In this weekly forex outlook video, Vladimir Ribakov of Traders Academy Club reviews his previous week’s trade ideas on EUR/GBP and EUR/JPY, then presents two new trade setups for the upcoming week: CAD/CHF and USD/CAD. He walks through detailed technical analysis for each pair, using volume profile (Key Trading Level indicator), MACD and RSI divergences, ABCD corrections, wave counts, and support/resistance zones. For USD/CAD he adds a fundamental perspective, discussing recent US GDP contraction, Fed rate‑hike expectations, and strong Canadian GDP, linking these to a potential bullish continuation. Throughout the video he promotes the free KTL indicator (currently MT4), invites viewers to subscribe, join the Traders Academy Club community, and engage via likes/comments. The content blends market commentary, technical education, and promotional messaging aimed at helping traders understand his methodology and access his resources.
Chapters
Hello traders, how are you? Vladimir here from Traders Academy Club and welcome to the weekly forex outlook and also a review of our previous week trading opportunities. Uh, we will review the euro pound and the euro yen from the previous video and we will talk about 2 new opportunities that I would like to share That will be the CADCHF and the USDCAD. But right before I go to the charts and explain all the technical terms we, we have there, if you are new to our channel, welcome to the great community. I would like to invite you to subscribe to the channel. Please follow the subscribe button below the video. And also I invite you to join our trading family, Traders Academy Club. To enjoy from, as you can see here on this image, from a full free VIP price action course. And you will join from all the real-time trading ideas and mainly, mainly, mainly the real-time trading education. Every single trading idea, every single trading opportunity comes with a detailed video explaining all the techniques behind it, how and what is done, and mainly why. And also you would get access to our supportive trading community chats. Welcome to our family, join us with the link below in the description or in the pinned comment in the comment section. So, um, the previous week we were talking about the EURGBP and the EURJPY. If you missed this video, you can find it in the channel, or right now on the right top corner of this video you can find direct link to the previous weekly outlook, and you can find there and watch why exactly I was looking to trade the way I did. Uh, and, uh, I hope you enjoy these opportunities because they both delivered. And also, if you did, I would like to ask your help and your support. Uh, as you know, YouTube algorithm requires all these little features like a like button, like some feedback in the comment section. So if you enjoy these trading videos, all the trading opportunities I keep uploading here in this channel for you and for the community, please show your support back. Hit the like button below the video, drop some few words in the comment section below, and your support and your help very much appreciated. Also, if you have any instruments you would like me to share my analysis with you, let me know in the comment section. And if I have anything, any view on these instruments, I'll be more than happy to share. So what did we have on the euro pound the previous week? We wanted to see— it was right at this area— we wanted to see buy the dips, and we got it beautifully done until it was blocked with this bearish divergence— higher highs on the chart, lower highs on the indicator. And after that, we are recreating here some trending structure by making 3 higher highs, higher lows. And right now we are building ABCD correction. Very important note, if the buyers are here to continue with their control, then a break above this ABCD line right here, and if the price managed to keep and hold itself above this volume area, it should be a great sign that we are going further up. Side according to the weekly levels. And the other one we've had was the euro yen, where I shared one of the opportunities to trade was on the short term. Again, you can watch the video from the previous week. So we got this breakout, we got a beautiful drop down all the way to retest the previous volume area. Now there is a, I would say, moment of uncertainty from my point of view all regarding the euro yen. So I'm not really quite clear of the price behavior at the moment with this pair. So let's go and focus on the new opportunities we have for this week. And that would— one of them would be the CAD franc, which, as you will see, bouncing here right from the classical rejection area from the weekly time frame. Uh, and the way it looks right now, we might see the pair going back to the volume zone before anything further would be developed there. Uh, and that brings me to the next great news. This very indicator, the volume profile, as you can see here, the key trading level, this very indicator that you see helping me in my trading with any single a technique I apply is available for you absolutely free. You can go download it with the link that you can find below this video in the comment section. There is a pinned message from myself, uh, follow the link in KTL indicator, Key Trading Level indicator, download it and enjoy it. At the moment it's available only for MT4. It will be also in the MT4, MT5 in the future. So, uh, just go download and enjoy. So what do we have here? Again, rejection area from the weekly