Analytical Sunday presents us with EUR/USD, USD/CAD & USD/JPY

Hello traders,

let’s see what the market has for us this week:

 

1. EUR/USD

Last week on the EUR/USD, there was a failed attempt to break the key resistance zone.

Last week closed with price also respecting the 200 moving average and giving us a reversal candlestick. This week we are most likely to see price retest the brown zone which is the next possible support zone.

 

 

2. USD/CAD

USD/CAD closed last week giving us a strong bullish outlook.

This week we have an option of joining the buyers depending on whatever strategy we use to implement our entries. Price next possible bus stop is the blue zone, also known as the next possible resistance zone

 

 

3. USD/JPY 

USD/JPY spent the entire last week forming a consolidation around the key support zone.

This week we are most likely going to see price begin its over 400 pips bullish move to the next possible resistance zone (brown zone)

 

What say you?

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