Weekly Forex Review – 5th to the 9th of June

Welcome back everyone to this week’s edition of the Weekly Forex Outlook and Review, this edition this week for the 5th to the 9th of June Forex Market. Aspects highlighted in the video review include highlighting a number of important opportunity areas ( trading areas ), management points and targets.

Also, I take a look at how the price action moved last week on a number of different markets.

Pairs and Markets Analysed this Week: EURUSD ( 4 Hour ), AUDUSD, USDJPY ( 4 Hour ), USDCAD, EURNZD, Gold, CHFJPY and EURJPY ( 4 Hour ).

I will not be covering British Pound markets this week due to the upcoming general election in the UK on the 8th of June. Be aware that for those considering trading pound based markets this week that this upcoming event can cause extra volatility in these markets. For other economic events this week click here.

Both trend continuation zones and counter trend zones highlighted this week in the review.

 
Above Video – Weekly Forex Outlook and Review for the 5th to the 9th of June 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.

EURUSD 4 hour zones

Above – Highlighting on EURUSD this week a potential long term target area ( the 1.1363 zone area ) for those holding buy trades on this market as well as a great area to look for bearish evidence and a potential move to the downside from this area.

EURUSD performed well last week testing the 1.1125 zone area and moving higher from that area, a potential bullish evidence area that I highlighted last week in the review.

usdcad daily zones

Above – Highlighting on USDCAD a potential pullback area which is the 1.3566 zone area as a great area on this market to look for bearish evidence ( and bearish opportunities ) and a potential move to the downside from this area.

gold daily zones

Above – Highlighting on Gold this week two potential zones:

  1. The 1293 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 1250 zone area as a potential 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.

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. Thank you Timon for an excellent weekly review.

  2. Thanks Timon and have a great week.:)

  3. Barrie Strong says:

    Always very useful Timon….many thanks.

  4. Once again, thank you, Tim, for sharing your weekly forex review.

  5. Rick Bethsold says:

    Thanks Timon, may the pips be with you! 🙂

  6. Thanks Timon. I am a new subscriber to your ENGULFING SERVICE AND YOU HAVE MADE ME A BELIEVER IN THE SERVICE. I will report back to you after another week of demo testing.

  7. Thks Timon
    Have a nice week!

  8. Thank you Timon, great weekly review, i had a hard day Friday but hope this week…..

  9. Russ Weaver says:

    Thanks for this weeks outlook Timon, I must be getting better i had the EURUSD planed out for that target area ( the 1.1363 zone area ) then received your Weekly Forex Outlook and Review email, nice to see confirmation thank’s.

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

  11. Thanks Timon, great job done. Can you please help me with USDCHF?

    • You’re welcome Robert, thanks.
      Yeah sure, this market recently broke below and closed below the 0.97 zone area.

      Below is my current chart view of this market. The 0.97 zone area is now a potential bearish evidence ( bearish opportunity area ) pullback area now that this market has broken below this area and the 0.9540 zone area is a potential bullish evidence ( bullish opportunity area ) area.

      Above – USDCHF Daily – click screenshot above for larger view of this market

  12. Thanks Timon, Well done

  13. Hey Timon
    Another great weekly review- much appreciated
    Have a profitable trading week

  14. Thanks Timon, brilliant as usual.

  15. Hi Timon,

    Thank you for your excellent review!

    Great Trading to you 🙂

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