Watch the video for the key trading levels for the week ahead for AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, and GBPUSD.
0:09 AUDJPY Forex Analysis
0:40 AUDUSD Forex Analysis
1:08 EURJPY Forex Analysis
1:52 EURUSD Forex Analysis
2:45 GBPJPY Forex Analysis
3:24 GBPUSD Forex Analysis
If you would like to follow Duncan’s forex trading analysis throughout the week, why not subscribe to the ACY Securities Live Interactive Trading Feed – Telegram Channel?
Simply contact email@example.com to get access.
To register for Duncan’s extensive trading education webinars and to get access to his indicators, go to https://acy.com/en/education/webinars
Last week AUDJPY, AUDUSD, EURUSD, GBPJPY, and GBPUSD finished positive for the week. EURJPY finished down for the week. USD Index declined as the market looks to the US inflation figures and interest rate decision in the week ahead.
AUDJPY Daily Chart:
Monthly support at 87.01, resistance at 96.87.
Weekly support at 93.03, resistance at 95.73.
Daily support at 93.00, resistance at 93.84.
Price advanced above the 93.03 weekly resistance level last week. Will price advance and target the 95.73 weekly resistance level this week?
Disclaimer: Trading involves risk.
AUDUSD Daily Chart:
Monthly support at 0.6247, resistance at 0.6967.
Weekly support at 0.6573 and 0.6564, resistance at 0.6805.
Daily support at 0.6674, resistance at 0.6771.
Price advanced and closed above the 0.6700 level last week. Will price hold the advance and test the 0.6771 – 0.6805 daily/weekly resistance area this week?
EURJPY Daily Chart:
Monthly support at 148.39, resistance at 149.77 and 151.70.
Weekly support at 148.39, resistance at 151.61.
Daily support at 148.58, resistance at 150.19.
Price declined and closed below the 149.77 monthly resistance level last week. Will price decline and test the 148.39 monthly support level this week?
EURUSD Daily Chart:
Monthly support at 1.0635, resistance at 1.0879.
Weekly support at 1.0516, resistance at 1.0736.
Daily support at 1.0667, resistance at 1.0778.
Price advanced and tested the 1.0778 daily resistance level last week. Will price hold the advance and move above the 1.0778 daily resistance level this week?
GBPJPY Daily Chart:
Monthly support at 172.13, resistance at 174.83.
Weekly support at 172.13, resistance at 175.00.
Daily support at 174.67, resistance at 175.00.
Price advanced and closed above the 174.83 monthly resistance level last week. Will price hold the advance above the 174.83 monthly resistance level this week?
GBPUSD Daily Chart:
Monthly support at 1.2448, resistance at 1.2661.
Weekly support at 1.2448, resistance at 1.2667.
Daily support at 1.2368, resistance at 1.2546.
Price advanced and retested the 1.2546 daily resistance level last week. Will price hold the advance above the 1.2546 daily resistance level this week?
Catch up with the latest news and market analysis here https://acy.com/en/market-news
Get in touch today:
#audusd #eurusd #gbpusd #audjpy #eurjpy #gbpjpy #forex #trading #analysis #forecast #forexanalysis #weeklyforexanalysis #acysecurities
Foreign exchange and derivatives trading carries significant risk and is not suitable for all investors.
You do not own, or have any interest in, the underlying assets.
Before you decide to trade foreign exchange and derivatives, we encourage you to consider your investment objectives, your risk tolerance and trading experience.
ACY Securities Pty Ltd (AFSL: 403863) provides general advice that does not consider your objectives, financial situation or needs.
You should consider if you are part of our Target Market by reviewing our TMD and read our FSG and PDS to ensure you fully understand the risks.
The content of this presentation must not be construed as personal advice and the information in this presentation is prepared without considering your objectives, financial situation or needs; please seek advice from an independent financial or tax advisor if you have any questions.
ACY Securities Pty Ltd is regulated by the Australian Securities and Investments Commission (ASIC AFSL:403863).
Registered address: ACY Tower, Level 18, 799 Pacific Hwy, Chatswood NSW 2067.
AFSL authorised us to provide financial services to Australian Residents or Businesses.
© 2018 – 2023 ACY Securities is a brand name of ACY AU and ACY LTD, ACY Securities Pty Ltd. All right Reserved.