Weekly Market Analysis: EUR/USD, NZD/USD & EUR/CAD

Hello traders,

It’s a brand new week, let’s hit them charts:

 

1. EUR/USD

Chart showing EURUSD

If you ask me, I would tell you that the current key support zone on EUR/USD may not hold this week.

I will be waiting for the close of the daily candlestick below the key support zone anytime during the week, before joining the bears to NPSZ

 

 

2. EUR/CAD 

Chart showing EURCAD

The key support zone on EUR/CAD seem legit.

I will be waiting to see how price reacts to the key support zone before deciding on what to do. 

If we do get a reversal candlestick pattern, then NPRZ will most likely be our next bus stop. I will not be too interested if price breaks below the key support zone.

 

 

3. NZD/USD 

Chart showing NZDUSD

This week I am planning to also hustle NZD/USD.

I still don’t know why it has refused to drop for the 2 weeks now. If price drops below the key support zone, then I will be joining the sellers to the 1st possible support level.

 

What will you be trading this week?

 

NOTE:

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