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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

12 February 2018

Market sessions

Gabriel Ojimadu

Forex market review (12/02/18)

Today, on the 12th of February, the US dollar on the whole is trading slightly down in the Asian session compared to Friday’s closing prices. The US dollar index (DXY) is currently trading around the 90.04 mark (-0.22%), while the EURUSD pair is trading at 1.2287 (+0.30%). This minor decline for the dollar is the result of a rebound on the EURUSD pair from the 1.2240 support.

Further info

09 February 2018

Market sessions

Gabriel Ojimadu

EURUSD: buyers trying to induce a reversal

On Thursday the 8th of February, trading on the euro closed slightly down. A low of 1.2212 was hit on the back of a sharp jump on the British pound and the collapse of the EURGBP cross following the conclusion of the Bank of England’s meeting.

Further info

08 February 2018

Market sessions

Gabriel Ojimadu

EURUSD: euro slumps to reversal zone at 112 – 135 degrees

On Wednesday the 7th of February, trading on the euro closed down. The EURUSD pair fell from 1.2405 to 1.2246 (-159 pips). The main driver behind the dollar’s surge was the rise in US bond yields coupled with the extension of US government funding until the 23rd of March. This downwards dynamic on the EURUSD was enough to sink the EURGBP cross as well.

Further info

07 February 2018

Market sessions

Gabriel Ojimadu

EURUSD: consolidating around the balance line

On Tuesday the 6th of February, trading on the euro/dollar pair closed slightly up. The euro dropped to 1.2315 before recovering to 1.2404 (+89). Turmoil on the US stock market subsided to help euro bulls recover their losses. At the end of the day, the indices closed between 1.7% and 2.3% up.

Further info

06 February 2018

Market sessions

Gabriel Ojimadu

EURUSD: Euro bears check for stop levels below 1.2385

On Monday the 5th of February, trading on the euro/dollar pair closed down. The euro initially recovered to 1.2475 before slumping to 1.2399. The euro depreciated on the back of a rising dollar and US bond yields.

Further info

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