Weekly Forex Review – 30th of May to the 3rd of June

Welcome to this weeks edition of the Weekly Forex Outlook and Review, this edition of the review for the 30th of May to the 3rd of June 2016. Aspects highlighted this week in the review include highlighting potential opportunity zones, areas to to look for evidence and potential moves in the market, management point areas and targets.

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

Overall, expecting a great week in the market with plenty of potential opportunities. Main opportunity zones and important structure areas highlighted this week in the review are Trend Continuation type zones.

 
Above Video – Weekly Forex Outlook and Review for the 30th of May to the 3rd of June 2016.

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NZDUSD important structure areas this week

Above – Highlighting a potential pullback zone on NZDUSD 4 Hour this week, that zone is the 0.6840 zone, a great area on this market if the market tests this zone this week to look for bearish evidence and a potential move to the downside from this important area.

USDCHF important structure areas this week

Above – Highlighting on USDCHF this week two potential zones:

  1. The 1.00 zone as a great area to the upside to look for bearish evidence and a potential move to the downside on this market from this important area.
  2. The 0.98 zone as a great area to the downside on this market to look for bullish evidence and a potential move to the upside from this important area.

EURAUD important structure areas this week

Above – Highlighting on EURAUD the 1.5250 zone as a great area on this market if the market tests this area this week to look for bullish evidence and a potential move to the upside on this market.

CHFJPY important structure areas this week

Above – Highlighting on CHFJPY this week a potential pullback zone to the upside on this market, that zone is the 112.40 zone, an area highlighted to look for bearish evidence if the market pulls back to this area this week and a potential move to the downside from this important area.

gold important structure areas this week

Above – Highlighting on Gold this week where the market is testing as 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. Thanks Timon,
    Have a great trading week. cheers, John.

  2. Greg Downton says:

    Thanks Timon for your weekly review of the markets. As always it is very much appreciated mate! Cheers!

  3. Great video Timon, love your set ups, thank you.

  4. Very impressed, straight forward and right to the point. Seems to be no BS, and that’s great. Are you using MT4?
    Keep on the good side, of the trades, Timon.

    All the best
    Bill

  5. Hi Timon another great review thanks I always look forward to Sunday to catch up.
    Will be over your way next week to the Sunshine Coast to be with Family & no 1 grandson.
    Really do appreciate all your efforts & the way you present.
    I like your style.

    Jerry Lincoln UK

  6. Vincent says:

    Thanks Timon, always the best.

  7. Timon, thank you for being a breath of fresh air in the forex market. Your style is straight forward and can be understood by the newest of traders. Never understood why you would take a trade after the horse left the barn. Indicators especially for newer traders just clutters up the charts. Price tells you all you need to know.

  8. Great review. good trading!!

  9. Preston says:

    Thank you!

  10. Thanks for another great review Timon.

    I was wondering if I could get your opinion on something. New York close charts or UK GMT 00.00 charts. Always a lot of debate on which one is the best to trade on.

    Thanks again for the work and the time you put into doing your weekly videos to help us become better traders.

  11. Very good for the forecast. The only problem was nowadays, those broker out there like oanda.com only offer 1:40 leverage ratio, which I think need to put out 10,000 lot in order to get US$1 move for 1 pips.

  12. Thank you Timon for an excellent weekly review. I have closed most of my longer term trades. I am not sure how the Brexit vote on June 23 will go here in the UK. It is unpredictable. Whatever the result, I feel the market will react sharply. Cheers mate. JOhnR

  13. Sunil Malhotra says:

    Thanks Timon, for your unrelenting commitment to putting out your trading knowledge for the benefit of others. Great job, mate. Kind regards, Sunil, NZ.

  14. As always great insights into some potential trades. Very much appreciated.

  15. Barrie Strong says:

    I think AUD may reverse against NZD and JPY. Anyways, thanks again Timon.

  16. I love your videos, simply the best I’ve seen out there and very easy to understand

  17. Senejani says:

    Hi Timon.

    Thank you for great weekly post. I am in big profits in Gold. Entry was at 1211 zone after seeing a bullish signal. I am now waiting for price to reach 1262 zone and watch for any bullish continuation or might close the trade if I see any bearish signals.

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