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.

Last week AUDJPY, EURJPY, EURUSD, and GBPJPY finished positive for the week. AUDUSD and GBPUSD finished down for the week. USD Index advanced from the 102.36 daily support level.

AUDJPY Daily chart:

Monthly support at 87.01, resistance at 96.87 and 98.43.

Weekly support at 95.73, resistance at 96.87.

Daily support at 95.15, resistance at 96.84.

Price held and closed above the 95.73 weekly support level last week. Will price advanced and retest the 96.87 monthly resistance 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, resistance at 0.6662-74.

Price declined down to the 0.6604 daily support level last week. Will price hold the decline and test the 0.6573 weekly support level 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 156.92, resistance at 157.98.

Price continued to advance last week. Will price advance and target the 158.59 weekly resistance level 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 declined down from the 1.0970 daily resistance level last week. Will price continue to decline and move below the 1.0844 daily support 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 advanced and held above the 182.12 daily support level last week. Will price advance and target the 188.80 monthly resistance 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 1.2544, resistance at 1.2685.

Price declined and closed above the 1.2679 weekly support level last week. Will price continue to decline and target the 1.2544 daily support level this week?

GBPUSD daily chart on ACY MT4

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