Forex Trading Weekly Review of 5 main Currency pairs EURUSD, GBPUSD, AUDUSD, USDCAD, USDJPY - based on Masterforex-V New Technical analysis

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EURUSD currency weekly review: On d1 and w1 level this pair is back to the flat phase. On h4 time-frame this pair is now in a trend. New reference point is created. Forex trading is happening by using trend following trading system.

GBPUSD currency weekly review: On d1 and h4 level this pair stays broke through the upper flat border and now is in a trend phase up. New pivot point is protecting trend up.

AUDUSD currency pair weekly review: This pair is back to the flat phase of d1 and weekly level. On h4 the reference point is broken and this pair is now in a flat phase of h4 as well.

USDCAD currency pair weekly review: This pair is still in a flat phase of h4. As long as reference points are not broken.

USDJPY currency pair weekly review: Monthly and weekly flat phase is at the moment. This pair is in a trend phase of h4 down. New pivot point is created. Waiting for C wave of h1 up to finish to start using trend following trading system