Forex Analysis - AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, and GBPUSD

Overview:

Watch the video for the key trading levels for the week ahead for AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, and GBPUSD.

AUDJPY Daily chart:

Monthly support at 87.01, resistance at 96.87.

Weekly support at 93.03 and 92.43, resistance at 95.73.

Daily support at 92.89, resistance at 94.85.

Price advanced and held at the 93.03 weekly support level last week. Will price decline and retest the 93.03 weekly support level this week?

 AUDJPY daily chart on ACY MT4

AUDUSD Daily chart:

Monthly support at 0.6272, resistance at 0.6458.

Weekly support at 0.6272, resistance at 0.6458.

Daily support at 0.6386, resistance at 0.6490.

Price declined last week. Will price decline and move below the 0.6386 daily support level this week?

 AUDUSD daily chart on ACY MT4

EURJPY Daily chart:

Monthly support at 151.70, resistance at 162.42.

Weekly support at 151.61, resistance at 157.99.

Daily support at 156.86, resistance at 159.32.

Price traded back below the 157.99 weekly support/resistance level last week. Will price hold at the 157.99 weekly resistance level and decline this week?

 EURJPY daily chart on ACY MT4

EURUSD Daily chart:

Monthly support at 1.0635, resistance at 1.1095.

Weekly support at 1.0635, resistance at 1.0833.

Daily support at 1.0778, resistance at 1.0912.

Price declined below the 1.0833 weekly support level last week. Will price decline and move below the 1.0778 daily support level this week?

 EURUSD daily chart on ACY MT4

GBPJPY Daily chart:

Monthly support at 180.41, resistance at 188.80.

Weekly support at 184.00, resistance at 188.80.

Daily support at 183.24, resistance at 184.54.

Price declined and held above the 184.00 weekly support level last week. Will price hold above the 184.00 weekly support level and advance this week?

 GBPJPY daily chart on ACY MT4

GBPUSD Daily chart:

Monthly support at 1.2448, resistance at 1.3168.

Weekly support at 1.2448, resistance at 1.2679.

Daily support at 1.2554, resistance at 1.2591 and 1.2620.

Price declined below the 1.2600 level last week. Will price decline and move below the 1.2544 daily support level this week?

 GBPUSD daily chart on ACY MT4

Disclaimer: Trading involves risk.

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