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 1.3664.

Weekly support at 1.3262, resistance at 1.3705.

Daily support at 1.3475 and 1.3441, resistance at 1.3475.

Price rallied back above the 1.3475 daily resistance level last week. Will the 1.3475-41 daily support area hold as support for the next advance this week?

USDCHF Daily chart:

Monthly support at 0.9084, resistance at 0.9360.

Weekly support at 0.9071, 0.9059, and 0.9018, resistance at 0.9408.

Daily support at 0.9071, resistance at 0.9118.

Price reversed at the 0.9071-18 weekly support area last week. Will price move above the 0.9118 daily resistance level this week?

USDJPY Daily chart:

Monthly support at 127.21, resistance at 135.16.

Weekly support at 130.40, resistance at 133.62.

Daily support at 132.99, resistance at 133.74.

Price advanced from the 130.40 weekly support level last week. Will price move above the 133.62 weekly resistance level this week?

EURGBP Daily chart:

Monthly support at 0.8721, resistance at 0.9230.

Weekly support at 0.8722, resistance at 0.8897.

Daily support at 0.8754, resistance at 0.8828.

Price declined and tested the 0.8729-22 daily/weekly support area last week. Will price retest the 0.8729-22 daily/weekly support area and reverse back up the range this week?

NZDJPY Daily chart:

Monthly support at 80.57, resistance at 87.33.

Weekly support at 82.31 and 81.03, resistance at 84.91.

Daily support at 82.03, resistance at 83.53.

Price declined down from the 83.53 daily resistance level last week. Will price hold at the 83.53 daily resistance level and move below the 82.31 weekly support level this week?

NZDUSD Daily chart:

Monthly support at 0.5512, resistance at 0.6527.

Weekly support at 0.6191, resistance at 0.6468.

Daily support at 0.6180, resistance at 0.6275 and 0.6294.

Price reversed back below the 0.6275 daily resistance level last week. Will price hold the decline and move below the 0.6191 weekly support level this week?This content may have been written by a third party. ACY makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.