Entries by Joshua Matumo

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WEEKLY ANALYSIS TRADE SETUPS: GBPNZD (25th Feb – 1st March, 2019)📈📊💰

This week’s analysis will consist of a follow up of the previous week’s work. In the past 5 trading days on the pair, price broke and closed below the neckline momentarily. Which was then followed by a rejection of much lower prices and price pushed further up. The recent bullish move is seen to have […]

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WEEKLY ANALYSIS TRADE SETUPS: GBPNZD (18TH – 22ND FEB, 2019)📈📊💰

Analysis This week we are going to look at the GBPNZD on the daily timeframe. This is one of the most volatile pairs in the forex markets. It is quite clear when we look left, prices have been on a very steep downtrend. We can confirm the steepness from the gradient of the trend. Price […]

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WEEKLY ANALYSIS TRADE SETUPS: USDCHF (18TH – 22ND FEB, 2019)📈📊💰

Today we shall approach the analysis on this pair from the weekly timeframe. We establish that prices on the pair has been ranging for some years since 2014. The market has been on a major consolidation, and currently, price is ranging in the form of an ascending triangle. In addition, the flat side of the […]

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WEEKLY ANALYSIS TRADE SETUPS: NZDUSD (11th – 15th Feb, 2019)📈📊💰

Analysis: This week we are going analyze NZDUSD pair.  The long-term trend on this pair is bearish, if you look from the left side, prices have been trending downwards for a sequence of months since last year. From the chart, prices of the pair bottomed and started trending upwards. Prices have been currently consolidating in […]