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 from the 1.3406 daily support level last week. Will price hold the advance, retest, 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 0.8972, resistance at 0.9002.

Price advanced and tested the 0.9059 weekly resistance level last week. Will price hold the advance, retest, and move above the 0.9059 weekly resistance level this week?

USDJPY Daily chart:

Monthly support at 135.16, resistance at 141.53.

Weekly support at 137.90, resistance at 139.38.

Daily support at 137.76, resistance at 138.74.

Price advanced and tested the 137.90 weekly resistance level last week. Will price advance and test the 139.38 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 0.8668-60, resistance at 0.8720.

Price remained range bound last week. Will price retest the 8718-22 weekly resistance area and move back down the range this week?

NZDJPY Daily chart:

Monthly support at 80.57, resistance at 87.33.

Weekly support at 85.20, resistance at 87.86.

Daily support at 85.90, resistance at 87.20.

Price advanced above the 85.90 daily resistance level last week. Will price hold the advance and retest the 87.33 monthly resistance level 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 advanced from the 0.6187 daily support level last week. Will price hold the advance and move above the 0.6314 daily resistance level this week?

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