One-week market forecast and strategy (7/1–7/6)

Hello, this is One Piece Trade (@onepipst)

Please take a look at the weekly market forecast and strategies (7/1–7/6)

We also post profits and other useful things on Twitter, please follow us

YouTube channel

https://www.youtube.com/channel/UCd7eOHBGyBMROlHWh9S1yWg

Table of contents

1. Dollar/Yen (USD/JPY)
2. EUR/USD
3. EUR/JPY
4. GBP/USD
5. GBP/JPY
6. Video
7. Afterword

【Dollar/Yen (USDJPY)】

Gapped start

There is a possibility of filling the gap soon, i.e., a short-term trend pullback

If it then rises, a move up to the 60 or 50 Fibonacci levels is possible

A decline to lows below the 4-hour 20 MA is also possible

【EUR/USD】

If the Fibonacci near the 100 level breaks, selling may begin

If price sells off, it may be good to trade sells in line with the level and Fibonacci

If taking the short-term upside, it would be prudent to wait until it moves above the 4-hour MA before attacking

Targets are the most recent highs, around Fibonacci 138.150

EUR/JPY】

Gapped start

Gap-fill trades are possible, with a pullback after that rising again

If it continues rising after the pullback, it may reach Fibonacci 0 or nearby lines

If it falls below the 4-hour MA and shows a short-term downside signal, best to execute a sell

Consider declines to Fibonacci 61 or 76

【GBP/USD】

In the short term, expect a rise up to Fibonacci 61.50

For declines, down to Fibonacci 100 area and recent lows

Don’t miss a range break, and beware of traps

【GBP/JPY】

Gapped start

There is also a possibility of returning back inside the range

In that case, range trading or trading with a larger timeframe is recommended

Follow the direction of the breakout

If going up, Fibonacci 61.50

If going down, Fibonacci 138.150

【Video】

The video is here

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【Afterword】

The market forecast and strategy I publish on YouTube every week are usually fairly accurate

What matters is how you apply them to your trades and entries

When the market strategy was correct, when it wasn’t, your trading method and thinking will differ

And again, please treat entries as a different thing

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