Forex Analysis - USDCAD, USDCHF, USDJPY, EURGBP, NZDJPY, and NZDUSD

Overview:

Watch the video for the key trading levels for the week ahead for USDCAD, USDCHF, USDJPY, EURGBP, NZDJPY, and NZDUSD.

USDCAD Daily chart:

Monthly support at 1.3262, resistance at 1.3861.

Weekly support at 1.3386, resistance at 1.3654.

Daily support at 1.3404, resistance at 1.3501.

Price advanced and closed above the 1.3386 weekly resistance level last week. Will price hold the advance, test, and move above the 1.3501 daily resistance level this week?

USDCAD daily chart on ACY MT4

USDCHF Daily chart:

Monthly support at 0.8699, resistance at 0.8757.

Weekly support at 0.8552, resistance at 0.8820.

Daily support at 0.8700, resistance at 0.8782 and 0.8806.

Price advanced and retested the 0.8757 monthly resistance level last week. Will price hold the advance and move above the 0.8820 weekly resistance level this week?

USDCHF daily chart on ACY MT4

USDJPY Daily chart:

Monthly support at 142.17, resistance at 147.68.

Weekly support at 137.90, resistance at 145.06.

Daily support at 143.98, resistance at 145.69.

Price advanced and tested the 145.06 weekly resistance level last week. Will price continue to advance and hold above the 145.06 weekly resistance level this week?

USDJPY daily chart on ACY MT4

EURGBP Daily chart:

Monthly support at 0.8547, resistance at 0.8721.

Weekly support at 0.8565, resistance at 0.8658.

Daily support at 0.8589, resistance at 0.8655.

Price advanced, retested, and reversed at the 0.8658 weekly resistance level last week. Will price decline back down to the 0.8565-47 weekly/monthly support level this week?

EURGBP daily chart on ACY MT4

NZDJPY Daily chart:

Monthly support at 80.57, resistance at 88.16 and 89.68.

Weekly support at 85.20, resistance at 87.30.                                                                     

Daily support at 86.13, resistance at 87.78.

Price advanced and held at the 87.30 weekly resistance level last week. Will price continue to advance and move above the 87.30 weekly resistance level this week?

NZDJPY daily chart on ACY MT4

NZDUSD Daily chart:

Monthly support at 0.5985, resistance at 0.6527.

Weekly support at 0.5985, resistance at 0.6050.

Daily support at 0.5938, resistance at 0.6018.

Price declined and tested the 0.5985 monthly support level last week. Will price continue to decline and hold below the 0.5985 monthly support level this week?

NZDUSD daily chart on ACY MT4

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