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 1.2963, resistance at 1.3262.

Weekly support at 1.3078, resistance at 1.3223.

Daily support at 1.3078, resistance at 1.3177.

Price declined down from the 1.3262 monthly resistance level last week. Will price continue to decline and target the 1.3078 weekly support level this week?

USDCAD daily chart on ACY MT4

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 0.8906, resistance at 0.9002.

Price advanced up from the 0.8926 monthly support level last week. Will price hold at the 0.8926 monthly support level and further advance this week?

USDCHF daily chart on ACY MT4

USDJPY Daily chart:

Monthly support at 142.17 and 141.53, resistance at 147.68.

Weekly support at 137.95, resistance at 145.89.

Daily support at 140.92, resistance at 143.52.

Price advanced and closed above the 142.17 monthly resistance level last week. Will price continue to advance and target the 145.89 weekly resistance level this week?

USDJPY daily chart on ACY MT4

EURGBP Daily chart:

Monthly support at 0.8547, resistance at 0.8721.

Weekly support at 0.8565 and 0.8512, resistance at 0.8718.

Daily support at 0.8531, resistance at 0.8612.

Priced advanced and closed back above the 0.8547 monthly support level last week. Will price hold at the 0.8565-47 weekly/monthly support area and further advance this week?

EURGBP daily chart on ACY MT4

NZDJPY Daily chart:

Monthly support at 87.86 and 87.33, resistance at 88.16.

Weekly support at 87.30, resistance at 88.16.

Daily support at 86.85, resistance at 88.55.

Price declined and closed below the 88.16 monthly resistance level last week. Will price advance above the 88.16 monthly resistance level this week?

NZDJPY daily chart on ACY MT4

NZDUSD Daily chart:

Monthly support at 0.5512, resistance at 0.6527.

Weekly support at 0.6110, resistance at 0.6379.

Daily support at 0.6134, resistance at 0.6203.

Price declined down from the 0.6203 daily resistance level last week. Will price hold at the 0.6134 daily support level and retest the 0.6203 daily resistance level this week?

NZDUSD daily chart on ACY MT4

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