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

Hello traders,

let’s hit them charts

 

1. USD/CAD

USD/CAD is from last week’s 

I bought based on my bullish bias but price dropped to a previous key resistance zone which is now a key support zone. This may be a good opportunity to buy the USD/CAD for those who did not buy last week

I will be holding my trade till price returns to entry level before I decide on what to do

 

2. GBP/USD

Last week closed with GBP/USD closing partially below a key support zone.

This week I will be waiting for price to properly break below the key support zone before selling and expecting price to hit NPSZ

 

3. GBP/CHF

A strong bounce was spotted on the GBP/CHF from last week’s daily close.

This week I will wait for a retracement before joining buyers to the 200 ma or NPRZ

 

What say you?

NOTE:

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