Forex Analysis - AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, and GBPUSD
2023-03-06 10:11:47
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 finish down for the week but held above the 103.82 monthly support level.
AUDJPY Daily chart:
Monthly support at 90.51, resistance at 96.87.
Weekly support at 87.01, resistance at 92.81.
Daily support at 91.27, resistance at 93.00.
Price remained in consolidation last week. Will price retest and fail at the 92.81 weekly resistance level this week?
AUDUSD Daily chart:
Monthly support at 0.6722, resistance at 0.6967.
Weekly support at 0.6629, resistance at 0.6893.
Daily support at 0.6694, resistance at 0.6811.
Price found support at the 0.6700 level last week. Will price rally and test the 0.6811 daily resistance level this week?
EURJPY Daily chart:
Monthly support at 137.49, resistance at 144.26.
Weekly support at 139.54, resistance at 146.72.
Daily support at 144.15, resistance at 146.13.
Price advanced and closed above the 144.26 monthly resistance level last week. Will price continue to advance and hold above the 144.26 monthly resistance level this week?
EURUSD Daily chart:
Monthly support at 1.0340, resistance at 1.0635.
Weekly support at 1.0481, resistance at 1.0736.
Daily support at 1.0533, resistance at 1.0655.
Price rallied back to the 1.0635 monthly resistance level last week. Will price hold the downtrend and test the 1.0533 daily support level this week?
GBPJPY Daily chart:
Monthly support at 156.07, resistance at 168.72.
Weekly support at 163.03 and 161.80, resistance at 166.33.
Daily support at 162.17, resistance at 164.03.
Price advanced and closed above the 163.03 weekly resistance level last week. Will price continue to advance and hold above the 163.03 weekly support/resistance level this week?
GBPUSD Daily chart:
Monthly support at 1.1958, resistance at 1.2391.
Weekly support at 1.1841, resistance at 1.2293.
Daily support at 1.1915, resistance at 1.2147.
Price consolidated holding above the 1.1915 daily support level last week. Will price hold the downtrend and move below the 1.1915 daily support level this week?
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