TRADEWITHBOLU WEEKLY FOREX ANALYSIS FOR EURUSD, USDCHF, EURGBP, EURJPY( 3RD OCTOBER — 7TH OCTOBER 2022)
Hey everyone! Welcome to this Tradewithbolu’s weekly Analysis for the week ending October 7th, 2022. This week, we will be taking a look at 4 Pairs and will be sharing our take on these pairs. These pairs include: EURUSD, USDCHF, EURGBP, EURJPY. let’s dive in
Firstly we would be checking out the FOREX Market News to have a heads up on what is in store Fundamentally for this week.
EURUSD
We have highlighted potential rejection zones that we could possibly see price reject from to continue its downward movement. Remeber the overall market direction is a downtrend.
USDCHF
We have marked out an order block that previously broke structure and we could see price reject from it back to the upside. It also coincides with an upward trendline
EURGBP
We have marked out an order block that previously broke structure and we could see price reject from it back to the upside. It also coincides with an upward trendline. Watch out for candlestick confirmations to validate entry.
EURJPY
We have highlighted an order block that broke structure and price could reject from it back to the downside.
Ensure you validate entries with candlestick patterns as extra confirmations
Remember to Apply Proper Risk Management always when Trading. Best of Luck this week in your Trading Journey.
