Weekly Market Insight

"Consistency is the key to Success"

Welcome to "Weekly Market Insights," Being consistent is better than relying solely on luck.

That's precisely why I've decided to provide a weekly update on GBPJPY and USDCAD. Each week, I'll be sharing insights into trends, predictions, and relevant news to keep you well-informed and strategically positioned in these currency pairs. Stay tuned for your regular dose of market updates!

You can check out the latest forex news at forexfactory.com

Weekly Analysis(14-Jan)

GJ Analysis

Fig1.1- GJ 14th Jan chart analysis

It seems like GJ is gearing up for a retest, at least that's what the indications from the 4-hour and daily charts are suggesting.

USDCAD Analysis

Fig1.2- USDCAD 14th Jan chart analysis

USDCAD is currently moving in a sideways market. I'm keeping an eye out for any strong candlestick closures in the daily chart before making any trading decisions.