MarketBreakdown | NZDUSD, EURCAD, GBPJPY, BITCOIN

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snapshot

Here are the updates & outlook for multiple instruments in my watch list.

1️⃣ #NZDUSD daily time frame 🇳🇿🇺🇸

The market continues recovering after the extended bearish wave.

We see a breakout attempt of a strong daily resistance.
If the pair closes above that, I will expect a bullish continuation.

2️⃣ #EURCAD daily time frame 🇪🇺🇨🇦

The market is currently consolidating within a horizontal range.
I expect a continuation of sideways price action and a bullish movement from the support of the range to its resistance.

3️⃣ #GBPJPY weekly time frame 🇬🇧🇯🇵

The market continues a new bullish wave, breaking a major resistance cluster.
I will expect a bullish continuation to 219 level after a pullback.

4️⃣ #BITCOIN #BTCUSD daily time frame


The price is coiling between major horizontal resistance and support clusters.
The market will likely pull back from support.

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