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 1.3223, resistance at 1.3262.

Daily support at 1.3116, resistance at 1.3285.

Price rallied back to retest the 1.3262 monthly resistance level last week. Will price continue to advance and move above the 1.3262 monthly resistance level this week?

USDCAD daily chart on ACY MT4

USDCHF Daily chart:

Monthly support at 0.8926, resistance at 0.9084.

Weekly support at 0.8901, resistance at 0.9059-71.

Daily support at 0.8906, resistance at 0.9002.

Price held at 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 143.52, resistance at 145.10.

Price advanced and tested the 145.10 daily 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 0.8636.

Price advanced and held above the 0.8565 weekly support level last week. Will price continue to advance and move above the 0.8636 daily resistance level this week?

EURGBP daily chart on ACY MT4

NZDJPY Daily chart:

Monthly support at 88.16, resistance at 89.68.

Weekly support at 88.16, resistance at 89.68.

Daily support at 88.51, resistance at 88.97.

Price advanced and closed above the 88.16 monthly resistance level last week. Will price advance and test the 89.68 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 rallied and held above the 0.6110 weekly support level last week. Will price hold at the 0.6110 weekly support level and retest the 0.6203 daily resistance level this week?

NZDUSD daily chart on ACY MT4

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