Weekly FX Price Analysis: AUD/CAD Looks Bullish


Here is a breakdown of our weekly FX price analysis.


AUD/CAD has been on a steady downtrend all through last week. However, now, it is approaching a critical support zone around the 0.8900 area. We will be waiting and watching price behavior around this region to enter a buy position on confirmation later this week.

AUD/CAD Price Chart


NZD/JPY plummeted last week. This week, the free fall of price is predicted to continue. The falling trendline acted as resistance and held. Consequently, we will maintain our sell bias on the currency pair on confirmation aiming 80.00 area.

NZD/JPY Price Chart


In our last week’s analysis, I predicted this currency pair to fall from 0.7000. This area was former support which now acts as resistance.

This week, I predict that the price will continue to fall, aiming for the 0.5600 area. Therefore, we will continue to sell this pair on confirmation.

NZD/CHF Price Chart


EUR/JPY was on a retracement trend mostly last week, aiming towards the 138.50 resistance. Therefore, we will continue selling this currency pair while watching price action again around this 138.50 resistance aiming at the 134.00 area.

EUR/JPY Price Chart


This currency pair shows a similar structure to all */JPY pairs. Last week, GBP/JPY retraced to the resistance around 164.00 and dropped briefly. This week, we will sell this currency pair upon sell confirmation from the currency levels or when it retraces once again to the resistance 164 area.

GBP/JPY Price Chart

Are you interested in receiving real-time Forex Trading Signals Directly To Your Phone?

Don’t hesitate to subscribe to my VIP Forex Trading Signals Today.

Important Link

Fund Your Deriv Account
Withdraw Funds to Your Local Currency
VIP Trading Signals
Learn To Trade

Contact Us

Follow Us


Forex, Crypto, Options, and Binary Options have both large potential rewards and large potential risks. Therefore, before investing or trading any of the assets, ensure you are aware of and willing to accept the accompanying risks. Do not trade money you cannot afford to lose.

All Rights Reserved. None of the content of this website can be published elsewhere by any means without the prior consent of the owner(s). Please, check our terms & conditions and privacy policy before continuing to use this website.

This website and its owner(s) are not in any way liable for any incurred loss, whether caused by the information provided on this website or otherwise. The use of this website, including the content and information provided, is the user’s sole liability.