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.

Last week EURJPY and GBPJPY finished positive for the week. AUDJPY, AUDUSD, EURUSD, and GBPUSD finished down for the week. USD Index reversed at the 102.36 daily support level and finished positive for the week.

AUDJPY Daily chart:

Monthly support at 87.01, resistance at 96.87 and 98.43.

Weekly support at 95.73, resistance at 96.87.

Daily support at 95.56, resistance at 96.53.

Price declined down to the 95.73 weekly support level last week. Will price continue to decline and move below the 95.73 weekly support level this week?

AUDJPY daily chart on ACY MT4

AUDUSD Daily chart:

Monthly support at 0.6247, resistance at 0.6967.

Weekly support at 0.6573, resistance at 0.6805-18.

Daily support at 0.6674, resistance at 0.6805.

Price declined down to the 0.6674 daily support level last week. Will price continue to decline and test the 0.6573 weekly 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 158.59.

Daily support at 151.06, resistance at 158.59.

Price continued to advance last week. Will price advance and target the 158.59 weekly resistance level this week?

EURJPY daily chart on ACY MT4

EURUSD Daily chart:

Monthly support at 1.0879, resistance at 1.1215.

Weekly support at 1.0736, resistance at 1.1033.

Daily support at 1.0892 and 1.0778, resistance at 1.0970.

Price declined down from the 1.0970 daily resistance level last week. Will price continue to decline and test 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 180.41, resistance at 188.80.

Daily support at 174.67, resistance at 182.11.

Price advanced and closed above the 182.11 daily resistance level last week. Will price advance and target the 188.80 monthly resistance level this week?

GBPJPY daily chart on ACY MT4

GBPUSD Daily chart:

Monthly support at 1.2448, resistance at 1.3168.

Weekly support at 1.2679, resistance at 1.2854.

Daily support at 1.2679, resistance at 1.2848.

Price declined down to the 1.2679 weekly support level last week. Will price continue to decline and move below the 1.2679 weekly support level this week?

GBPUSD daily chart on ACY MT4

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