Weekly Market Analysis: USD/CAD, GBP/JPY & CAD/JPY

Hey traders,

Let’s hit them charts:

1. USD/CAD

Last week, the key resistance zone was compromised by aggressive buyers.

This week, all I want to see is a bullish continuation pattern before I join in and ride the trend to NPRL.

2. GBP/JPY

GBP/JPY is currently ranging.

All I will be looking out for is a break below the key resistance zone before I join the sellers to NPSZ

3. CAD/JPY

Last week, the bears broke a key support zone that has been holding price for the entire month of October.

Though we have red folder news the entire Tuesday, I strongly believe that price will most likely hit NPSZ on or before the week comes to an end.

What say you?

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