Market Analysis

**Jesse Ryder** · 24-02-21, 23:53

CAD/JPY is maintaining a nice looking uptrend over the period of time. But unfortunately it could not pass the last and strong resistance this time. It is moving to a small price correction but hopefully it will back to it’s uptrend soon. It’s the right time of watch at the right time. At 83.00 , it has a strong situation to bounce back.

**Jesse Ryder** · 24-02-21, 23:54

NZD/JPY is on fire for the long term as well as short term. It is trying to exceed the previous resistance at 77.06 and passed but is still fighting to stay there. and creating a DOJI means buyers are confused this time. It’s time to watch for a few price actions before going to make any purchase.

**Jesse Ryder** · 24-02-21, 23:55

AUD/NZD has regained its sharp uptrend recently and it is just behind of the strongest resistance. It has strong resistance at 1.0843. It is time to buy more if you have fresh capital in your hand. In a few days we will see a quick price gain for sure.

**Jesse Ryder** · 28-02-21, 21:52

AUD/USD having a good time for a long time. Recently it moves sidewise in between 0.7818 and 0.7670. There is a small price fluctuation having a good chance of sure profit from this situation. I personally like this kind of movement for my trades. It recently broke the height resistance at 0.7818 and confirms the new uptrend.

**Jesse Ryder** · 28-02-21, 21:54

NZD/USD is my favorite one for a long time. Look at this, it is having a really good position over the period of time. Though it broke the long term uptrend but recently it broke its height resistance and shows big movement for future. My recommendation is to buy.

**Jesse Ryder** · 28-02-21, 21:56

CHF/JPY was set for a sidewise trend after a quick up trend, this scenario is a charming one to invest for a short time period. It recently came back from strong resistance level 118.700 and is moving to real strong support level 116.30. I hope it will come back from this support level for sure.

**Jesse Ryder** · 28-02-21, 21:58

GBP/JPY having a long term uptrend from OCT 2020 and keep continuing. I do not find any issues here yet, it just keeps going everyday by beating the previous day’s value in the last few days. It is an ideal instrument to invest for the long term and short term.