FOREX WEEKLY FORECAST: USDJPY, CADJPY, AUDJPY, NZDJPY May 9 – 13th

Welcome to another FOREX WEEKLY FORECAST!

JPY pairs are the focus of this video. USDJPY, CADJPY, AUDJPY, and NZDJPY have the potential to make significant bearish moves for the week ahead. They are on my Hot List of pairs to watch for possible setups.

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Always remember, just because they aren’t setting up today, doesn’t mean they won’t be near an entry during the week! So stayed tuned for updates!
We are going to look in depth at 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.

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5 件のコメント

  • A word of caution with JPY pairs this week:
    Don’t jump into shorts! Wait for confirmations that price intends to go lower first. Look for breaks of short term lows, breaks of market structure…. something that shows weakness.
    JPY is still weak, and likely to continue weak. I am speculating that there are signs of a potential market shift in momentum. This is a technical observation. Fundamentally, BoJ continues their policy of buying bonds to keep the currency devalued.
    Keep these things in mind.

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