Key Trading Levels - EURGBP, NZDJPY, NZDUSD, USDCAD, USDCHF, and USDJPY
Overview:
Watch the video for the key trading levels for the week ahead for EURGBP, NZDJPY, NZDUSD, USDCAD, USDCHF, and USDJPY.
EURGBP Daily chart:
Monthly support at 0.8721, resistance at 0.9230.
Weekly support at 0.8721, resistance at 0.8897.
Daily support at 0.8754, resistance at 0.8852.
Price declined and closed below the 0.8852 daily support level last week. Will price form a higher bottom and retest 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 82.55, resistance at 84.66.
Price remained in consolidation last week. Will price test, hold, and fail at the 84.66-91 daily/weekly resistance area this week?
NZDUSD Daily chart:
Monthly support at 0.6204, resistance at 0.6527.
Weekly support at 0.6191, resistance at 0.6468.
Daily support at 0.6304, resistance at 0.6365.
Price declined down to the 0.6304 daily support level last week. Will price hold the downtrend and retest the 0.6204 monthly support level this week?
USDCAD Daily chart:
Monthly support at 1.2963, resistance at 1.3664.
Weekly support at 1.3225, resistance at 1.3705.
Daily support at 1.3262, resistance at 1.3471.
Price reversed at the 1.3471 daily resistance level last week. Will price decline and test the 1.3262 daily support level this week?
USDCHF Daily chart:
Monthly support at 0.9084, resistance at 0.9360.
Weekly support at 0.9084, resistance at 0.9408.
Daily support at 0.9160, resistance at 0.9288.
Price reversed at the 0.9288 daily resistance level last week. Will price hold at the 0.9160 daily support level and advance this week?
USDJPY Daily chart:
Monthly support at 125.85, resistance at 135.16.
Weekly support at 130.40, resistance at 133.62.
Daily support at 131.11, resistance at 132.87.
Price rejected the 130.40 weekly support level last week. Will price test and move above the 133.62 weekly resistance level this week?This content may have been written by a third party. ACY makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.