Weekly market forecast and strategy for this week (7/23–7/27)

Hello, this is Onepiece Trade (@onepipst)

Here is the weekly market forecast and strategy for your review (7/8–7/13)

Additionally, we are posting profits and other useful information on Twitter, please follow Twitter.

YouTube channel

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

Table of contents

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

【USDJPY】

Long-term outlook is down, short-term is somewhat down

Looking again from the daily chart, it seems to have returned to a downtrend

This week's focus is to test the June-end low and see if it breaks to continue the downtrend

Whether it moves toward the Fibonacci 61 high, updating and turning into an uptrend

【EURUSD】

Long-term outlook is down, short-term is down

If it breaks the support band and aims for the lows near Fibonacci 0, will it continue the downtrend

A rebound could occur up to Fibonacci 61 or 76

EURJPY】

Long-term outlook is down, short-term also down

Currently at a strong support band, a pullback may occur

If so, a pullback to Fibonacci 61, 76, or 50 is possible

And then selling could enter, breaking the low and selling toward Fibonacci 123 or higher

【GBPUSD】

Long-term outlook is down, short-term also down

Consider selling toward the Fibonacci 138 area of the lows

If a rebound is confirmed around there, use counter-trend entries to target the rebound high

If the lows are broken, continue selling

【GBPJPY】

Long-term outlook is down, short-term also down

Imagine selling on rallies or on breakouts

Taking the rally and going long on counter-trend is also good

But the overall trend is down, so caution is needed

Pay attention to GBPUSD movement

【Video】

The video is here

">

【Afterword】

Our weekly market forecasts and strategies published on YouTube are generally accurate

What matters is how you apply them to trading and entries

When the market strategy was right or wrong, your trading methods and thinking will differ

And please treat entries as a separate matter

→ Follow on Twitter here