FOREX PIPSACUMULATOR WEEKLY MARKET COMMENTARY
14TH MAY 2024
USDJPY.
This pair pulled up considerably after the massive drop occasioned by the BOJ intervention last week.
Our Trend Indicator is Bearish, so I am waiting for the right level to short this pair.
EURUSD-
The Key Bullish Reversal Pattern created last week Thursday is still in play and my LONG Trade executed thereafter is still open.
I expect the pair to break out at the top of the six day range for a bullish continuation as soon as this week.
GBPUSD
The Key Bullish Reversal Pattern created last week Thursday is still in play and my LONG Trade on this pair, executed last week is still open.
I expect a bullish continuation as soon as this week also.
USDCHF
The Key Bearish Reversal Pattern created last week Thursday is still in play but there has not been follow through selling in the pair.
My SHORT Trade on this pair is still open as the technical indicators scream BEARISH.
USDCAD
The Technical Picture is Bearish but the fundamental events keep holding price in a range.
I am watching for a Bearish Breakout this week.
AUDUSD
This pair bounced from Resistance turned Support at the 0.6585 level last week but there has been no follow through buying.
The Technical Picture is still bullish and I am watching for a BULLISH Breakout this week.
NZDUSD
This pair bounced from Resistance turned Support at the 0.5985 level last week but there has been no follow through buying.
The Technical Picture is still bullish and I am watching for a BULLISH Breakout this week.
MAJOR EVENTS TO WATCH THIS WEEK
TUESDAY MAY 14
UK Claimant Count Change 08.00 GMT
US Core PPI Reading 14.30 GMT
US PPI Reading 14.30 GMT
WEDNESDAY MAY 15
AUSTRALIA Wage Price Index q/q 03.30 GMT
US Core CPI m/m 14.30 GMT
US CPI m/m 14.30 GMT
US CPI y/y 14.30 GMT
US Retail Sales 14.30 GMT
US Core Retail Sales m/m 14.30 GMT
US Empire State Manufacturing Index 14.30 GMT
THURSDAY MAY 16
AUSTRALIA Unemployment Change 03.30 GMT
AUSTRALIA Employment Rate 03.30 GMT
US Unemployment Claims 14.30 GMT
There are several ways you can benefit from my FOREX PIPSACUMULATOR Trading Strategy
1.
You can join our 30 Days Educational Email Course FOREX PIPSACUMULATOR MASTERCLASS
FOREX PIPSACUMULATOR is the same trading plan I use to analyze currency prices every day with amazing results.
I will teach you all about FOREX PIPSACUMULATOR from beginner to advanced level in the MASTERCLASS.
Enrollment Fee US$100
2.
You can also subscribe to our VIP FOREX Signals Service
I will send you all my high conviction trading ideas with all parameters like currency pair, entry price, stop loss level, profit targets.
I also share my risk/money management rules and provide 24/7 online support to answer any questions you have.
We have done all the research for you.
JUST ENTER OUR VIP Forex Signals with the correct parameters and your bank account will thank me.
US$25/Month
US$50 for 3 Months
3.
You can also download The FOREX PIPSACUMULATOR Strategy Ebook if you prefer to learn at your own pace (Price US$48/Copy)
Get in touch with me today to share the joy and happiness of trading with FOREX PIPSACUMULATOR.
Stay Positive.
CHEERS!!!
Bababunmi Ogunsanya
Forex Trading Coach/ Mentor
+2347039202854
(Mobile/WhatsApp/Telegram)
14TH MAY 2024
USDJPY.
This pair pulled up considerably after the massive drop occasioned by the BOJ intervention last week.
Our Trend Indicator is Bearish, so I am waiting for the right level to short this pair.
EURUSD-
The Key Bullish Reversal Pattern created last week Thursday is still in play and my LONG Trade executed thereafter is still open.
I expect the pair to break out at the top of the six day range for a bullish continuation as soon as this week.
GBPUSD
The Key Bullish Reversal Pattern created last week Thursday is still in play and my LONG Trade on this pair, executed last week is still open.
I expect a bullish continuation as soon as this week also.
USDCHF
The Key Bearish Reversal Pattern created last week Thursday is still in play but there has not been follow through selling in the pair.
My SHORT Trade on this pair is still open as the technical indicators scream BEARISH.
USDCAD
The Technical Picture is Bearish but the fundamental events keep holding price in a range.
I am watching for a Bearish Breakout this week.
AUDUSD
This pair bounced from Resistance turned Support at the 0.6585 level last week but there has been no follow through buying.
The Technical Picture is still bullish and I am watching for a BULLISH Breakout this week.
NZDUSD
This pair bounced from Resistance turned Support at the 0.5985 level last week but there has been no follow through buying.
The Technical Picture is still bullish and I am watching for a BULLISH Breakout this week.
MAJOR EVENTS TO WATCH THIS WEEK
TUESDAY MAY 14
UK Claimant Count Change 08.00 GMT
US Core PPI Reading 14.30 GMT
US PPI Reading 14.30 GMT
WEDNESDAY MAY 15
AUSTRALIA Wage Price Index q/q 03.30 GMT
US Core CPI m/m 14.30 GMT
US CPI m/m 14.30 GMT
US CPI y/y 14.30 GMT
US Retail Sales 14.30 GMT
US Core Retail Sales m/m 14.30 GMT
US Empire State Manufacturing Index 14.30 GMT
THURSDAY MAY 16
AUSTRALIA Unemployment Change 03.30 GMT
AUSTRALIA Employment Rate 03.30 GMT
US Unemployment Claims 14.30 GMT
There are several ways you can benefit from my FOREX PIPSACUMULATOR Trading Strategy
1.
You can join our 30 Days Educational Email Course FOREX PIPSACUMULATOR MASTERCLASS
FOREX PIPSACUMULATOR is the same trading plan I use to analyze currency prices every day with amazing results.
I will teach you all about FOREX PIPSACUMULATOR from beginner to advanced level in the MASTERCLASS.
Enrollment Fee US$100
2.
You can also subscribe to our VIP FOREX Signals Service
I will send you all my high conviction trading ideas with all parameters like currency pair, entry price, stop loss level, profit targets.
I also share my risk/money management rules and provide 24/7 online support to answer any questions you have.
We have done all the research for you.
JUST ENTER OUR VIP Forex Signals with the correct parameters and your bank account will thank me.
US$25/Month
US$50 for 3 Months
3.
You can also download The FOREX PIPSACUMULATOR Strategy Ebook if you prefer to learn at your own pace (Price US$48/Copy)
Get in touch with me today to share the joy and happiness of trading with FOREX PIPSACUMULATOR.
Stay Positive.
CHEERS!!!
Bababunmi Ogunsanya
Forex Trading Coach/ Mentor
+2347039202854
(Mobile/WhatsApp/Telegram)