FOREX TECHNICAL ANALYSIS – 21.10.2018 (Trading Chart Analysis)

In this video we look at the charts for the coming week and go through the forex technical analysis for EUR/USD, AUD/USD, GBP/USD, USD/CAD, EUR/JPY, USD/JPY.

Skip Intro: [01:44]

You can find our MARKET SELECTION SERVICE via our online school here:

This video is not intended to replace your own analysis. Make sure you do your own technical analysis before entering any trades. This analysis is here to help you find the possible areas of high activity and the major significant levels in the market. After that point, you should use a wider range of tools, as explained in our full online training course.

Presented by Nicholas Puri

• What are Type 1, Type 2 and Type 3 closes?
• What are significant levels and how do I trade them?
• How we use Fibonacci retracements:
• Making predictions with our analysis:
• What’s the certainty of our trades?

Join our free Inner Circle to get access to our 4-part video mini-series teaching you the foundations of our method.

Daily videos about the financial markets, trading, investing, economics and other finance related topics:
(Pro tip: don’t forget to switch on notifications so you don’t miss anything).

Learn our exclusive method in full. 15 hours of video lessons, detailed text modules and lifetime access to our members forum.
More info:

• Website:
• Facebook:
• Twitter:
• Nicholas Puri Twitter:
• Instagram:
• Members Forum:
• Email:

• What are Type 1, Type 2 and Type 3 closes?
• What are significant levels and how do I trade them?
• How much money do I need to trade?
• What broker should I use?–QXK24
• How do I open a trade and calculate my position size?
• What is leverage and how does it work?

We would really appreciate it if you would share our videos with your friends, family and network. The more people we can reach, the more content we can produce. Thank you and have a great week.

The Duomo Initiative is the educational division of PuriCassar AG. Find out more at

Don’t trust any links or email addresses given in the comments section unless it is definitely from us (be sure it isn’t a fake profile). All our email addresses end in


James Hopkins says:

Just wondering as an FX noob, do you trade spot forex or forex CFD’s? Thanks

Trader Man says:

Great video, YOU SHOULD always remember that analysis is only one part of FOREX Trading – we trade waves –

Merus Gr says:

Do you use metatrader 4 or 5? If you have you checked the $2400 expert advisor ninja route mt5? I made some backtests and it brings crazy positive results over longer periods of times (more than 3 months) I just wanted to know what do you think, if that is possible or if I should be cautious with such great backtesting results.

CryptoKyu says:

After watching i found out we had the same weekly analysis for eurusd pair. Now i am more convince that i am on the right track of my trading journey.

vaibhav s says:

Hey really amazing videos and tons of knowledge to benefit from.
My question is regarding the AUDUSD pair, cause during the last week , each time market went near the 0.7143 area I was having a sort of BULLISH BREAKOUT bias and never got a view regarding selling it there because every time price was reaching that area it had comparatively good bullish candles. As we can see market tested the level and rejected from there for the first 3 times , but before the 4th time when market rejected from there, at what point in time did you feel confident that it is good opportunity to short rather that look for a breakout.??

Sejdr says:

Head and Shoulders on EURUSD Daily suggesting a move down on short perspective.

BatmanRZ says:

Aud usd going bear, only good news coming out of oz is commodity prices, coalition goverment lost majority vote on saturday night, housing market is about to colapse, and rba basically said there holding interest rates till 2020. Trade wars with china n usa also effect aus in a big way seeing that a ton of our exports go to china.

Nicholas Rothmeyer says:

Looking at USD/CAD it is coming into some trend line resistance, there is bearish divergence on the 4 hour and a cypher pattern that started back on September 6th. In my opinion I think we will be seeing a drop down the the 1.292 over the next 5-8 days.

Naji Zibarrah says:


Ross Murphy says:

Cheers Nick.

Fahad Ahmed says:

Please can you make a video on the best way to setup your charts for the best analysis.

Chris Prince says:

Hey Nicholas! Thank you so much for putting out these videos. These, along with the market selection videos are incredibly helpful. I do have one question regarding the TA. For your charts, are you using the bid, ask or mid point price to do your general analysis? I’ve found that my prices on forexDotcom (they now have the option to have charting in bid, ask or mid price) in the US are not lining up with the prices with whoever your broker is for these videos. Everything is fairly close, but in trying to find entry points and double confirmations, the WAY the charts are presented can make for widely different prices, and therefor lower my confidence that I actually have a double confirmation. Does that make sense? Googling just returns “it doesn’t really matter” and that always makes me question the validity of that answer. Thanks again!

MrOptimisticc says:

Can you please answer my question. Why are trend lines respected so much. Like why cant the price not bear in mind the trend lines and move freely?

jeson kidd says:

Does anyone know why the euro closed so bullish on most of it pairs Friday?

Henrik Vester says:

The highlight of every Sunday 🙂

 Write a comment


Do you like our videos?
Do you want to see more like that?

Please click below to support us on Facebook!