WEEKLY ANALYSIS TRADE SETUP: EURCAD – (13 – 17th July, 2020)📈📊💰
With price at the neckline of our double bottom and at the same time the resistance of the ascending channel.
Entries by George Itumo
WEEKLY ANALYSIS TRADE SETUP: USDCAD – (6 – 10th July, 2020)📈📊💰
Within this prolonged descending channel we have a bearish engulfing right at the resistance of the channel. This is a potential reversal from the small rally.
WEEKLY ANALYSIS TRADE SETUP: EURNZD – (29 June- 3 July, 2020)📈📊💰
Four weeks of price moving bearish within a descending channel gives us strong indication of bear control. Price is approaching the upper trend line with indecision candles which is not a good sign of bullish momentum.
WEEKLY ANALYSIS TRADE SETUP: GBPCHF – (22- 26 June, 2020)📈📊💰
Price may rebound and rally back to the triangle at the support level or breakout further below the level and resume it’s downtrend. We continue to monitor the price in order to react accurately.
WEEKLY ANALYSIS TRADE SETUP: AUDNZD – (15 – 19 June, 2020)📈📊💰
Bears have strongly begun showing their hand .Time combined with price action will guide us to see how much further their power will be sustained.
WEEKLY ANALYSIS TRADE SETUP: NZDCAD – (8 – 12 June, 2020)📈📊💰
We patiently wait for price action to guide on whether to follow price after the breakout or rebound downwards upon being resisted at the neckline.
WEEKLY ANALYSIS TRADE SETUP: USDCAD – (2 – 5 June, 2020)📈📊💰
This is a clear and good indication of bear power coming into the market.We closely monitor this pair to see how long this price waterfall will last and key areas to join in the move
WEEKLY ANALYSIS TRADE SETUP: CHFJPY – (25 – 29 May, 2020)📈📊💰
Following the breakout of the descending channel to the upside,very high chances that the bulls may continue pushing price higher.
WEEKLY ANALYSIS TRADE SETUP: NZDCAD – (18 – 22 May, 2020)📈📊💰
This pair is currently trading within a descending channel whereby price has been resisted by the channel’s resistance, evident by the presence of a bearish engulfing.
WEEKLY ANALYSIS TRADE SETUP: USDJPY – (11 – 15 May, 2020)📈📊💰
The pair is currently trading within a major support zone and a long term trend line which matches up as resistance. Prices are currently at the support zone.