Wednesday Market Analysis: USD/CHF & GBP/JPY

Hello traders.

let’s hit them charts:

 

1. USD/CHF

USD/CHF has been strongly bullish since last week.

I was actually thinking that the key resistance zone will deter the buyers this week, but it’s obvious that the buyers still have enough fuel in their tank.

If the daily candlestick closes bullish, then I may join them to the NPRZ

 

2. GBP/JPY

Since the beginning of the week, the key resistance zone on the GBP/JPY has proven difficult for the bulls to break.

I will be waiting for the close of the daily candlestick to access the strength of the resistance zone. If the buyers in GBP/JPY close weak, then I will be going short

 

What say you?

NOTE:

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