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 1.3314-01, resistance at 1.3654-67.

Daily support at 1.3314, resistance at 1.3404.

Price declined down to the 1.3314 weekly support level last week. Will price hold at the 1.3314-01 weekly support area and move back up the range 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 declined down to the 0.9002 daily support level last week. Will price hold at the 0.9002 daily support level and retest the 0.9084 monthly resistance level this week?

USDJPY Daily chart:

Monthly support at 135.16, resistance at 141.53.

Weekly support at 137.95, resistance at 145.89.

Daily support at 138.74, resistance at 140.44.

Price remained range bound last week. Will price hold at the 138.74 daily support level and retest the 140.44 daily resistance level this week?

EURGBP Daily chart:

Monthly support at 0.8547, resistance at 0.8721.

Weekly support at 0.8547, resistance at 0.8565.

Daily support at 0.8511, resistance at 0.8567.

Priced declined and closed below the 0.8547 monthly support level last week. Will price hold the decline and test the 0.8511 daily support level this week?

NZDJPY Daily chart:

Monthly support at 80.57, resistance at 87.33.

Weekly support at 83.86, resistance at 85.20.

Daily support at 85.09, resistance at 85.33.

Price advanced back to the 85.20 weekly resistance level last week. Will price hold the advance and move above the 85.20 weekly resistance level this week?

NZDUSD Daily chart:

Monthly support at 0.5512, resistance at 0.6527.

Weekly support at 0.6084, resistance at 0.6110.

Daily support at 0.6018, resistance at 0.6179.

Price advanced and closed above the 0.6110 weekly resistance level last week. Will price hold the advance and test the 0.6179 daily resistance level this week?

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