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 1.3553, resistance at 1.3667.

Price advanced and retested the 1.3664 monthly resistance level last week. Will price hold the uptrend and move above the 1.3664 monthly resistance level this week?

USDCHF Daily chart:

Monthly support at 0.8926, resistance at 0.9084.

Weekly support at 0.8926, resistance at 0.9059.

Daily support at 0.8859, resistance at 0.9002.

Price reversed and closed back above the 0.8926 monthly support level last week. Will price continue to rally and move above the 0.9002 daily resistance level this week?

USDJPY Daily chart:

Monthly support at 135.16, resistance at 141.53.

Weekly support at 133.62, resistance at 137.90.

Daily support at 135.12, resistance at 137.85.

Price advanced and closed above the 135.16 monthly resistance level last week. Will price test and move above the 137.90 weekly resistance level this week?

EURGBP Daily chart:

Monthly support at 0.8721, resistance at 0.8979.

Weekly support at 0.8722, resistance at 0.8897.

Daily support at 0.8754, resistance at 0.8791 and 0.8865.

Price declined down from the 0.8865 daily resistance level last week. Will price hold at the 0.8754 daily support level and move back up the range this week?

NZDJPY Daily chart:

Monthly support at 80.57, resistance at 87.33.

Weekly support at 83.86, resistance at 84.91 an 85.20.

Daily support at 83.86, resistance at 84.91.

Price advanced and closed above the 83.86 weekly resistance level last week. Will price retest and hold at the 84.91 weekly resistance level this week?

NZDUSD Daily chart:

Monthly support at 0.5512, resistance at 0.6527.

Weekly support at 0.6084, resistance at 0.6191 and 0.6379.

Daily support at 0.6139-31, resistance at 0.6187.

Price rallied from the 0.6139-31 daily support area last week. Will price hold at the 0.6191 weekly resistance level and decline back down to retest the 0.6139-31 daily support area this week?

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