Watch the video for the key trading levels for the week ahead for USDCAD, USDCHF, USDJPY, EURGBP, NZDJPY, and NZDUSD.

00:00 Intro
00:08 USDCAD Forex Analysis
00:52 USDCHF Forex Analysis
01:29 USDJPY Forex Analysis
02:24 EURGBP Forex Analysis
03:13 NZDJPY Forex Analysis
04:12 NZDUSD Forex Analysis

USDCAD Daily Chart:
Monthly support at 1.3262, resistance at 1.3664.
Weekly support at 1.3301, resistance at 1.3705.
Daily support at 1.3406, resistance at 1.3553.
Price advanced from the 1.3406 daily support level last week. Will price hold the advance, retest, and move above the 1.3553 daily resistance level this week?

USDCHF Daily Chart:
Monthly support at 0.8926, resistance at 0.9084.
Weekly support at 0.8871, resistance at 0.9059.
Daily support at 0.8972, resistance at 0.9002.
Price advanced and tested the 0.9059 weekly resistance level last week. Will price hold the advance, retest, and move above the 0.9059 weekly resistance level this week?

USDJPY Daily Chart:
Monthly support at 135.16, resistance at 141.53.
Weekly support at 137.90, resistance at 139.38.
Daily support at 137.76, resistance at 138.74.
Price advanced and tested the 137.90 weekly resistance level last week. Will price advance and test the 139.38 weekly resistance level this week?

EURGBP Daily Chart:
Monthly support at 0.8547, resistance at 0.8721.
Weekly support at 0.8669, resistance at 0.8718-22.
Daily support at 0.8668-60, resistance at 0.8720.
Price remained range bound last week. Will price retest the 8718-22 weekly resistance area and move back down the range this week?

NZDJPY Daily Chart:
Monthly support at 80.57, resistance at 87.33.
Weekly support at 85.20, resistance at 87.86.
Daily support at 85.90, resistance at 87.20.
Price advanced above the 85.90 daily resistance level last week. Will price hold the advance and retest the 87.33 monthly resistance level this week?

NZDUSD Daily Chart:
Monthly support at 0.5512, resistance at 0.6527.
Weekly support at 0.6110 and 0.6084, resistance at 0.6379.
Daily support at 0.6187, resistance at 0.6314.
Price advanced from the 0.6187 daily support level last week. Will price hold the advance and move above the 0.6314 daily resistance level this week?

Register for Duncan’s free webinars here:
https://acy.com.au/en/education/webinars

Tonight’s Webinar:
23MAY
Forex Trading – Live Market Analysis
Tue, 7:00PM SYDNEY TIME
60 mins

During this webinar, Duncan Cooper will review 12 currency pairs, determine the key support and resistance trading levels for the week ahead, discuss his favourite risk to reward trading opportunities, and answer your trading questions.

24 MAY
Using Pivot Points to Identify Key Intraday Support & Resistance Levels
Wed, 7:00PM SYDNEY TIME
60 mins

During this webinar, you will learn how to use Pivot Points as intraday support and resistance levels, and determine the support and resistance, buy and sell zones for the trading day. Finishing with a simple trading strategy.

25 MAY
Live Forex Market Review – Identifying High Probability Trading Levels
Thu, 7:00PM SYDNEY TIME
60 mins

In this webinar, Duncan Cooper will analyse the trend, support and resistance, and use Fibonacci retracements to identify high probability trading levels on the major currency pairs. Plus, a live Q & A on your favourite charts.

Catch up with the latest news and market analysis here https://acy.com/en/market-news

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@ACYSecuritiesAustralia

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