Weekly market analysis: USD/JPY, NZD/JPY & CAD/CHF

Hello traders,

let’s hit the charts:

 

1. USD/JPY

Last week USD/JPY closed below a key resistance zone. 

Since the 200 ma is below price and is also in sync with the ascending trendline serving as a support level, I will be waiting for price to break above the key resistance zone before joining the buyers to NPRZ.

 

 

2. NZD/JPY

Last week on the NZD/JPY, the bulls took a little breather at the 50% Fib retracement level.

This week I will be waiting for the bulls to break the key resistance zone on the daily time frae before joining the bulls to NPRZ.

 

 

3. CAD/CHF

The 200 ma and descending trendline are in sync on the CAD/CHF

This week I will be in with the buyers to NPRZ if price breaks the 200 ma and key resistance zone, and I will be in with the sellers to NPSZ if I do get a reversal confirmation 

 

What say you?

 

NOTE:

If you are interested in taking any of the proprietary firm’s challenges, hit any of the links below and get a discount:

 

 

 

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2 thoughts on “Weekly market analysis: USD/JPY, NZD/JPY & CAD/CHF

  1. I like and trust your trading strategies. It’s there any link that will lead me to your training programs?

    1. Hello Mike,

      I am glad you like our trading strategies and have have been following us for a while. If you are interested in our trading program, you can send us a mail at: filliposaga@craftingpips.com, stating your level of experience, and what you are currently trying to work on as a trader.

      Also state what your expectations are if you subscribe to our training program.

      Lookin forward to hearing from you Mike

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