Main trading levels: AUD/JPY, AUD/USD, EUR/JPY, EUR/USD, GBP/JPY and GBP/USD

AUD/JPY daily chart

Monthly support at 90.72, 90.29 and 86.24, resistance at 97.29.

Weekly support at 90.72, resistance at 94.31.

Daily support at 93.07 and 92.39, resistance at 93.85, 94.15 and 98.73.

The false price broke through the weekly resistance level of 94.31 last week. Will the price continue to decline and break below the daily support levels at 93.07 and 92.39 this week?

AUD/USD daily chart

Monthly support at 0.6967, resistance at 0.7555.

Weekly support at 0.6993, resistance at 0.7314.

Daily support at 0.7165, resistance at 0.7339, 0.7367 and 0.7456.

The price fell below the weekly support level of 0.7314 last week. Will the price go back down to the daily support level of 0.7165 this week?

EUR/JPY daily chart

Monthly support at 137.49 and 134.12, resistance at 141.04.

Weekly support at 137.52, resistance at 138.99.

Daily support at 137.12, resistance at 138.99.

The price broke above the monthly resistance level of 137.49 last week. Will the price go back down to the weekly/monthly support zone of 137.52-49 this week?

EUR/USD daily chart

Monthly support at 1.0635.

Weekly support at 1.0806 and 1.0727, resistance at 1.1121 and 1.1186.

Daily support at 1.0757, resistance at 1.0900, 1.0923, 1.0945 and 1.0961.

The price closed below the weekly support level of 1.0806 last week. Will the price continue to decline and break below the daily support level of 1.0757 this week?

GBP/JPY daily chart

Monthly support at 163.87 and 163.06, resistance at 168.01.

Weekly support at 163.87, resistance at 168.01.

Daily support at 164.64 and 159.04, resistance at 168.42.

The price rejected the monthly resistance level of 168.01 last week. Will the price hold above the daily support level of 164.64 or will it continue lower this week?

GBP/USD daily chart

Monthly resistance at 1.3168.

Weekly support at 1.2854, 1.2813 and 1.2675, resistance at 1.3000.

Daily support at 1.2813, resistance at 1.2973.

Price broke sharply below the 1.3000 weekly support level and closed below the 1.2854 weekly support level last week. Will the price hold below the weekly support level of 1.2854 and will it decline further or recover to the weekly resistance level of 1.3000 this week?

Garland K. Long