Weekly Forex Review – 8th to the 12th of February

Welcome back everyone to this week’s edition of the Weekly Forex Outlook and Review, this week’s edition covering analysis of the Forex Market for the 8th to the 12th of February 2016. 13 pairs and markets covered this week in the review analyzing potential zones, management points and potential targets.

Pairs and Markets Analysed this Week: EURUSD, GBPUSD, AUDUSD ( 4 Hour ), NZDUSD ( 4 Hour ), USDJPY, USDCHF, Silver, Gold, AUDCAD, GBPAUD, AUDNZD, EURGBP ( weekly ) and CHFJPY.

Another great performing week in the Forex Market last week with many markets moving strongly from the previous week’s highlighted zones. To name a few of those performing markets: EURUSD being a great performer moving all the way to the 1.1116 zone and breaking above this important area, AUDUSD moving to it’s long term target and then finding weakness at the 0.72 zone, NZDUSD performed much the same hitting it’s long term target at the 0.67 zone and then finding weakness, USDCHF declined strongly from last week’s 1.0225 highlighted zone, AUDNZD moved as expected declining from the 1.09 zone and Gold continued higher to test and break above the 1150 zone ( long term previously highlighted target on this market to the upside from the 1080 zone ).

As for this week, I am expecting another 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 8th to the 12th of February 2016.

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Above – USDCHF moving strongly lower from the 1.0225 zone last week, an area highlighted in last week’s review to look for bearish evidence and a potential move to the downside on this market from this important zone. As for this week in the review I highlight the 0.98 zone as a great management point and target to the downside for those holding sell trades on this market and also highlight that this is a great area on this market if the market tests this zone next week to look for bullish evidence and a potential move to the upside on this market.


Above – Highlighting this week on AUDNZD a potential management point and target to the downside on this market for those holding sell trades on this market and area next on this market to look for bullish evidence and a potential move to the upside on this market. That zone is the 1.0570 zone.

Last week AUDNZD performed really well from last week’s highlighted zone which was the 1.09 zone, an area highlighted in last week’s review to look for bearish evidence and a potential move to the downside on this market.


Above – Highlighting two zones on EURGBP Weekly Chart this week in the review: The 0.74 zone as an area to look for bullish evidence and a potential move to the upside on this market from this important zone and the 0.7755 zone as an area on this market to look for bearish evidence and a potential move to the downside on this market from this important zone.


Above – Highlighting on CHFJPY a potential continuation zone on this market, that zone is the 119.000 zone, an area on this market to look for bearish evidence if the market pulls back to this zone this week and a potential move to the downside 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.


  1. Nice trade, been a wonderful review.

    • Thanks Fred, have a great trading week.

    • Hi Timon,
      Was with a Sydney based forex broker. They had a great trader who basically used your methodology and traded longer time frames They stated last year their return was 127%. I had a considerable amount with them. They sacked this trader and scalped using a robot. The trades were always losers. They made their money on the spreads, up to 100 trades per day.This company, Synergy FX made what appeared to me to be false and misleading statements saying that all trades were done by a human and they didn’t scalp. I can provide live statement which would make it appear otherwise. I am compiling a case for ASIC against them.needless to say, I will be trading with another company, manually using Timons methodology. There have been absolutely no good reports about Synergy FX on any Forum.
      Thanks Timon, keep up the good works.

  2. Last week I made $1200 solely from your recommendations! Keep up the great work and thanks. Timon, you rock!!

  3. Thanks Timon, always a pleasure watching your reviews. Just wondering if you have a Forex group on Skype? If so, I would be interested to join.
    Have a great trading week.

  4. Timon, great reviews and forecasts, now I follow over a month, really useful. I missed the EUR/AUD pair, what do you think? How long the EUR can go? anyway in the last week the news took part of my profit. Do you follow the news, Timon? ( I mean close, change positions because of news ) How do you see the “relationship” between EUR/USD = EUR/AUD * AUD/USD ? Which pair could put more pressure for the others?
    Thank you for the videos!

  5. Mike Conlin says:

    Hi Tim
    Great trades last week. Still very new to this, but definitely making headway with your info. Thanks for your input.

  6. Hey Timon,
    By far the best price action mentor with the easiest products to learn.

    Thanks 🙂 and for your weekly review.

  7. Thanks timon. very great review, yes made some good pips on audnzd last week. Appreciate your review always.

  8. Hey Timon,
    Just letting you know your knowledge on the eur/usd went against the LTG GoldRock recommendation and they were stopped out and you were correct. Well done.
    Price Action is Key!
    Engulfing Trader course here i come!! “)

  9. Another great review, I am Very Grateful for your time & clarity, Please keep it coming!!
    I am flying out to the Sunshine Coast & the Gold coast for a few months from the UK will be enjoying your Sunshine.
    Well Done Timon, Take care.
    Jerry……. Lincoln UK

    • Thanks Jerry, I appreciate the feedback. Yeah I will do.
      By the way, enjoy your time in sunny Sunshine Coast and the Gold Coast. A good time for the beach this time of the year at those locations. 🙂

  10. Thank you Timon for an excellent weekly review. Wow, what a great previous week. Grateful for the heads up for EURUSD, AUDUSD ,NZDUSD, USDCAD, USDCHF and AUDNZD again giving another excellent move. Opened trades with EURCAD & GBPUSD late Friday and see if it continues to a new high. Also traded some of the JPY pairs with mixed results. Thanks for reviewing EURGBP as I have a buy trade and will now be watching the 0.7755 zone as highlighted in the review. The problem with having a successful trading week is it creates over confidence and I usually go on and make some really stupid trades .Discipline! Discipline! Discipline! Cheers mate. JOhnR

    • You’re welcome John, thanks. Yeah I agree, a great week, so many strong moves in the market.
      Yeah, over confidence can cause a trader to break rules. I always recommend sticking to the trading plan and to not let emotions get involved too much in the trading process.
      Have a great trading week.

  11. Timon, as always the information you share with us
    is an invaluable source of information,
    many thanks.

  12. Hi Timon,
    This is the second week that I am following. You made it look so clean. Awesome work!

  13. Hi Timon,

    After spending thousands of Dollars on Forex training elsewhere I realized I was’t getting anywhere. That’s when I found your price-action course and recently bought it. You made it so affordable and yet provided a wealth of information. I think I found the right place to hangout which will benefit my Forex trading. I am going to recommend my friends to your site. Thank you my friend you are doing a wonderful job. I am planning to buy your other courses once I master the price action.

    Thank you!


  14. Awesome trade review Timon….thanks for all efforts!

  15. Hey Timon
    Another great weekly review, much appreciated! have a great week

  16. Thanks Timon,
    As always Very good reviews.

  17. Hello, Timon I would ask what are your thoughts on USD/CAD I have been trading this pair for a short time and to me it looks like it is starting another run up.

  18. Faran khan says:

    hii sir last week was a massive trading week due to your glorious price action review and hope for the current week also and a bundle of thanks for sharing your valuable experience.
    Thanks and Regards
    Faran Khan

  19. Hi,
    Thanks for sharing this great analysis .. it helped me a lot …

  20. Thanks Timon once again, had a great week as expected…. following your price action + high degree of patience + Money Management
    = Success almost in every trade.
    Appreciated Work.
    Have a great trading week ahead.

  21. Thanks Timon, great stuff.

  22. Hi Timon

    Its been quite a while. I can see you’re doing great. Really cool reviews. Thanks and bless your good heart.


  23. Ken McInnes says:

    Thank you, Timon!! your sophisticated guidance is always appreciated.

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