TRADEWITHBOLU WEEKLY FOREX ANALYSIS FOR USDCHF, USDCAD, EURCAD, EURJPY( 10TH OCTOBER — 14 TH OCTOBER 2022)
Hey everyone! Welcome to this Tradewithbolu’s weekly Analysis for the week ending October 14th, 2022. This week, we will be taking a look at 4 Pairs and will be sharing our take on these pairs. These pairs include: USDCHF, USDCAD, EURCAD, 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.
USDCHF
Price currently making a 4th touch to a resistance zone. We could see a possible break and continuation to the upside.
USDCAD
Price is currently at a major resistance zone. Price could break the resistance zone and make its way to the upside, or reject back to the downside.
EURCAD
We have marked out a trendline coinciding with an orderblock that we could possibly see price reject from back to the downside. We have our eyes on the marked out regions.
EURJPY
We have our orderblock marked out which also coincides with the 61.8 fib retracement zone. We expect a potential rejection back to the upside from this zone.
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.
