank you Timon for an excellent weekly review. Last week the market seemed to be taking a breather from the busy first week in February. Just patiently waiting for any potential moves in the market such as the EURGBP off the weekly zone you previously highlighted. Cheers mate JOhnR

  21. Hello timon. Hey thank you for what you do for the forex community. I have a question about eur/usd on the dailey. Looks like it is forming a bearish flag. Do you think so to? If so possible can you do an update?

  22. Sorry I saw the flag on the 15 min time frame. do you think this is a short movement and that it will still go up on the dailey?

  23. Thank you for the review. Do you publish these reviews weekly?

    • You’re welcome Senejani.
      Yes, I publish a new Forex Review every week at the website and the channel, only exception was last week’s review as I was away from the office.
      To be updated of these review updates via email consider subscribing to email updates.
      Regards,

  24. Thanks for the excellent sharing of information. I have a small question. What is the zoom level of your charts?. I realise that zoom level can alter the perspective of the chart. Thanks again.

  25. Thank you so much..for all your reviews.

    You are sorely missed. …
    Hope you have a great trading week.
    Sincerely,
    Donna

  26. Hi Timon

    What has happened to your weekly setups

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