TRENDING:

XAU/USD

Silver

Key Trading Levels - AUD/JPY, AUD/USD, EUR/JPY, EUR/USD, GBP/JPY, and GBP/USD

Duncan Cooper ACY Securities

Overview

Duncan Cooper summarises the key trading levels of AU/DJPY, AUD/USD, EUR/JPY, EUR/USD, GBP/JPY, and GBP/USD for the week ahead.

Last week AUD/JPY, AUD/USD, EUR/JPY, EUR/USD, GBP/JPY, and GBP/USD all finished down for the week. EUR/USD almost traded down to the 1.0340 major monthly support level.

AUD/JPY Daily chart

Monthly support at 86.24, resistance at 90.29 and 90.72.

Weekly support at 86.24, resistance at 94.31 and 95.73.

Daily support at 86.24, resistance at 90.43.

Price declined below the 90.72 and 90.29 monthly support levels last week. Will price decline down to the 86.24 monthly support level this week?

AUD/USD daily chart

Monthly support at 0.6826, resistance at 0.6967 and 0.6991.

Weekly support at 0.6826, resistance at 0.6967.

Daily support at 0.6826, resistance at 0.7030 and 0.7051.

Price declined and tested the 0.6826 monthly support level last week. Will price continue to decline and move below the 0.6826 monthly support level this week?

EUR/JPY daily chart

Monthly support at 134.12 and 133.47, resistance at 137.49.

Weekly support at 133.14, resistance at 137.52.

Daily support at 131.90, resistance at 134.77, 135.51, and 137.98.

Price declined strongly and tested the 133.14 weekly support level last week. Will price continue to decline and move below the 133.14 weekly support level this week?

EUR/USD daily chart

Monthly support at 1.0340 and 1.0206, resistance at 1.0462, 1.0522, and 1.0635.

Weekly support at 1.0340, resistance at 1.0462.

Daily support at 1.0340, resistance at 1.0471.

Price almost traded down to the 1.0340 major monthly support level last week. Will price continue to decline and move below the 1.0340 monthly support level this week?

GBP/JPY daily chart

Monthly support at 158.21 and 150.97, resistance at 163.06 and 163.87.

Weekly support at 158.06 and 152.89, resistance at 163.06.

Daily support at 155.22, resistance at 159.04 and 159.61.

Price declined strongly and closed just above the 158.21 monthly support level last week. Will price continue to decline and move below the 158.21 monthly support level this week?

GBP/USD daily chart

Weekly support at 1.2195 and 1.2074, resistance at 1.2251 and 1.2647.

Daily support at 1.2195, resistance at 1.2411.

Price continued to decline and tested the 1.2195 weekly support level last week. Will price continue to decline down and move below the 1.2195 weekly support level this week?

Author

Duncan Cooper

ACY Securities

Duncan Cooper is a full-time trader and mentor. He has been actively trading the financial markets for more than 15 years and has traded stocks, options, futures, and the Forex Market since 2005.

EUR/USD climbs to daily highs near 1.1820

EUR/USD now picks up pace and advances to the area of daily peaks north of the 1.1800 barrier at the end of the week. The pair’s decent move higher comes against the backdrop of a generalised lack of direction in the FX galaxy and the mild offered stance in the US Dollar.

GBP/USD trims losses, retests 1.3460

After briefly challenging its key 200-day SMA near 1.3440, GBP/USD now manages to regain some balance and revisit the 1.3460 zone on Friday. Cable’s pullback comes as the selling pressure on the Greenback gathers traction, reigniting some recovery in the risk-linked space.

Gold flirts with four-week highs past $5,200

Gold extends its rebound, climbing for a third consecutive session and pushing back above the $5,200 mark per troy ounce on Friday. The move higher continues to draw support from lingering geopolitical tensions and the ongoing uncertainty surrounding US trade policy, both of which are keeping safe-haven demand firmly in play.

Bitcoin, Ethereum and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Changing the game: International implications of recent tariff developments

The Supreme Court ruling on International Emergency Economic Powers Act (IEEPA) tariffs provides limited relief for the rest of the world, with weighted average tariff rates modestly lower.

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.