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

Hello Traders,

let’s hit them charts:

 

1. USD/CAD

USD/CAD gave us a decent breakout below a key support zone and the 200 ma that has held price for about 4 months

This week we may get to see a slight retracement before price continues its journey to NPSZ

 

2. GBP/USD

Last week Friday, GBP/USD closed with a killer breakout through a resistance zone that held price for over a year

I will be hunting for buy setups this week

 

3. NZD/USD

Since January this year, buyers have found it difficult crossing the key resistance zone, but the strong breakout we saw last week Friday is most likely going to encourage buyers this week to take price to the NPRZ 

So I will be hunting for buy setups this week

 

What say you?

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