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, AUDUSD, EURJPY, EURUSD, GBPJPY, and GBPUSD all finished positive for the week. USD declined as the market looks to the US Unemployment figures on Easter Friday.

AUDJPY Daily chart:

Monthly support at 87.01 and 86.24, resistance at 90.51.

Weekly support at 87.28, resistance at 90.51.

Daily support at 88.10, resistance at 89.86.

Price rallied back towards the 89.86 daily resistance level last week. Will price hold the downtrend and move back below the 88.10 daily support level this week?

AUDUSD Daily chart:

Monthly support at 0.6247, resistance at 0.6967.

Weekly support at 0.6629, resistance at 0.6893.

Daily support at 0.6524, resistance at 0.6716.

Price rallied and held at the 0.6716 daily resistance level last week. Will price decline and retest the 0.6629 weekly support level this week?

EURJPY Daily chart:

Monthly support at 137.49, resistance at 144.26.

Weekly support at 139.54, resistance at 145.56.

Daily support at 143.62, resistance at 144.96.

Price advanced and rejected the 145.56 weekly resistance level last week. Will price decline back down the range and target the 139.54 weekly support level this week?

EURUSD Daily chart:

Monthly support at 1.0635, resistance at 1.0879.

Weekly support at 1.0736, resistance at 1.1033.

Daily support at 1.0802, resistance at 1.0927.

Price advanced and rejected the 1.0927 daily resistance level last week. Will price decline back down the range and target the 1.0736 weekly support level this week?

GBPJPY Daily chart:

Monthly support at 158.21, resistance at 168.72.

Weekly support at 155.35, resistance at 166.00.

Daily support at 163.33, resistance at 164.03.

Price advanced and rejected the 164.03 daily resistance level last week. Will price decline back down the range this week?

GBPUSD Daily chart:

Monthly support at 1.1958, resistance at 1.2391.

Weekly support at 1.2293, resistance at 1.2448.

Daily support at 1.2269, resistance at 1.2401.

Price advanced and retested the 1.2391 monthly resistance level last week. Will price hold at resistance and decline back below the 1.2293 weekly support level this week?

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