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 0.8722, resistance at 0.8897.
Daily support at 0.8803, resistance at 0.8979.
Price retested the 0.8897 weekly resistance level last week. Will price decline down from 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 84.46 and 84.66.
Price remained in consolidation last week. Will price retest, hold, and fail at the 84.66-91 daily/weekly resistance level 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 0.6155, resistance at 0.6270.
Price declined down from the 0.6365 daily resistance level last week. Will price hold the downtrend and move below the 0.6191 weekly 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 and 1.3520.
Price remained in consolidation last week. Will price move above the 1.3471 daily resistance 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 0.9160, resistance at 0.9288.
Price remained in consolidation last week. Will price move above the 0.9288 daily resistance level this week?
USDJPY Daily chart:
Monthly support at 125.85, resistance at 135.16.
Weekly support at 133.62, resistance at 139.38.
Daily support at 132.89, resistance at 134.49 and 134.77.
Price advanced and almost tested the 135.16 monthly resistance level last week. Will price continue to advance and move above the 135.16 monthly resistance level this week?
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