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 1.3301, resistance at 1.3705.

Daily support at 1.3406, resistance at 1.3553.

Price advanced and tested the 1.3553 daily resistance level last week. Will price hold the advance and move above the 1.3553 daily resistance level this week?

USDCHF Daily chart:

Monthly support at 0.8926, resistance at 0.9084.

Weekly support at 0.8871, resistance at 0.9059.

Daily support at 0.8859, resistance at 0.9002.

Price advanced and closed above the 0.8926 monthly resistance level last week.  Will price advance, test, 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 137.76.

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

EURGBP Daily chart:

Monthly support at 0.8547, resistance at 0.8721.

Weekly support at 0.8669, resistance at 0.8718-22.

Daily support at 0.8660, resistance at 0.8734.

Price declined and closed below the 0.8718-22 weekly/monthly support area last week. Will price decline and move below the 0.8669 weekly support level this week?

NZDJPY Daily chart:

Monthly support at 80.57, resistance at 87.33.

Weekly support at 83.86, resistance at 84.91 and 85.20.

Daily support at 83.72, resistance at 85.40.

Price declined back down to the 83.86 weekly support level last week. Will price hold at the 84.91 – 85.20 weekly resistance area this week?

NZDUSD Daily chart:

Monthly support at 0.5512, resistance at 0.6527.

Weekly support at 0.6110 and 0.6084, resistance at 0.6379.

Daily support at 0.6187, resistance at 0.6314.

Price declined back down to the 0.6187 daily support level last week. Will price decline and move below the 0.6187 daily support level this week?

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