Forex Market Reports and forex outlook this week is the topic of Gail’s latest video. There are several potential moves that are setting up on the Yen pairs but the candlestick patterns must form for confirmation. Additionally, although there are not very many high volatility reports this week (only the ECB Rate Announcement and Press Conference), there are major reports for next week, which may cause some sideways market movement later in the week.
Forex Market Reports and Forex Outlook this Week
In this video, Gail Mercer, founder of TradersHelpDesk, first the Multicharts Scanner to help identify forex symbols that may be making moves for Monday and Tuesday. The forex outlook this week then continues with potential congestion zones on the EURUSD ahead of the ECB Rate Announcement and Press Conference and, later on, potential sideways movements on the Yen and British Pound, prior to the rate announcements on those currencies next week.
After reviewing the forex markets, Gail then shows the potential high volatility reports for the next 14 days.
All of the features used in Gail’s Forex Outlook This Week video are proprietary indicators developed by her for the Multicharts, NinjaTrader and TradeStation platforms.
In addition to Gail’s books on Nadex Binary Options, TradersHelpDesk also offers individual indicators for Multicharts, TradeStation and NinjaTrader, binary signals, and special trading packages including the Diamond Package, which includes ten hours of personal mentoring with Gail.