Weekly forex forecast of EURJPY, USDCAD, GBPAUD, MAY (11 – 15, 2020 )

EURJPY: Price has gotten into the zone am watching out for selling my OTZ , its also a confluence of resistance and 50% fib level.

This coming week i will be looking out for short opportunity in that zone or at 116.335 resistance level.

USDCAD; We saw massive sold off last week, 241pips was gained against usd dollar.

This week ahead as price come to my OTZ the shaded zone i will be looking out for a buy signal as long as the support zone hold.

GBPAUD: Last week post we saw how will made over 200 pips sold. This coming week am still bearish on this pair as long as 1.91612 resistance is respected and price still inside descending channel

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