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Weekly Forecast 06.25.2023.

EUR/USD weekly forecast


1 month
Technical analysis:
At 1M TF, we can clearly see that we are moving in a downtrend, and we can expect to
continue to move in a downtrend.

1 week
Technical analysis:
At 1W TF, we can clearly see that we are moving in a descending structure, and the
supply zone has failed. We had a reaction from the demand zone, then the supply
failed, SND FLIP happened, and now we expect to make new HH, and the price is
moving in an uptrend.

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1 day
Technical analysis:
At the 1-day timeframe, after a bearish trend, the price broke the des PA and continued
impulsively bullish. The momentum is present and we can expect the continuation of the
uptrend, the negative confirmation is overall PA, but we can expect the continuation of
the uptrend.

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4H

Technical analysis:
On the 4H time frame, the price started impulsively bullish, but slowed down with the
momentum and now we see an excellent breakout, here we can expect a change in the
trend.

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EUR/JPY weekly forecast
1-month

Technical analysis:

On 1M TF, we notice that we do not have a clean structure. We can assume that we will
continue to move in this minor ascending structure, or the price might react from the
supply zone and go to the downside.

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1 week

Technical analysis:

At 1W TF, we clearly see the momentum of the previous PA has slowed down and this
is a negative confirmation, but we can expect a continuation of the uptrend.

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1-day

Technical analysis:

At the 1-day timeframe, after the corrective PA, the price continued impulsively bullish.
The momentum is present and we can expect the continuation of the uptrend, an
additional positive confirmation is the imbalance and a good candle close.

4H

Technical analysis:

On the 4-hour timeframe, we can see that perfect uptrend momentum is present and the
price is clearly moving bullish. We can expect a continuation of the uptrend.

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AUD/USD weekly forecast
1 MONTH

Technical analysis:
On 1M TF, Bigger picture: The price is moving in a clear downtrend, and we can expect
it to continue in a downtrend; MRPA: The price made a reversal and made a reaction
from the supply zone, and now we are in the demand zone, if the price show us reaction
and we see bullish momentum kick in we can expect to see a reversal.

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1 WEEK

Technical analysis:
The price is moving towards the downtrend. We can expect a pullback to our supply
zone and a continuation of the descending structure. But we see that the price broke
through the supply zone, which we could have expected because of how it pulled back.
We see that the breakout is not impulsive for now. So if we see a rejection, we can
expect a pullback to the demand zone, which will tell us if the price will change the
trend. We can expect a bearish market if we break through the demand zone. Which is
exactly what happened.

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1 DAY

Technical analysis:
On the 1D timeframe, after a corrective price action, the price continued bearish, but
immediately turned bullish and broke through the supply zone. Here we have an S2D
flip, and we can expect a continuation of the uptrend. However, the negative
confirmation is the overall corrective price action.

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4 HOUR
Technical analysis:
On the 4-hour timeframe, we can see an ascending PA, which indicates that the price
doesn't have enough momentum to continue bullish. Now we have a great trend change
and we can expecting downtrend.

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AUD/JPY weekly forecast
1 MONTH

Technical analysis:
The price moves towards the uptrend, showing us it doesn’t have the momentum to
continue (weakness), so we can expect a pullback to the demand. If the price starts with
strong bullish momentum from the demand, we can expect to continue towards the
uptrend.

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1 WEEK

Technical analysis:

After the corrective PA, the price moved impulsively towards the uptrend. The
momentum is present and we can expect the continuation of the uptrend, the negative
confirmation is overall corrective PA, but we see good momentum and we can expect
the continuation of the uptrend.

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1 DAY

Technical analysis:
On 1D, after a major correction, the price went impulsively bullish and the momentum is
present. We have a good candle close, the price has left the imbalance behind and we
can expect a continuation of the uptrend.

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4 HOUR
Technical analysis:
On the 4-hour timeframe, we can see an ascending PA, which indicates that the price
doesn't have enough momentum to continue bullish. Now we have a great trend change
and we can expecting downtrend.

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GBP/USD
1 month
Technical analysis:

The price is in a very corrective PA. But it shows us a clear bearish order flow. The price
respects the supply, so we can assume the price will continue to respect it.

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1 week
Technical analysis:
The price is moving towards the downtrend. We can expect a pullback and continuation
towards the downtrend. We see that the price has come aggressively, so the price may
break through the supply, in that case, we can expect a bullish market. As we have
discussed in the last forecast, if the price breaks through the supply, we can expect a
bullish market, which happened. But we see that it left a wick immediately after the
breakout, which tells us that the price does not have enough momentum to continue
bullish, so we can expect a correction that is happening right now. If the price
impulsively breaks through the high, we can expect a bullish PA because the bigger
picture tells us that we can expect the beginning of an ascending channel.

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1 day
Technical analysis:

At 1-day timeframe, after the correction, the price continued impulsively bullish, the
momentum is present and we can expect the continuation of the uptrend.

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4 HOUR
Technical analysis:

On the 4-hour timeframe, we can observe a highly corrective price action where the
price broke through the demand zone and then the supply zone. Here, we can expect a
corrective price action as the price lacks a clear direction.

GBP/JPY weekly forecast


1-month

Technical analysis:
On 1M TF, we notice that we do not have a clean structure. Price is messy, but MRPA is
bullish. So we can assume that the price will continue to be bullish. Plus, the price left a
big weakness to the downside. That means two things: the price will continue upside, or
we will see a correction.

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1 week

Technical analysis:
At 1W TF, the price is very messy. The price is moving in a corrective ascending
channel, it made weakness to the upside, and bearish momentum kicked in after the
correction. But it wasn’t enough to tell if the price would make a reversal and start going
down. Instead, the price shows us it wants to continue bullish with this fakeout. So we
can expect a correction or to continue in this corrective ascending channel.

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1 day
Technical analysis:
On 1D, we can see huge bullish momentum. We have a good candle close and the
price has left the imbalance behind, we can expect the continuation of the uptrend.

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4H
Technical analysis:
On 4H, after excellent bullish momentum, the price slowed down with the momentum,
we see a weakening of the momentum and we can expect a change in the trend.

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