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 AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, and GBPUSD all finished positive for the week. USD Index declined after the US inflation figure fell and the Fed held interest rates at 5.25%.
AUDJPY Daily chart:
Monthly support at 87.01, resistance at 96.87 and 98.43.
Weekly support at 95.73, resistance at 98.43.
Daily support at 96.53, resistance at 98.43.
Price advanced above the 96.87 monthly resistance level last week. Will price advance and target the 98.43 monthly resistance level this week?
AUDJPY daily chart on ACY MT4
AUDUSD Daily chart:
Monthly support at 0.6247, resistance at 0.6967.
Weekly support at 0.6818-05, resistance at 0.6893.
Daily support at 0.6618, resistance at 0.6984.
Price advanced above the 0.6818 weekly resistance level last week. Will price advance above the 0.6893 weekly resistance 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 advanced above the 151.61-70 weekly/monthly resistance area 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 1.0909, resistance at 1.0942.
Price advanced and tested the 1.0942 daily resistance level last week. Will price hold the advance and test the 1.1033 weekly resistance 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 above the 180.41 monthly 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 1.2854.
Price advanced above the 1.2679 weekly resistance level last week. Will price advance above the 1.2854 weekly resistance level this week?
GBPUSD daily chart on ACY MT4
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