time frame, okay, to following weeks with upper spikes, some, uh, sign that the seller starts to reject. On the daily time frame, we have here a bearish divergence. Let me just enlarge the MACD so you can see that clearer. Okay, so we have the higher highs on the chart. However, we do have lower highs on the indicator. Now RSI starts to show the slowdown as well, not just the MACD. And look at this fantastic candle right above the previous high to complete some fake high here. Looks like a very good sign. Dropping down to the 4-hour chart after the Classical waving and the slowdown we have here on the moving average of the MACD showing bearish divergence as well as the RSI. We complete here a massive engulfing right on the false breakout. So we got a false breakout, fake high above this top, and bearish divergence all around MACD moving averages and the RSI. And this is— that's what brings me to the next one. The flip on the price happens here by making the lower lows for the first time after the new high was created. That makes me think that any rally that would happen here is an opportunity to look for a bearish correction. A very important note. In some cases, in most of the cases, the rally is going back to the previous highs of the uptrend. So here or the next one and makes the movement. But in, in few cases, we might have one more fake high created. It's more rare, uh, but watch for this opportunity. It is a possible scenario before we really flip to the downside. And with the way down, with the correction that I expect to happen, I believe we should be going back to these weekly key volume area. And if we drop down to the daily chart, you would see this area here clearly stated. Okay, so with, uh, any pullback, I believe we should see here a great opportunity. Let me know what do you think about, uh, this, uh, CAD/CHF, uh, and, uh, share with us your inputs and your view, uh, in the comment section below And also the next one is the dollar CAD. Now this is a very interesting both fundamentally and technically. So fundamentally speaking, what happened this week? So we did have the Fed—not the Fed—the GDP in the in U the U.S. going in a negative zone. on the first quarter after a massive number in the previous quarter, which of course has a lot of reasoning. And if you missed the video, I uploaded the video, you can find it in my channel talking about the GDP and all its consequences. But also the Fed hints that there probably will be rate hikes Fast and faster than expected. So taking that into the consideration and the GDP in Canada that shows good numbers to continue in the country, so logically we should have dollar CAD crashing down because bad numbers from the US, good numbers from Canada. However, if we take a look on the bigger picture, and I might be wrong here, in my analysis. But the way I understand it, the pressure on the Fed to increase the rates faster and stronger than in Canada, because Canada economy is doing pretty well, GDP shows that. Uh, in the US it's not the case. And if they don't want the inflation to go and lose control, which Could happen, they will want to act faster. Therefore, the rally on the dollar CAD, which I expect to continue and happen. If we take a look on the weekly chart, it looks like we are now in about to complete this second corrective leg upside, which is exactly what I am looking to trade. We did have two waves here. And now the 2 waves down complete a possible zigzag, which brings this as a very possible scenario in. If that is correct, we should be heading towards the volume zone here on the weekly chart around 131, 132, and maybe all the way to retest the previously broken highs. Which we have right here around the 130, closer to 134. So taking that into all these facts into consideration, if we do manage to see the price going and holding above this range, then buy the dips could be a very reasonable thing to do here. So for that, we would want to see the 4-hour chart waves complete. In the next format. Let me just show that. Okay, 1, 2, 3. Okay, and then buy the pullbacks here could be a really good, um, point of view to rally with the weekly last expected leg upside. So this is my view on the dollar CAD. Look at this volume here. So this volume is already behind us, right? And if the buyers maintain their control, very likely we are heading to the next volume area, which again, I want to remind you, this very indicator is available for you completely free, absolutely free. Go to the pinned message in the comment section, find the link to KTL, Key Trading Level indicators. This indicator helps you to control your key levels and all the time frames directly from this control panel, absolutely free. Just download the link there and enjoy, um, enjoy that. Let me know what do you think about the dollar CAD and how do you see this one. Very interesting opportunity the way I see that, and I'll be very interesting— interested to hear what you have to say. Uh, so that will be it for this video. Uh, thank you for your time watching this, and I hope you find it useful and helpful. As always, I'm trying my best here for you. And once again, I invite you to join us in our trading family, Traders Academy Club. Enjoy all the best value we have in our offer, and I hope to see you with us. I wish you a wonderful trading week and wonderful trading months ahead, as this is the beginning of May 2022. Once again, thanks for your time. All the best to you and yours. I'll see you soon with more. Bye for now.
