Weekly Analisa - Usd Based Pair (Major) 19/3 - 23/3

Gbp Cad Analysis

Pair Gbp Cad amnya dalam momentum bullish.
Namun ianya harus melepasi zon harga 1.8250 di atas 1.8275. Jika price gagal break, maka price akan terjun semula ke arah previous low di antara 1.8000 - 1.7750 Apabila ini berlaku maka, 1.8250 menjadi New High (monthly) dan kekal sebagai Resistance dan 1.7750 sebagai New Low.(monthly)

Cad Jpy Analysis

Cad Jpy

As you can see, i`m analysing it based on monthly timeframe and at the present moment the trend is heavily bearish from 91.25 towards the present price of 81.25.

The level 81.25 is the previous and present Monthly Support level to which if it is broken, then the price will continue it`s downtrend momentum towards 77.50 - 72.50

However if the price reject the 81.25 level , a strong possibility of bullish movement towards the previous high of 87.50 and above in long run (Q2)