Weekly market analysis: USD/JPY, NZD/JPY & CAD/CHF

Hello traders,

let’s hit the charts:

1. USD/JPY

Last week USD/JPY closed below a key resistance zone. 

Since the 200 ma is below price and is also in sync with the ascending trendline serving as a support level, I will be waiting for price to break above the key resistance zone before joining the buyers to NPRZ.

2. NZD/JPY

Last week on the NZD/JPY, the bulls took a little breather at the 50% Fib retracement level.

This week I will be waiting for the bulls to break the key resistance zone on the daily time frae before joining the bulls to NPRZ.

3. CAD/CHF

The 200 ma and descending trendline are in sync on the CAD/CHF

This week I will be in with the buyers to NPRZ if price breaks the 200 ma and key resistance zone, and I will be in with the sellers to NPSZ if I do get a reversal confirmation 

What say you?

NOTE:

• FIDELCREST: https://fidelcrest.com/#CRAFTER
• THE FUNDED TRADER: https://dashboard.thefundedtraderprogram.com/purchasechallenge-n/?sl=3322 (use the coupon code: THE0CRAFTER)
• MY FUNDED FX: https://myfundedfx.tech/purchasechallenge/?sl=758
• BESPOKE FUNDING PROGRAMME: https://www.bespokefundingprogram.com/The_Crafter?ref=The_Crafter