Weekly Market Analysis: USD/JPY & GBP/CAD

Hello traders,

let’s hit them charts:

 

1. USD/JPY

Last week we saw price conveniently break through a previous resistance zone that took price almost 2 weeks to break through.

This week I will be checking for bullish trading opportunities in the lower time frame

 

2. GBP/CAD

GBP/CAD is almost ripe

We may still get a bounce off the current support zone when the market resumes. However, there is a huge possibiity that price wil eventually break below the current support zone, and drop to NPSZ

 

What say you?

Note:

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