Weekly Forex Review – 16th to the 20th of May

Welcome to this week’s edition of the Weekly Forex Outlook and Review, this edition of the review this week for the 16th to the 20th of May. 12 pairs and markets covered this week in the review analyzing potential opportunity zones ( important areas in the market ), management points and targets. Also in the review, I take a look at how price action moved last week on a number of different markets.


Overall, expecting a 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 16th to the 20th of May 2016.

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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.


Above – Highlighting on EURUSD this week a potential management point and long term target to the downside for those holding sell trades on this market. Also highlighting that if the market tests the 1.1114 zone this week that this is 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.


Above – Highlighting on USDCHF the 0.98 zone as a potential long term target to the upside for those still holding buy trades on this market and also a great area to the upside on this market to look for bearish evidence and a potential move to the downside from this important area.


Above – Highlighting on GBPCHF this week two potential zones:

  1. The 1.42 zone as a great area on this market to look for bearish evidence and a potential move to the downside from this important area.
  2. The 1.3820 zone as a great area on this market to look for bullish evidence and a potential move to the upside from this important area.


Above – Highlighting on EURNZD a great area on this market to the downside to look for bullish evidence and a potential move to the upside from this important area on this market. That area is the 1.6550 zone.

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. Allen Sen says:

    Many Thanks Tim,
    Have a Great Week.
    Kind Regards,

  2. Hey Timon,
    Thanks for your review..
    Was great to see my the 2 I sent you last week (cadchf, nzdusd) were both in your review… Looks like your great training is paying off.
    🙂 Thanks again.
    Have a great trading week yourself.

  3. Vincent says:

    Thanks again Timon for your review. Also your 5 days training series, plus all other courses conducted is solid clear teaching. Great course. I encourage all interested parties, do take Timons courses.. His coaching is great stuff, makes u a good trader.
    Thank you Timon always…


  4. Great video, thank you Timon.

  5. Great stuff! Again!

  6. Anthony Deloren says:

    Cheers Timon, another great review.

  7. Richmond Dugbatse says:

    Hello Timon, your analysis are just wonderful. Thank you very much. I have been trading Demo account and i now want to go live. Which broker will you recommend?

  8. Hey TImon
    Another great weekly review, keep it up! Have a great trading week.

  9. Gerard Delaplanque says:

    Thanks Timon, these reviews are of great help.

  10. Hi Timon, Great review and insights, (my first weekly subscription) thank you.
    I intend this week to purchase your engulfing trader series,I was however hoping that you would be doing some analysis on a weekly basis
    around this strategy, do you ever do so?
    Have a good week

    • You’re welcome Neill, thanks for the feedback and for subscribing.
      Not exactly the same, however the reviews are similar, the reviews highlight important areas where you can apply aspects taught in the methodologies at the website.

  11. Thank you Timon for an excellent weekly review. I think this week is going to be quite busy as last week was a little sluggish. Thanks for the heads up for EURUSD last week, waiting to see if it reaches the next management point to take some profits. The USDCAD seems a bit reluctant to continue with the trend at the moment but I will stick with it. Appreciate you reviewing CADCHF as I have had a buy trade since the beginning of the month after identifying a rising channel. Cheers mate. JOhnR

  12. Thanks Timon, have great week.

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