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

Welcome to this week’s edition of the Weekly Forex Outlook and Review, this edition this week for the 15th to the 19th of May Forex Market. Aspects highlighted in the review include highlighting potential opportunity areas in the market ( high probability trend continuation zones and counter trend zones ), management points and targets. Plus, I take a look at how the price action moved on a number of different markets last week.

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

Midweek Forex Review: Analysing and highlighting potential trading areas on GBPJPY, EURAUD and Gold

Expecting a great week in the market with plenty of potential opportunities.

 
Above Video – Weekly Forex Outlook and Review for the 15th to the 19th of May Forex Market

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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 trading zones

Above – Highlighting on AUDUSD this week two potential zones:

  1. The 0.7326 zone area as a potential area on this market to look for bullish evidence and a potential move to the upside from this area.
  2. The 0.7492 zone area as a potential area on this market to look for bearish evidence and a potential move to the downside from this area.

gbpaud 4 hour zones

Above – Highlighting on GBPAUD this week a potential pullback area on this market, a great area on this market to look for bullish evidence and a potential move to the upside from this area. That area is the 1.7123 zone area, an area that gave a great buying opportunity on the previous test of this important area.

Last week GBPAUD performed well hitting the long term target area ( 1.7626 zone area ) as shown in this comment review update on this market.

silver daily trading areas

Above – Highlighting on Silver this week two potential zones:

  1. The 17.12 zone area as a potential area on this market to look for bearish evidence and a potential move to the downside from this area.
  2. The 15.89 zone area as a potential area on this market to look for bullish evidence and a potential move to the upside from this area.

usdcad daily trading areas

Above – Highlighting on USDCAD this week a potential pullback area ( the 1.3570 zone area ) on this market, a great area on this market to look for bullish evidence and a potential move to the upside from this area.

usdjpy daily trading zone area 112

Above – Highlighting on USDJPY this week a potential pullback area on this market, the 112.12 zone area, 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.
They will be added below. Have great trading week everyone and Happy Trading.

Midweek Forex Review: Analysing and highlighting potential trading areas on GBPJPY, EURAUD and Gold

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 Timon

    I really appreciate your weekly reviews..:)

  2. Silvano Tittoto says:

    Hi Timon,
    Thanks for the review.
    Regarding USDCHF are you thinking the pullback to 0.9862 area looking for bullish evidence?
    cheers
    Silvano

    • Hey Silvano,
      You’re welcome.
      My bias on that market is ( USDCHF ):
      1. Looking for bearish opportunities in the 1.0070 zone area, this area recently gave a strong move lower from this area on the recent test.
      2. Looking for bullish opportunities in the 0.09865 zone area.
      Regards,
      Timon

  3. Thanks Timon, you made my week! great reviews

  4. Nice review as always….. thank you, sir.

  5. Hi Timon
    Thanks for weekly reviews.

  6. U r simply da best sir nd m proud to say tht cz u r a game changer

  7. Woooh. txn Timon Weller! I had a great trading last week. Multiplied my equity by 6.67. You are just the best Timon. Looking forward to buying the 5 Day Trend Trading Series soon.

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

  9. Winston Drayton says:

    Your timing for the release of these reviews is so helpful. I could really set up for an eventful and profitable week. Thanks a mil

  10. Thanks Timon, great review as usual.

  11. Thanks Timon, Well done.

  12. Great review as always, thanks again Timon, have a great week.

  13. Simon Tao says:

    The nice thing is your training is enabling me to concur with your reviews – gives confidence and just took profit on silver and gold for massive pip take from bottom to just bailing at structure. many thanks mr Weller !!!

    ps love to see you perform live in a webinar training !!

  14. Shanti Rajathurai says:

    Thanks great job.

  15. YasserOmran says:

    Straight, clear, serious, accurate and professional.
    Thanks is not enough for you, you are a Professor of Forex.

  16. INNOCENT MPANGERU says:

    GREAT ANALYSIS …I DID YOUR ENGULFING COURSE ITS SUPERB I LOOK AT IT EVERY WEEKEND WHEN I HAVE TIME, I ALWAYS LOOK AT THE PDF NOTES BASICALLY EVERYDAY SINCE ITS PART OF MY TRADING PLAN….YOU SIMPLIFY TRADING YOU THE BEST BRO !!!!

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