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  • Tuesday 25 December 2018

    Forex Weekly Setups, 24th December To 28th December 2018

    This week will be one of the less volatile week as we having Christmas tomorrow despite the volatility we have seen this morning on the USD paired currency pairs, lets take a look into this weeks forecast.


    EurAud has been pushing high in the previous weeks since the AudUsd failed to break above 0.74000 major resistance area causing other AUD paired currency pairs to face some huge volatility. on the pair last Friday the markets created a bearish engulfing candle which was a false sell setup at the optimal trade entry level, we are looking for sell opportunity at the BAT level. 


    The Canadian Japanese Yen pair has been widely affected by a number of Fundamental Factors affecting both Canada and Japan, The yen has gained magnificent strength while the CAD has shown losses with USDCAD breaking this years highs.

    XauUsd (Gold)

    Its just a few days before Gold Spot gets above our 1297 which we have marked as our first buy target in our previous weekly setups article, we looking for price to further reach 1345 as of our current setup as last week price shown a long buy opportunity on the pair buy failing to break back below the fib 50.0 region.


    We having a bullish run on the EurNzd, we looking at 1.76000 as our current target which is 600 pips from the current price levels.


    Price has pushed back down to back towards 0.70500 which acted as a very strong support level in the previous weeks, we will be looking to buy at any reversal trade setup pattern formation. ouur target upside is 0.76750

    We wish you a Merry Christmas and a Happy New Year, wish you the best this Holdiadys. Ensure that you are a part of the Ajaxsurf Premium Signals groups as we have 6 days left to join our Premium Group Life Time membership at R500 . Join now and allow us to help you become a better trader.

    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.


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