Welcome to this week’s edition of the Weekly Forex Outlook and Review, this edition of the review this week for the 25th to the 29th of July Forex Market. 8 markets analysed this week including highlighting 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 ( 4 Hour ), AUDNZD ( Daily ), USDCHF ( Daily ), CADCHF ( Daily ), NZDUSD ( 4 Hour ), Gold ( Daily ) and Silver ( 4 Hour ).
Expecting a great week in the market 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 25th to the 29th of July.
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 on GBPUSD a potential pullback zone on this market, where I would be interested in looking for bearish evidence if the market tests this zone again this week and potential moves to the downside from this area. That zone area is the 1.3425 zone. While the market is below this area my bias is bearish on pullbacks on this market, however if the market can break above and close above this important area ( previous pullback highs at the 1.3425 zone ) then in preference I would be look for pullback zones to the downside and bullish evidence on this market.
Above – Area of interest highlighted this week on CADCHF is the 0.7450 zone, an area that I am interested in looking for bullish evidence if the market tests this area this week and a potential move to the upside from this important area. This is an area on this market that has acted as support multiple times in the recent past and given a lot of strong moves to the upside from this area, as well as an area that has acted as strong resistance on this market.
Above – Highlighting on gold this week a potential pullback zone, that zone is the 1294 zone, an area that I am interested in looking for bullish evidence on this market and a potential move to the upside from this area. The 1294 zone was an area on this market in the past that was significant resistance and because of this reason it should be a great area next to the downside to look for bullish opportunities 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.