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Gabriel Ojimadu

About the author

Gabriel Ojimadu

Gabriel was born on 14th January, 1982. In 2009 he became a graduate of Business Technology, and later earned a Post Graduate Certificate in Management.

Gabriel has been working in the banking sector since 2007, developing a more detailed interest in Forex in 2011. From 2013 onwards, Gabriel began Forex coaching: teaching both privately and at investment seminars. Gabriel prefers to combine technical analysis with fundamental analysis in order to pinpoint price levels.

Working at Alpari since May 2014.

Not married.

Hobbies: tennis; reading.

Analyst's publications

18 July 2018

Cryptocurrencies

Gabriel Ojimadu

Is bitcoin making a crypto comeback?

The cryptocurrency market was graced this week with a bit of good news - bitcoin has grown by 18% in the last two days, to 7,450 USD. Trading volumes have increased and the presence of large buyers on the market is also evident, despite the lack of any significant news on bitcoin recently.

Further info

13 July 2018

Market sessions

Gabriel Ojimadu

EURUSD: the market anxiously awaits new aggressive statements by Donald Trump

On Thursday the 12th of July, trading on the euro closed up by 2 pips. The candlestick was closed to form a doji due to price fluctuations. Sharp movements were observed during the US session following the release of US inflation data. Market players were cleaned out as the euro soared to 1.1696. Before the release of the US data, the ECB published the minutes of its latest meeting, which put pressure on the euro. As a result, we first observed a drop to 1.1650, and then a rise to 1.1690, followed by a return to 1.1666.

Further info

12 July 2018

Market sessions

Gabriel Ojimadu

Euro trying to recover day’s losses

The US dollar showed mixed dynamics against the majors in Thursday’s European session. It’s currently trading up against the euro, franc, and yen, and down against the pound, Kiwi, Aussie, and loonie.

Further info

Market sessions

Gabriel Ojimadu

EURUSD: the price has gained a foothold under the trend line

On Wednesday the 11th of July, trading on the euro closed down. The euro swung all over in the European session, and the daily candlestick closed below 1.17. The dollar, pound, and the euro were heavily influenced by the uncertainty in Britain over Brexit and sell-offs of risky assets amid the escalating trade conflict between the US and China.

Further info

11 July 2018

Market sessions

Gabriel Ojimadu

Dollar holding up against most other currencies

The greenback is trading up against all major currencies in this Wednesday’s European session. The biggest loser is the Aussie, which has shed 0.76% against the dollar. Not far behind is the Kiwi dollar, which has declined by around 0.59%. The euro is currently 0.1% down.

Further info

Market sessions

Gabriel Ojimadu

EURUSD: the price may remain between 1.1691 and 1.1791 until the end of the day

On Tuesday the 10th of July, trading on the euro closed slightly down. During European trading, the euro fell to 1.1691. Buyers managed to win back most of the losses by the close of the day. The downward correction on the dollar index contributed to the price recovery. The market seems to have calmed down after the resignations of British government ministers. The price returned to 1.1750.

Further info

10 July 2018

Market sessions

Gabriel Ojimadu

EURUSD: risks to break through the trend line

On Monday the 9th of July, trading on the euro closed slightly up. And after a drop in the American session, a long wick formed on the daily candlestick, a sign that the market is transitioning into a bearish phase.

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