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Eurjpy!

Forex Weekly Forecast: Jun 14 - 18thWelcome to the latest Forex Weekly Forecast. I analyze 18 pairs, and put them on my Watchlist. Check the timestamps for the ones that aren't on the Watchlist. Remember, just because they aren't setting up today, doesn't meant they won't be near an entry during the week! So stayed tuned for updates! 00:00 Intro 00:09 DXY 02:37 USDCAD 04:05 USDCHF 05:07 GBPUSD 06:42 GBPCHF 07:44 GBPCAD 09:45 EURUSD 11:21 EURJPY 14:25 EURCHF 16:01 EURNZD 17:15 AUDCHF 19:11 AUDNZD 20:41 CADCHF 22:37 CHFJPY 23:56 NZDUSD 25:13 NZDJPY 26:28 NZDCHF 29:01 US30 We are going to look into depth on the above forex markets, using top down analysis. If you have a question on any of the content, please leave a message in the comments section. For beginners, this is how you analyze forex markets, identify supply and demand zones, key levels of support and resistance, and look for swing trade setups. Likes, comments and subs are always welcome! Thank you for your support!
by RT_Money
WHEAT/USD, EUR/JPY, AUD/USD and EUR/NZD on watch for me today.WHEAT/USD: • If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. EUR/JPY: • If price pushes up to give us a confirmed second top, it then pushes down to give us a confirmed second bottom and then it pushes back up to and ideally just above the highest of our two touches to give us a confirmed third top, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. AUD/USD: • If price pushes down to and ideally just below our lower trend line, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag. • If price only pushes down to and ideally just below our rayline, then regardless of how it does so I'll once again be waiting for a convincing impulse back up followed by a tight flag and then I'll again be looking to get long with a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades. EUR/NZD: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price only pushes up to and ideally just above our rayline, then regardless of how it does so I'll once again be waiting for a convincing impulse back down followed by a tight flag and then I'll again be looking to get short with a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades.
by StewySongs
WHEAT/USD, EUR/JPY and GBP/CAD on watch for me today.WHEAT/USD: • If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price merely pushes up to and ideally just above our lower rayline and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades. EUR/JPY: • If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price simply pushes down impulsively from where it currently is, it does so in a convincing manner and a subsequent tight one hour flag forms, then I'll again be looking to get short with a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades. GBP/CAD: • If price pushes down to and ideally just below our trend line and the last part of the move is corrective, then I'll be looking to get long with a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade.
by StewySongs
WHEAT/USD, CHF/JPY, EUR/JPY and USD/CAD on watch for me today.WHEAT/USD: • If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price simply impulses down below our most recent correction, it does so in a convincing manner and a subsequent tight one hour flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades. CHF/JPY: • If price impulses down below the upper trend line of our most recent piece of structure, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. EUR/JPY: • If price pushes up to and ideally just above our upper outer structure trend line, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price simply impulses down below the trend line immediately to the left of this illustration, it does so in a convincing manner and a subsequent tight flag forms, then I'll again be looking to get short with a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades. USD/CAD: • If price pushes down to and ideally just below our lower rayline, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag. • If price simply impulses back up above our upper rayline, it does so in a convincing manner and a subsequent tight flag forms, then I'll again be looking to get short with a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades. •
by StewySongs
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