Weekly Market Analysis: USD/JPY, EUR/CAD, & CAD/JPY

Hello traders,

There are some interesting setups we should be paying attention to this week.

 1. USD/JPY

Last week, we saw price again hitting the low of two previous weeks, and a break outside the ascending channel.

This week, I will be waiting to see if price breaks below the key support zone. If that happens, then I will be looking for a sell opportunity and ride price with the sellers to the NPSZ

2. EUR/CAD

A clean and powerful bullish breakout can be seen on EUR/CAD.

This week, I will be waiting for a slight or major pullback before joining the party to the NPRZ

3. CAD/JPY

Last week, CAD/JPY got rejected after hitting a key resistance zone that was last tested almost two months ago.

This week, I will join the sellers to NPSZ if the current support zone get’s broken 

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