Key Trading Levels - AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, and GBPUSD
0:00 Intro 0:31 AUDJPY 1:44 AUDUSD 2:36 EURJPY 3:23 EURUSD 4:31 GBPJPY 5:28 GBPUSD 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 protected] 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 Key Trading Levels - AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, and GBPUSD. Last week AUDJPY, AUDUSD, EURJPY, GBPJPY, and GBPUSD finished positive for the week. EURUSD finished down for the week. USD sold off strongly on Friday after the release of the ISM Services PMI data showed contraction. AUDJPY Daily Chart: Monthly support at 86.24, resistance at 90.51. Weekly support at 87.28, resistance at 90.82 and 92.59. Daily support at 87.40, resistance at 91.00. Price rallied and retested the 90.82 weekly resistance level last week. Will price remain in consolidation and decline back down to retest the 87.28 weekly support level this week? AUDUSD Daily Chart: Monthly support at 0.6671, resistance at 0.6967. Weekly support at 0.6681, resistance at 0.6893. Daily support at 0.6688, resistance at 0.6851. Price remained in consolidation last week. Will price remain in consolidation or move above the 0.6893 weekly resistance level this week? EURJPY Daily Chart: Monthly support at 137.49, resistance at 141.04. Weekly support at 137.31, resistance at 140.75. Daily support at 138.78, resistance at 140.89. Price rallied and retested the 141.04 monthly resistance level last week. Will price decline back down to retest the 137.49 monthly support level this week? EURUSD Daily Chart: Monthly support at 1.0340, resistance at 1.0635. Weekly support at 1.0368, resistance at 1.0615 and 1.0736. Daily support at 1.0479, resistance at 1.0713. Price formed a lower top on the daily chart last week. Will price form a further lower top and retest the 1.0479 daily support level this week? GBPJPY Daily Chart: Monthly support at 158.21, resistance at 168.72. Weekly support at 155.59, resistance at 163.03. Daily support at 158.58, resistance at 159.72 . Price rallied back to the 159.72 daily resistance level last week. Will price decline back down to retest the 155.59 weekly support level this week? GBPUSD Daily Chart: Monthly support at 1.1958, resistance at 1.2391. Weekly support at 1.1933, resistance at 1.2293. Daily support at 1.1900, resistance at 1.2106. Price formed a lower top on the daily chart last week. Will price hold at the 1.2106 daily resistance level and continue to decline this week? Catch up with the latest news and market analysis here https://acy.com/en/market-news Get in touch today: Web: https://www.acy.com Twitter: / acy_securities Facebook: / acy.securities YouTube: @ACYSecuritiesAustralia #audusd #eurusd #gbpusd #audjpy #eurjpy #gbpjpy #forex #trading #analysis #forexanalysis #keylevels #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.
