• Open Account
  • Premium
  • Monday 10 December 2018

    Forex Weekly Setups, 10th December To 14th December 2018

    We had a beautiful week close as we banked huge profits on the Nonfarm Payroll and the Canadian employment data, this week we may look to see possible completion of the previous news movements or retracements in certain pairs.

    The Dollar Yen pair has been trading in a range area in the previous weeks, we currently looking for the pair to reach the bullish order blocks at level 111.600 before having to continue with the bullish price trend. currently  we looking to sell UsdJpy at 113.620

    On this pair we currently holding long term buy positions as we entered earlier at 73.000 which plus 500 pips away from the current market price, we are looking for further move to the upside. this is well analysed and we will continue until our measured target is reached


    The South African Rand retrace significantly from last week despite the weaker US Dollar news release, we will be looking for price to continue with retracements until it reaches our next selling zone

    This is a good selling opportunity for AudChf, please use proper risk management.


    Th GbpCad has allowed us to bank some good money and we are looking to bank more on this bullish setup as we have an inside bar at the support which is indeed a good buying opportunity on the pair.


    We have been holding from last week, we hold until we reach 0.97800
    Previous Setup

    We thank you for going through our weekly forecast, please note that we running a special on our Life Time Forex Signal Service. we have dropped life time signals offer from R1500 to R500 please visit our signals page to join.

    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.


    Post a Comment

    Although every comment is appreciated, due to time limitations I might not be able to respond to everyone. Keep it in mind that we respect all comments by our readers but all spam comments and spam links will be deleted. Thanks for understanding!