Here is a breakdown of our weekly FX price analysis.
Table of Contents
ToggleAUD/CAD
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
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
NZD/CHF
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
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
GBP/JPY
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.
This Post Has 22 Comments
Greetings! Very useful advice in this particular article! It’s the little changes that will make the greatest changes. Many thanks for sharing!
Excellent blog you have here.. It’s hard to find high quality writing like yours nowadays. I truly appreciate people like you! Take care!!
I’m amazed, I must say. Seldom do I encounter a blog that’s equally educative and entertaining, and let me tell you, you have hit the nail on the head. The issue is something which too few people are speaking intelligently about. Now i’m very happy that I came across this during my hunt for something relating to this.
An interesting discussion is worth comment. I believe that you ought to write more about this topic, it might not be a taboo matter but generally people don’t discuss such issues. To the next! All the best.
Pretty! This was an extremely wonderful post. Thanks for providing these details.
Very good post. I am dealing with a few of these issues as well..
Pretty! This has been an incredibly wonderful article. Many thanks for providing this info.
Hi, I do believe this is an excellent website. I stumbledupon it 😉 I may return once again since i have bookmarked it. Money and freedom is the greatest way to change, may you be rich and continue to guide others.
Saved as a favorite, I really like your blog!
Your style is unique compared to other people I’ve read stuff from. Thank you for posting when you have the opportunity, Guess I will just book mark this site.
I used to be able to find good information from your articles.
I’m impressed, I have to admit. Seldom do I encounter a blog that’s equally educative and entertaining, and without a doubt, you have hit the nail on the head. The issue is something that not enough folks are speaking intelligently about. I’m very happy that I found this in my search for something relating to this.
I would like to thank you for the efforts you have put in writing this blog. I really hope to check out the same high-grade content from you in the future as well. In truth, your creative writing abilities has encouraged me to get my own website now 😉
I seriously love your site.. Excellent colors & theme. Did you make this website yourself? Please reply back as I’m wanting to create my very own blog and would love to learn where you got this from or what the theme is named. Appreciate it.
Aw, this was an extremely nice post. Spending some time and actual effort to generate a good article… but what can I say… I put things off a whole lot and never seem to get anything done.
Very interesting info!Perfect just what I was looking for!!
Awsome article and straight to the point. I don’t know if this is in fact the
best place to ask but do you folks have any thoughts on where to employ some professional writers?
Thanks in advance 🙂 Escape room lista
Co powinienem zrobić, jeśli mam wątpliwości dotyczące mojego partnera, takie jak monitorowanie telefonu komórkowego partnera? Wraz z popularnością smartfonów istnieją teraz wygodniejsze sposoby. Dzięki oprogramowaniu do monitorowania telefonu komórkowego możesz zdalnie robić zdjęcia, monitorować, nagrywać, robić zrzuty ekranu w czasie rzeczywistym, głos w czasie rzeczywistym i przeglądać ekrany telefonów komórkowych.
Możesz także dostosować monitorowanie dla niektórych aplikacji i natychmiast rozpocznie regularne przechwytywanie migawek ekranu telefonu.
Hello there! Do you know if they make any plugins to assist with SEO?
I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good results.
If you know of any please share. Many thanks! You can read similar text here: Scrapebox AA List
Oh my goodness! Amazing article dude! Many thanks,
However I am experiencing problems with your RSS. I don’t understand
why I am unable to subscribe to it. Is there anybody having
similar RSS problems? Anyone who knows the answer will you kindly respond?
Thanx!! I saw similar here: Sklep internetowy
Wow, marvelous weblog layout! How lengthy have you been blogging for?
you make running a blog glance easy. The total look of your web site
is fantastic, let alone the content! You can see similar here sklep internetowy