Forex Analysis - AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, and GBPUSD

Overview:

Watch the video for the key trading levels for the week ahead for AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, and GBPUSD.

AUDJPY Daily chart:

Monthly support at 87.01, resistance at 96.87 and 98.43.

Weekly support at 93.03, resistance at 95.73.

Daily support at 95.15, resistance at 96.82.

Price declined and closed below the 95.13 daily support level last week. Will price hold below the 95.13 daily support level and target the 93.03 weekly support level this week?

AUDJPY daily chart on ACY MT4

AUDUSD Daily chart:

Monthly support at 0.6247, resistance at 0.6967.

Weekly support at 0.6573, resistance at 0.6805-18.

Daily support at 0.6604 and 0.6595, resistance at 0.6705.

Price advanced and tested the 0.6700 level last week. Will price hold the advance and target the 0.6805-18 weekly resistance area this week?

AUDUSD daily chart on ACY MT4

EURJPY Daily chart:

Monthly support at 151.70, resistance at 162.42.

Weekly support at 151.61, resistance at 158.59.

Daily support at 151.61, resistance at 156.68 and 157.95.

Price declined last week. Will price hold the decline and form a further lower top this week?

EURJPY daily chart on ACY MT4

EURUSD Daily chart:

Monthly support at 1.0879, resistance at 1.1095.

Weekly support at 1.0635, resistance at 1.1033.

Daily support at 1.0844, resistance at 1.0970.

Price advanced and retested the 1.0970 daily resistance level last week. Will price hold at the 1.0970 daily resistance level or break out and retest the 1.1033 weekly resistance level this week?

EURUSD daily chart on ACY MT4

GBPJPY Daily chart:

Monthly support at 180.41, resistance at 188.80.

Weekly support at 180.41, resistance at 188.80.

Daily support at 182.12, resistance at 183.75.

Price declined holding at the 182.12 daily support level last week. Will price hold the decline and move down to retest the 180.41 monthly support level this week?

GBPJPY daily chart on ACY MT4

GBPUSD Daily chart:

Monthly support at 1.2448, resistance at 1.3168.

Weekly support at 1.2679, resistance at 1.2848.

Daily support at 1.2759, resistance at 1.2836.

Price advanced and tested the 1.2848 weekly resistance level last week. Will price continue to advance and move above the 1.2848 weekly resistance level this week?

GBPUSD daily chart on ACY MT4

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