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 1.3567, resistance at 1.3639.

Price advanced and tested the 1.3639 daily resistance level last week. Will price hold the advance, retest, and move above the 1.3639 daily resistance level this week?

USDCHF Daily chart:

Monthly support at 0.8926, resistance at 0.9084.

Weekly support at 0.8871, resistance at 0.9059-71.

Daily support at 0.9002, resistance at 0.9062.

Price advanced and retested the 0.9059-84 weekly/monthly resistance area last week. Will price hold the advance, retest, and move above the 0.9059-84 weekly/monthly resistance area this week?

USDJPY Daily chart:

Monthly support at 135.16, resistance at 141.53.

Weekly support at 139.38, resistance at 145.89.

Daily support at 139.89, resistance at 142.24.

Price advanced and closed above the 139.38-89 weekly/daily resistance area last week. Will price advance and test the 141.53 monthly 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 0.8718.

Price remained range bound last week. Will price hold at the 0.8669-60 weekly/daily support area and move back up the range this week?

NZDJPY Daily chart:

Monthly support at 80.57, resistance at 87.33.

Weekly support at 84.91, resistance at 85.20.

Daily support at 84.44, resistance at 85.40.

Price declined down from the 87.33 monthly resistance level last week. Will price hold at the 85.20 weekly resistance level and continue to decline this week?

NZDUSD Daily chart:

Monthly support at 0.5512, resistance at 0.6527.

Weekly support at 0.6047, resistance at 0.6084 and 0.6110.

Daily support at 0.6024, resistance at 0.6084.

Price declined below the 0.6084 weekly support level last week. Will price decline and move below the 0.6024 daily support level this week?

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