Weekly Market Analysis: GBP/USD, EUR/USD & EUR/CHF

Hello traders,

let’s hit them charts:

 

1. GBP/USD

Last week GBP/USD broke a key resistance zone with a sweet Marubozu

This means that we are most likely going to see a slight retracement this week, before the bulls continue their rampage to the next possible bus stop (1.30437)

 

2. EUR/USD

A beautiful bounce spotted on the EUR/USD, and the daily candlestick is almost a Marubozu

We may see a pullback this week before price continue to NPRZ

 

3. EUR/CHF

Price on EUR/CHF is currently at a sweet spot

This week, the key resistance zone and the 2oo ma may send price back to 0.94157. This is one setup I will be monitoring as the week progresses

 

What say you?

NOTE:

Our telegram group: https://t.me/+UujC4KoBe1AN0fnK

Check out our mouth watering discounts on any of the proprietary firm’s challenges:

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

error

Enjoy this blog? Please spread the word :)