Weekly Market Analysis: USD/JPY & GBP/CAD

Welcome to the month of December traders,

Let’s hit them charts 

 

1. USD/JPY

Last week we saw price break a previous support zone

This week we are most likely going to see price move over 300 pips to NPSZ

 

2. GBP/CAD

An over stretched stoch, and price touching a key resistance zone is a recepe for sellers dominating the market as the week progresses 

I will be waiting to see a convincing rejection before joining the sellers

 

What say you?

 

NOTE:

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