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 1.3664.

Weekly support at 1.3262, resistance at 1.3705.

Daily support at 1.3520, resistance at 1.3659.

Price declined down from the 1.3664 monthly resistance level last week. Will price hold the uptrend and find support at the 1.3520 daily support level this week?

USDCHF Daily chart:

Monthly support at 0.9084, resistance at 0.9360.

Weekly support at 0.9059, resistance at 0.9408.

Daily support at 0.9291, resistance at 0.9332.

Price declined down from the 0.9408 weekly resistance level last week. Will price hold the uptrend and find support at the 0.9291 daily support level this week?

USDJPY Daily chart:

Monthly support at 135.16, resistance at 141.53.

Weekly support at 133.62, resistance at 139.38.

Daily support at 135.25, resistance at 137.08.

Price declined and held above the 135.16 monthly support level last week. Will price hold the uptrend and find support at 135.16 monthly support level this week?

EURGBP Daily chart:

Monthly support at 0.8721, resistance at 0.9230.

Weekly support at 0.8722, resistance at 0.8897.

Daily support at 0.8835, resistance at 0.8896.

Price declined down from the 0.8897 weekly resistance level last week. Will price hold the uptrend and move above the 0.8897 weekly resistance level this week?

NZDJPY Daily chart:

Monthly support at 80.57, resistance at 87.33.

Weekly support at 81.03, resistance at 84.91.

Daily support at 83.45, resistance at 84.66.

Price false broke the 84.91 weekly resistance level last week. Will price retest and fail at the 84.66-91 daily/weekly resistance level this week?

NZDUSD Daily chart:

Monthly support at 0.5512, resistance at 0.6204.

Weekly support at 0.6047, resistance at 0.6191.

Daily support at 0.6131, resistance at 0.6270.

Price advanced and tested the 0.6270 daily resistance level last week. Will price hold the downtrend and test the 0.6131 daily support level this week?

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