USDCAD is gaining strength
The dollar is clearly gaining strength with each passing week. In the discussed currency pair, we see that the price has approached the resistance that was set from the 2004 and 2005 periods. Later, the price also respected him, but with less accuracy. In the circle I marked the place where you can look for a signal, but taking today's data into account, I do not expect a significant correction. Unemployment is falling and the overall situation is clearly improving, so what would be the reason for the weakening of the USD? You can see the trend on the chart, so we should look for such positions.
NZDJPY fell into a new trend
After long gains, we can now observe an arc that appeared at the top of the candlestick chart. Additionally, the factor of a quick reaction to new Covid infections which should (at least seemingly) strengthen New Zealand, it turns out that it weakens the State in the eyes of investors. I have marked the place where we are going, this support is quite solid to be a reaction from the market. In case of another attempt to raise the price up, the resistance will be a good place for the profit to risk to be good.
BTC volume analysis and technical evaluation
After the cryptocurrency chart, we can see that the earlier consolidation was collecting short positions. But even until now, it is not clear whether the price will continue to fall because we stopped at support that was not pushed by sellers. This means that there was no desire to sell large and the other party did not defend this level. Thus, we have an uptrend all the time. However, if the price and investors behave as shown in the picture, then we can expect a stronger decline. And it should be like this; Breaking the support on an increased volume (signal for a further decline), raising the price up on a smaller volume (signal for a further decline - wait with purchases), further decline on an increasingly larger volume.
However, before that happens, we are still in an upward trend and you can buy BTC. Possible sale at a loss in the situation described above, as a collateral with the possibility of buying back at a better price.
