Wednesday market analysis: USD/CAD & GBP/USD

Hello traders,

let’s hit the charts:

 

1. USD/CAD

After the high impact news  on USD, USD/CAD may have finally showed us it’s hand.

The bears are in control, and if the daily candlestick closes bearish at this key resistance zone, then we may most likely see price hit NPSZ

 

 

2. GBP/USD

 

GBP/USD has finally slowed down at a key support zone and 200 ma, just as we anticipated on our weekly analysis

There is a huge probability that price may return at NPRZ before the week runs out, and this is also a good trading opportunity for divergent traders

 

What say you?

NOTE:

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