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Forex Technical Analysis Week 4 (Week of 24 Jan 2022)

Updated: Jan 30, 2022

Hello and Welcome!


How is everyone? Had a great trading week?


Some of the key news are as follow:

  1. CAD rate, will it stay put or have a hike?

  2. USD rate, guess this will be the main concern for all traders. Surely this will be a market mover for the week. No doubt.


USD Index - Expecting the USD to push higher and maybe the $96.8 level? Up trend is still intact on the higher timeframe.


GBPUSD - Breaking of the trendline on the daily chart could signify more downwards movement on Gbpusd. Bias is to short on the lower timeframe.


EURNZD - With the breakup on Friday, could we see more upside for this pair? Risky currency such as AUD and NZD looks weak.


Over here is just some of the sharings I have on Tradingview, if you would like to find out more do check out HERE !


If you would like to learn some tips and trick on Forex Trading Strategies feel free to go here to read more!


But, if this is not enough for you and you would want to learn more, do feel free to find out more here!


Hope you enjoy and like the analysis and if you do, please like and share!


Thank you!

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