Midweek Forex Review – AUDUSD, NZDUSD, USDCAD and AUDNZD

In the review today, I take a look at AUDUSD, NZDUSD, USDCAD and AUDNZD and analyse some important areas to be aware of next on these markets, areas where you can look for evidence and potential opportunities.

AUDUSD: Highlighting a management point and target to the downside for those holding sell trades on this market and area next to the downside to look for bullish evidence and a potential move to the upside.
NZDUSD: Highlighting where the market is just starting to test ( the 0.7020 zone area ) as a long term target for those that have been selling this market and a potential area next to look for bullish evidence and a potential move to the upside on this market.
USDCAD: Highlighting a potential zone to the upside on this market, an area that has acted as strong resistance multiple times, that area is the 1.3070 zone, an area highlighted to look for bearish evidence on tests of this important area and potential moves to the downside.
AUDNZD: Highlighting on AUDNZD a potential area to the downside to look for bullish evidence and a potential move to the upside on this market.

Above Video – Midweek Forex Review covering AUDUSD, NZDUSD, USDCAD and AUDNZD

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About Timon Weller

Timon Weller is the professional Trader behind the blog Forex Reviews as well as a 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.

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  1. Vincent Foo says:

    Thanks again for your midweek update. Appreciate.

    • You’re welcome Vincent, thanks.

    • Thanks Timon every week the review helps me a lot on my trading

    • Hi Timon, I have a question, I purchased all your training 4 training series engulfing,5 day trend,candle stick series and fibonacci I am doing much better now this has helped me so much so a big THANK YOU. Is there any video on how you can trade on intraday based on daily candle stick. Many Thanks

  2. Abusagen says:

    Thanks so much for review…. it’s very helping my trading….

  3. Kim Andrews says:

    Ditto, thank you for your update Timon. While I am here Just want to say how much I got (with extensive notes) from your Price Action Mindset series, and now having purchased The Engulfing Trader I am starting that with relish.
    In the Price Action Mindset series you mentioned a Break Even Indicator, where can I find this please. Thank you again.

  4. Andrew Williams says:

    Great review timon thanks again have a great week.

  5. Thank you Timon for this mid-week review. Looks like the market is settling down after the UK Referendum, beginning to look like a blip in the overall price movement. Must admit I have been looking at the Aussie pairs which seem to be setting up for some potential trades so I appreciate this timely review. Cheers mate JOhnR

    • Hey John,
      You’re welcome. Yes I agree with you. If you look at UK markets such as UK100, it is doing much better since after the Brexit event.
      Have a great rest of the trading week.

  6. Zachary says:

    Hi Timon.
    I am witness of your work on-line almost 2 years already. I am very impressed by your ability to analyze the market and by your degree of certainty and precision. So, I would be extremely happy if you find a moment to establish a personal contact with me on Skype. I hope you also will be impressed bu my approach to Forex.
    Let me briefly introduce myself. I am from Bulgaria, Eastern Europe and I start learning alone everything I could about Forex 10 years ago. Almost since the beginning I understood that the so called “traditional” approaches to the matter are not effective, other-ways most of the traders on the market should be successful which is not the case evidently. At this moment I did not know anything about the Price Action as a process, and was afraid of it because of lack of indicators. Now, I consider that as a child illness of my initial stage of learning. So, I put my efforts to develop my own system which was based on some common sense approaches as some things that was “invented” by myself. As a result I created a system or approach that I named Forex Alchemy. There is nothing magic in it, but it is specific and different from the common approaches I know.
    Now I am looking for someone to polish this approach and to make it reacher and more effective.So, I need a really experienced counterpart to criticize me and to help me progress with my approach.
    If you are interested to share our knowledges and experience, and why not – to help each other with ideas and opinions please share your Skype ID with me via email. It will be a honor and pleasure to establish a contact with you.
    Best wishes

  7. Hi Timon,
    Great, Thanks!!!

  8. Tons of thanks for sharing your great reviews!

  9. Hey Mr Timon,
    Thanks for the review… Still in 2 trades from your review last week making nearly 2%, which is great.
    Very much appreciate all your work that you help us all with in here.

    Chris from england

  10. John Rungen says:

    Thanks Timon for midweek reviews, the market has been fairly stagnent and difficult to trade.
    Best wishes, John

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