Forex Forecast wk 24 - Next week tips, trades coming up!
- Panagiotis Diamantopoulos

- Jun 9, 2024
- 1 min read
USDJPY: This the level that sellers came in (look left) .This fast up move with the 3.5 SI and then the 20.7 SI might form a Wyckoff Up-Thrust signal but since the 20.7 is still forming anything can happen, it be could Friday closing positions and we could start ranging. If the next down wave breaks below the blue line I am going short!

NZDCAD: We had an Exit from Range signal, PS and now are at Fib, I will wait for a possible and then re-examine for Short.

GBPAUD Daily : That 154.2 SI was definetely a Hard to Move down wave and price exploded upward breaking the. Most probably we are getting to next resistance level +70 pips

GBPJPY Daily: We are at 61.8 Fib of weekly chart - you should be watching lower timeframes

GBPUSD Daily: This is the level that sellers came in previously (look left) and we have an Abnormal Si of 108.1 SI which could be a Hard to Move Up- monitor lower timeframes for possible entries

EURJPY: Monitoring this Range for a possible Exit with a PRS signal but that last up wave with 17.0 SI is still forming, parience!

EURUSD H4: That's a trade I am already in after the following reading: On Fib area, Fast Up fake move and then HTMU (hard to move up). My stop already at break even and target set on next Fib.



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