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  • Tuesday, 10 September 2019

    Forex Weekly Setups, 9th September to 14th September 2019

    Last weeks setups went very well with our fundamental and technical articles yielding profits, this week we are looking forward to  a much productive trading week. our websites has become one of the top Forex websites in the world and all that goes to you supporting our hard working team, below is this weeks trading commentary.

    Fundamental Outlook

    This week we have a few Fundamental opportunities as the market as most of these weeks fundamental events do not comply with our our Fundamental Direction Strategy.

    1. GDP (GBP), On Monday we looking for a Bullish Impact on the pound as the previous is below the Estimate Average Range.

    2. Retail Sales (USD), On Friday we looking for a Bullish impact on the USD  as the previous is below the Estimate Average Range.


    Technical Setups

    Below is a couple of setups we have done, irrespective to our success rate please remember stick to a proper risk management in your trading.

    GbpJpy

    The Pound Yen pair has shown some impressive gains from the our last week technical article and this week we will be looking for a continuous bullish movement in the market.


    UsdChf

    On Dollar Swiss we looking for a pullback down to 0.98100 as on the setup below which will be a drop of close to 100pips which we would motivate selling on the pair.



    NzdCad

    The market has pushed it way up above the institutional BAT zone which exposes the market to more buy opportunities, this week we will be having a very close look to this pair for further buy opportunities.



    UsdJpy

    We have been bullish when everybody said UsdJpy is going down and this week we will be looking for further bullish movement in the UsdJpy currency pair. price has currently faced a small rejection at the 61.8 fib zone and we will be looking it to drop further towards 50.0 and we will be looking for entries at that level.

    Previous Setup


    Trading is a very productive way of making money online and we will motivate you to stick to proper risk management 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.

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