Weekly Forex Review – 7th to the 11th of March

Welcome back everyone to another edition of the Weekly Forex Outlook and Review, this edition of the review this week for the 7th to the 11th of March 2016. Many Markets and Pairs covered and analysed in the review including highlighting potential high probability opportunity zones, management points and targets.

Pairs and Markets Analysed this Week in the Review: EURUSD, GBPUSD, AUDUSD, NZDUSD, USDJPY, USDCHF, Silver, Gold ( 4 Hour ), GBPAUD, EURAUD, AUDNZD ( 4 Hour ), CHFJPY and NZDJPY.

Some of last week’s price action highlights: EURUSD testing the 1.0830 zone and moving higher as expected, a zone highlighted last week in the review to look for bullish evidence and a potential move to the upside on this market. USDCHF testing the 1.00 zone and moving lower as expected, a zone highlighted last week in the review to look for bearish evidence and a potential move to the downside on this market.

As for this week in the market: I am expecting another week with plenty of potential opportunities ahead in the market, in particular trend continuation type opportunities. Main opportunity zones highlighted this week in the review are trend continuation type zones.

Above Video – Weekly Forex Outlook and Review for the 7th to the 11th of March 2016.

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EURUSD daily areas of focus

Above – This week on EURUSD I highlight a potential management point and target to the upside on this market for all those holding buy trades on this market from last week’s highlighted zone ( the 1.0830 zone ). That zone is the 1.1118 zone, an area on this market to look for bearish evidence and potential moves to the downside on this market.

How this market performed last week: EURUSD was a great performing market last week testing last week’s highlighted zone in the review of 1.0830 and moving higher from this important area.

GBPUSD daily areas of focus

Above –  The area highlighted this week on GBPUSD is the 1.4250 pullback zone area where the market is testing right now, an area on this market to look for bearish evidence and a potential continuation to the downside on this market from this area.

Last week on this Market: GBPUSD last week pulling back strongly from the 1.3850 weekly zone area.

NZDUSD daily areas of focus

Above – Highlighting this week on NZDUSD the 0.6866 zone, an area on this market to look for bearish evidence and a potential move to the downside on this market if the market tests this zone this week.


Gold 4 hour areas of focus

Above – Highlighting on Gold this week in the review two potential pullback and continuation zones on this market to the downside to look for bullish evidence.

Great Performer: Gold has been a great performing market over the last couple of months of price action giving plenty of bullish opportunities to the upside on this market. Starting all the way back from the previous highlighted zone on this market of the 1080 zone, an area highlighted to look for bullish evidence in the past on this market back in the 18th of January Review.

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.


  1. Thanks for the review, glad to always watch ur analysis.

  2. Great, great and extremely helpful, thanks so much

  3. Roger Carey says:

    Another great review, thanks Tim. I feel lucky to get your weekly reviews, keep up the good work.

  4. Hugo Rugge says:

    Great review as always , thx for your work Timon.

  5. Hugo Rugge says:

    Hi Timon, would have loved your thoughts on EURGBP, engulfing bar on the weekly with a IB/fakeout on the daily for a possible short? Regards Hugo

    • Hey Hugo,
      A couple of points I will highlight on this market to be aware of.
      While on the weekly EURGBP tested a weekly zone recently, on the daily it is pulling back and testing a potential bullish trend continuation type zone in the uptrend ( area to look for bullish evidence ).
      One way of aligning both views would be to see if market breaks below the daily low and pulls back as resistance like shown in screenshot below. That way, aligning on both time frames bearish view.



      • Hugo Rugge says:

        Thanks for your reply , i’m counting on the weekly engulfing bar , as a start of a downward trend or at least a retracement to support level around 0.745 , time will tell, happy trading! regards Hugo

  6. I start to wait for your reviews from a week to another. In fact your reviews is the map of the coming week.
    Thank you Timon for sharing your knowledge with us.
    Much apreciated


  8. Another Great review. Very helpful indeed. Thank you Timon. I am very happy I found your website.

  9. Thorben says:

    Thank you so much for your excellent work! Like Rabih said, every weekend I’m also waiting for your review to plan my trading week.
    Much appreciated

  10. Another great review of the markets; goes without saying many thanks!

  11. Very Nice, appreciated….

  12. Craig Donald says:

    Thank you so much Timon, really useful.

  13. Vincent says:

    Thanks again for the review..appreciate your hard work…cheers

  14. Dana Andrews says:

    I always look forward to your reviews. You are such a breath of fresh air. Trades that actually work. Thank you for your time and insight to the markets.

  15. Thanks again Timon – I base my weeks trading around this review. Much appreciated!!

  16. Hey Timon
    Thanks for the review, good as usual.

  17. Thanks for you your review Timon,
    As always much appreciated.
    Have a great week trading

  18. Preston says:

    Thank You, Timon
    I look forward to these every week, its like getting a special delivery.

  19. Sameer S says:

    Hi Timon,
    Thank you very much for weekly review on forex. Happy trading.

    Sameer S.

  20. Haji Zul says:

    Hi Tim,

    just want to give opinion..

    lets say your target R:R 1:4..

    why dont you build script that can manage something like.. 1st TP 50%, 2nd TP 40%, 3rd TP 30% 4rd TP 30%.. and also calculate risk% example using 1% of risk money to trade.

    Thank you

    • Hey Haji,
      Hope you are doing well, thanks for the feedback.
      There are plenty of scripts that exist that do just that on MT4 already. MT4 Money Manager being one example which you could check out.
      The main trading platform I use to trade the market is Ctrader, this platform has in inbuilt management feature that can be set on each trade manually such as multiple partial profit levels, future break-even levels etc.
      This is good as often each trade is a little different based on opposing structure aspects.

  21. Christopher says:

    Great review. I like the “If and Then” scenarios. One should never take your eye off the market’s next potential move.
    Have a great week.

  22. Mustafe says:

    Can you do or include any analysis for hourly trades?

  23. Awesome review. You are the best Timon!

  24. giorgio says:

    HI, TY Simon for all ::)
    What do you think about Crude Oil WTI?

  25. Vince Pavia says:

    Timon are the trading charts preset to download on Mt4.
    Do we have to configure anything or are they ready to go after downloaded ?
    what about time zone setting?

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