XAUAUD

Weekly Forex Outlook: August 12

Bonjour, mes amis! 🇫🇷 I’m in Paris, France right now, as I had a spur of the moment idea to spend a week or so in the French capital. Had a good trading week? This was an absolutely epic week for trading, as we finally saw the VIX move back up and many setups worked out very nicely. Let’s go over them right now!

 

On the contrary to what I said last week, gold actually shot up. This is totally due to Trump’s comments about North Korea, which catapults the world’s financial markets into risk-off mode. This means gold and the yen shoot up, which is what happened. Oil, on the other hand, was ranging for the most part of the week but did eventually go down. It is currently retesting the support-turned-resistance zone it broke on Friday and I reckon it’s still an excellent setup to take next week if it goes down again.

 

USDWTI

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XAUAUD forex

Weekly Forex Outlook: July 31

Hi there, traders! How has your trading been last week? You might’ve noticed that for the past weeks, I took some time off. Partially because I’ve travelled back to Belgium but also as a sort of summer holiday, to make the most of meeting up with my friends in Japan. But now I’m back! This will be a shorter outlook as I won’t include trade reviews this time, but of course, we’ll have a look at the best setups for this week!

 

 

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