Sunday, 18 November 2018

Forex Weekly Setups, 19th November to 24th November 2018

The Previous week was a huge success as the markets respected a lot of our setups which makes us to be different from most Forex mentors, our main purpose as Ajaxsurf is Professionalism and Perfection in the productivity of proper Forex Setups.

NzdCad

We are currently Bullish on NzdCad from last week and we are looking for further more buys on the pair until we reach 0.91700 which is currently our 1st target level according to our setup. we closed on a Bullish outside bar setup on Friday indicating a possible bullish trend for this week, please stick close to our signal group for updates on this trade.



UsdJpy

We have been holding our sell positions on the UsdJpy and we will be looking to exit towards the 111.450 area. on the previous week we noticed a 150 sell off as the USD index suffered losses towards the end of last week and this week we will be expecting more losses on the pair.
Previous Setup


GbpCad

We have reached our sell target and we will be looking for buy opportunities soon according to our Fibonacci retracement levels, we will be looking for buy setups towards level 1.67200 . Please note setup will be further discussed on the website.
Previous Setup


UsdZar
We have been holding Sell positions from 14.80 on UsdZar and we will be looking to see price reach level 12.98  as our first target towards the beginning of January. for more entries on the our second entry will be confirmed by a Daily close below level 13.91


EurChf

We have a  good sell opportunity on the EurChf as confirmed the rising wedge chart pattern, we are looking to see prices drop after a break on the setup formation on the chart.

CadJpy

The CadJpy pair is showing a good sell setup as the market shows a good head and shoulder formation and a rising wedge pattern which is on the Right Shoulder formation.

We wish your the best Trading week and ensure that proper risk management is applied in all your trading.



Sifiso Nkwanyana

Author & Editor

I hope you have recieved all the information you seek and thank you once more for browsing our website we hope to hear from you soon.

1 comments:

  1. i thank you Sfiso every time when i go through your weekly forcast at the end of each week i realise that someone out there knows what hes doing .pls keep up the good work

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