Forex Trading Weekly Review - 31.12.2017 (EURUSD, GBPUSD, AUDUSD, USDCAD, USDJPY)

    • 31/12/2017
    • EURUSD GBPUSD AUDUSD USDCAD USDJPY

Forex Trading Weekly Review - of 5 main Currency pairs EURUSD, GBPUSD, AUDUSD, USDCAD, USDJPY - based on Masterforex-V New Technical analysis.

 

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EURUSD currency weekly review: On d1 and w1 level this pair is back to the flat phase. On h4 time-frame an FZR of h4 happened and this pair moved in to a trend phase up. New reference points are created - as long as the reference point is no broken this pair will stay in a flat phase.

GBPUSD currency weekly review: On h4 time frame this pair has an FZR and is now in a trend phase up. As long as the pivot point is not broken this pair will stay in a trend phase up.

AUDUSD currency pair weekly review: This pair is back to the flat phase of d1 and weekly level. On h4 this pair is also back to the flat phase, and has new reference points.

USDCAD currency pair weekly review: This pair is still in a flat phase of h4 and weekly time-frames. As long as reference points are not broken.

USDJPY currency pair weekly review: Monthly and weekly flat phase is at the moment. H4 is back to the flat phase as well.


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