Entries by Joshua Matumo

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WEEKLY ANALYSIS TRADE SETUPS & IDEAS: GBPJPY

GBPJPY (26th November to 30th November, 2018) We have a confluence on this pair, i.e. a combination of more than one price action signals/patterns. A close look on the weekly time frame reveals a clear descending price channel coupled with a near-term support level at the price of 143.964. Summary:  We’ll be keen to watch for reversal price action signals at this […]

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WEEKLY ANALYSIS TRADE SETUPS & IDEAS: EURAUD

EURAUD (26th November to 30th November, 2018) A close look at this pair’s weekly time frame reveals a well formed weekly price channel that has held grounds since January 2017 up to date. Prices have respected the boundaries of the channel. This week and the following weeks we’ll continue to watch for reversal price action signals around the upper and […]

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WEEKLY FOREX TRADE ANALYSIS OF TRADE SET-UPS & IDEAS (August 27th to august 31st)

On our weekly Trade Forex Analysis of Trade set ups and ideas for August 27th to august 31st, here is our analysis: Currency pair: EURUSD Summary: This week’s price surged high after last week’s market reversal as the bulls took over. Currently, we look forward to trade along the upward trend, as we watch the long-term […]