Weekly Forex Market Analysis
The weekly forex forecast includes predictions for EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/CAD, and USD/JPY. Our weekly forex forecast includes technical analysis, price action on major currency pairs, assets using high-timeframe analysis, and market environment.
Welcome to this week's Weekly Forex Forecast video, in which we use a simple but effective top-down approach to identify market behavior and direction using price action. The key to long-term success in trading forex, gold, silver, and stocks is a simple trading approach with powerful money management rules and simple trading rules combined with the right trading mindset, and psychology. Trading rules and risk management Once we've learned to read price action and market behavior, psychology becomes our best trading advantage.
In this video, we discussed potential great trading ideas for the upcoming forex market - major forex pairs ( EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDJPY ). We can see a possible larger move ahead by using the top-down approach and high time-frame analysis.
We used a simple but effective top-down approach to identify market behavior and direction in this forex forecast video. The key to long-term success in forex trading is a simple trading approach with powerful money management rules and simple trading rules combined with the right trading mindset, and psychology. Once we learned to read price action and market behavior, our best trading edge is risk management rules and correct trading psychology.