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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.

Analysts Publications

14 April 2017

Market sessions

Gabriel Ojimadu

EUR/USD: moderate growth expected on Good Friday

On Wednesday, Donald Trump staged a verbal intervention against the strengthening of the US dollar, bringing it down in the process. On Thursday, the dollar recovered its losses. The EUR/USD rate fell from 1.0678 to 1.0609, bringing the Euro down just before the long weekend.

Further info

13 April 2017

Market sessions

Gabriel Ojimadu

EUR/USD: trend line broken through

The Euro closed up at the end of trading on Wednesday. The price spent the day in a sideways trend within a 35 point range from 1.0589 to 1.0624. The price broke through the trend line and exited this range towards the end of the trading day. The dollar fell on the back of comments from US president Donald Trump, who stated that the dollar is getting too strong and that it's damaging the US economy. He also called on the Federal Reserve to maintain low interest rates.

Further info

12 April 2017

Market sessions

Gabriel Ojimadu

EUR/USD: Euro again ready for a breakout of the trend line

The EUR/USD pair closed up yesterday for the second day in a row. Over the last few days, a false breakout of the trend line has been confirmed. The Euro strengthened against the US dollar to 1.0630, but that's as far as buyers managed to push the price. As traders avoided risk and the main EUR/GBP cross fell, our EUR/USD pair went into a correctional phase.

Further info

11 April 2017

Market sessions

Gabriel Ojimadu

EUR/USD: Euro remains under pressure from cross

Trading on the Euro on Monday closed slightly up. The price corrected from 1.0570 to 1.0607. The economic calendar was bare, so market activity remained low. The price spent most of its time in a sideways trend.

Further info

10 April 2017

Market sessions

Gabriel Ojimadu

The Euro has stabilised around 1.0590 level

Trading in Europe on the single currency continues to find itself in a sideways trend. The EUR/USD pair has been unable to show any significant recovery from the Asian low of 1.0570. Interest in the single currency has all but faded as the rate approaches 1.0595.

Further info

Trading ideas

Gabriel Ojimadu

Short-term trading idea FX GBP/USD - sideways trend: price trading in the middle of the range

This pair has been in a sideways trend for half a year (6 months or 128 trading days). Any news about a 'hard' Brexit has a negative influence on the British pound. The breakthrough of the minimum from the 7th of February has opened the way to the lower line of the "2-2" channel. The distance to the lower boundary of the channel at 1,2210 is 160 pips while the distance to the upper line at 1.2550 is 180 pips. If we don't experience an upwards bump today and the pound continues to slide, the it's better to think about selling.

Further info

Market sessions

Gabriel Ojimadu

EUR/USD: Monday against Friday

Trading on the EUR/USD currency pair closed in the red on Friday. The Euro fell on the back of contradictory data from the US. In March, the US created twice fewer jobs than they had forecasted and the figures for January and February were revised downwards. At the same time, unemployment fell by 0.2% to 4.5%.

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