In this weekly forecast video, Vladimir Ribakov of Traders Academy Club welcomes viewers, wishes them a happy summer, and promotes the channel’s community, free indicators (Key Trading Levels and Virtual Trading Pen), and membership. He then presents two trade opportunities: AUD/JPY and GBP/CHF. For AUD/JPY, he outlines a macro view that the pair is still within a long‑term monthly swing range (since 2006‑07) and may execute a final rally to a new high before a downside reversal. Technical analysis on weekly and daily charts shows higher highs/lows, a lack of positive divergence, and an ongoing ABCD correction. He describes two scenarios: (1) price breaks and holds above the recent high of the ABCD pattern, enabling a final rally; (2) price fails to break, stays below the high, and a downside move can be taken by selling rallies after a break of the rising ABCD line. For GBP/CHF, he notes a clear bearish trend with lower highs and lower lows across multiple timeframes, no sign of trend exhaustion, and an incomplete divergence, suggesting further downside potential of 100‑500 pips. He recommends selling rallies on lower timeframes, anticipating either short‑term pull‑backs to resistance or deeper corrections (ABCD) before continuation. Throughout, he encourages comments, likes, and subscription, and invites viewers to join the Traders Academy Club for education and real‑time trading opportunities.
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Hello traders, how are you? Vladimir here from Traders Academy Club and welcome to the weekly forex forecast. Today we are making the video and preparing for trading week of 17th of July 2022. I was away for a couple of weeks, so it's great to be back. And before we start, I would like to wish you a very happy summertime. I hope you enjoyed so far and I hope you will have a great one On the remaining part, whatever you planned—family time, vacations, or anything else—I really would like to wish you and yours all the best. So for today's video, I prepared two great trading opportunities that I found: Aussie in pound franc. And before we go to the charts and talk about all the technical parts, if you are new to this channel, welcome to our absolutely fantastic community. Please subscribe with subscribe button below this video and remember to enable the notifications. And also welcome to our trading family, Traders Academy Club, where you will enjoy from, as you can see on this very image, free full VIP price action course, real-time trading opportunities, real-time trading education, very supportive trading community, and Much more, and I hope to see you with us. To join our family, please follow the link below this video in the description. And if you have any questions, please don't hesitate to ask me or my team. We are here to help you. So, as I said, two opportunities that I found: Aussie yen and pound franc. The first one would be Aussie yen, where I believe we are going here in a final rally for a final high before this trend might change. And I will explain. Explain in a minute why. But before that, if you still didn't do that, or if you see my channel for the first time, these 2 amazing indicators that you see on my chart here— the Key Trading Levels indicator with a multi-timeframe control directly from here, and the Virtual Trading Pen, the pen with, um, with which I draw on my charts Are available for you for free below this video in the description. You will find links to them: Virtual Trading Pen, KTL indicator, Key Trading Levels indicator. Follow the links, download, install, enjoy. So what do we have on the Aussie yen and why do I find it so interesting? Starting from a very high, uh, time frame just to understand where we at, I believe that we are still moving within this monthly big swings range started way back then in 2006, 2007. And I think there is a good chance we will have this final rally towards the top before we flip to the downside again. Now, taking that into consideration, going to the weekly chart, what do we have here? We have pretty clear higher highs, higher lows without any signs of uh, flip from positive to negative to positive divergence. And that's what makes me think that there is still one final high to come until this divergence here completes, and we will get a top moving average, a flip with a negative cross, and then one more final high before this trend changes and takes us to the downside. So on a daily chart, after some sort of consolidation Here is what we have. We got in the last rally. There was no divergence here between these highs because there is no positive high here. We definitely start to see some slowdown signs. However, the current ABCD correction did not manage to change the trend at the moment, and that makes me believe There is one of the next 2 scenarios coming in play. Scenario number 1 is we climb higher above this high of the ABCD correction, above point B, ABCD correction. So above this point, go above this area, hold above this zone, pull back, and we managed to climb to make the final highs. Scenario number 2 is where we go, we don't break this high. Where we go for one more dip, complete some divergence here, okay, lower lows on the chart and higher lows on the indicator. And then by breaking the ABCD line, okay, again ABCD just in deeper, longer format, break through that and climb, um, to the new highs. That's the 2 scenarios I plan to trade here. So if scenario number 1 triggers, it's pretty clear because we need to break and hold above the most recent high here. Okay, but let's talk about scenario number 2. If it does not manage to do that, here is a possible scenario also to trade to the downside. Okay, if all it does— this is the high, right? If all it does is just holding below this high and flipping lower to break this raising, rising ABCD line, if it managed to go and break the downside, this is the place where, as I showed before, I believe the daily chart could provide another drop to the downside and could provide the opportunities to trade it. So if we manage to do this, uh, this trigger to the downside, if first of all, right, go below these ABCD rising ABCD or rising range, uh, line, then sell the rallies here on a short term could be providing a very interesting opportunity. So that's the 2 scenarios I plan to follow for the coming week or weeks. It's very important to remind and to remember we are talking here about higher time frames, not exactly 15 minutes or 1-hour time frame. So the way that the price builds itself and structures itself could take some time. Now let me know what do you think about the AUD/JPY or other yen pairs on the comment section below this video. And also, if you find this video useful, helpful, uh, in your, um, in your trading and in your, um, routine of trading, please show your support back. Hit the like button, drop some feedback in the comment section Your help is very much needed and very much appreciated, of course. And thank you very much in advance to everyone who takes the time to support my work. And the next one is the pound franc, where the current bearish trend is without a doubt ongoing, not really showing ending signs yet, which makes me think there is possibly still room to the downside. This room could be small, like 100-200 points, but it also could be up to 500 points. Let's talk about that again, the big picture. What do we have here? The most recent low is right here, and it still could be retested. The reason is because after making the false breakout, we never flip the trend, we never change to higher highs. And therefore we didn't change any of the ongoing trading structure. It is still in a very big view, lower highs, lower lows. Yes, without a doubt, it shows some signs of an ending condition and eventually it will turn around and fly to the upside. But this eventually could take a while. So taking a look on a lower time frame, we're still in clearly ongoing lower highs, lower lows Wherever we look, we have lower high, low, lower high, lower low, lower high, lower low, and it's ongoing and continuing. There are no signs it's over. On a daily chart, we also don't have any signs it's over. We don't have the divergence completed anywhere, and that's what makes me think that this should be a final leg until this divergence completes. As I said. a minute ago, it could be a small move of up to 200 points or deeper towards the previous monthly low that we saw before. So taking that into consideration and the main analysis right now, we are building also on the lower time frame some lower highs, lower lows momentum. So sell the rallies could be an opportunity to follow here. The rallies could be as small as back to the resistance zones, right, and continue all the way lower, or complete some deeper correction here as ABCD or a range, and then continuation down all the way. So for me, pound franc is, uh, expected To continue its downtrend. So sell the rallies. Any rallies should provide here reasonable opportunity. It could be a very short-term gain until the daily divergence completes, but it also could be developing. We don't know to predict when a divergence would be completed, if at all, right? We don't deal with the prediction business. We work with what the market provides. And right now the momentum is without a doubt bearish. No reversal signs, no trend change. I expect further move down. What do you think about the pound franc and how do you see this one? Please share with us your view and your inputs below in the comment section. And I would like to take the time to thank you for your time for watching this video. I hope you have a wonderful trading week. Once again, welcome to our trading family, Traders Academy Club, where you will enjoy from the access to all the things as mentioned in this very image. Join us with the link below this video in the description. And once again, thanks for your time. Best to you and yours, and I'll see you soon with more. Bye for now.
