TRADEWITHBOLU WEEKLY FOREX ANALYSIS FOR GBPUSD, USDCHF, EURAUD, EURCHF( 7TH NOVEMBER — 11TH NOVEMBER 2022)
Hey everyone! Welcome to this Tradewithbolu’s weekly Analysis for the week ending November 11th, 2022. This week, we will be taking a look at 4 Pairs and will be sharing our take on these pairs. These pairs include: GBPUSD, USDCHF, EURAUD, EURCHF. 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.
GBPUSD
We have highlighted potential Market rejection zones where we could see price possibly reject from. If price breaks the highlighted rejection zone closest to current Market price, then we aim for the next one just right above.
USDCHF
We have marked out areas of interest where we could see price reject from to the upside. Remember to wait for candlestick reversal pattern confirmations before taking any position.
EURAUD
We have marked out the bearish order block that broke structure to the downside as our Point of interest. We are expecting price to retrace there and reject once again to the downside.
EURCHF
We expect price to reject to the downside from our already marked out zones as we have seen price break structure and also take out liquidity
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.
