Hello Traders,
Welcome to the month of February.
January was a struggling month for me in the market, but I do hope that the month of February will be a lot better
Let’s see what the charts have for us this week.
1. GBP/CHF
For over 8 months, price on the GBP/CHF has been trying to break the 1.21961 resistance level.
I have been trailing this pair for weeks now, and my thoughts are that:
Last week we saw more buyers than ever before accumulate between 1.21160 and 1.21961 level.
This week there is a possibility that price may start its journey to the next possible resistance level (1.24433)
2. GBP/AUD
Last week, GBP/AUD broke a key resistance level (1.78625) that has been holding price now for close to two months.
This week, we may see price continue its bullish to quest to the next possible resistance level (1.81711)
3. USD/JPY
Last week we saw USD/JPY give a strong bullish confirmation after breaking out from the descending channel.
This week, if the bullish bias still holds, we may see price hit the next possible resistance level (105.662)
What say you?
ATTENTION:
For those who are interested in joining our FREE trading group on Telegram, where trade ideas are discussed, which may assist your trading career while being infected by positive vibes
Smash the link: https://t.me/joinchat/FN30PxlwXbk2BcuTDdH5yg
