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 1.3664, resistance at 1.3977.

Weekly support at 1.3705, resistance at 1.3861.

Daily support at 1.3651, resistance at 1.3804.

Price remained in consolidation last week. Will price hold at the 1.3651 daily support level and trade back up the range 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 0.9137, resistance at 0.9317.

Price declined down to the 0.9137 daily support level last week. Will price hold at the 0.9137 daily support level and trade back up the range this week?

USDJPY Daily chart:

Monthly support at 127.21, resistance at 135.16.

Weekly support at 130.40, resistance at 133.62.

Daily support at 131.11, resistance at 132.99.

Price rallied from the 130.41 weekly support level last week. Will price retest and hold at the 131.11-130.41 daily/weekly support area 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 0.8754, resistance at 0.8865.

Price remained in consolidation last week. Will price retest the 0.8754 daily support level and reverse back up the range this week?

NZDJPY Daily chart:

Monthly support at 80.57, resistance at 87.33.

Weekly support at 81.03, resistance at 82.31 and 84.91.

Daily support at 82.31, resistance at 83.53.

Price declined and tested the 80.57 monthly support level last week. Will price continue to decline and move below the 80.57 monthly support level this week?

NZDUSD Daily chart:

Monthly support at 0.5512, resistance at 0.6527.

Weekly support at 0.6191 and 0.6084, resistance at 0.6513.

Daily support at 0.6167, resistance at 0.6270 and 0.6275.

Price reversed down from the 0.6270-5 daily resistance area last week. Will price decline and move below the 0.6191 weekly support level this week?

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