Key Trading Levels - AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDJPY, USD Index, & S&P 500

  • Duncan Cooper , Senior Market Strategist & Trading Mentor at ACY

  • 21.04.2022 12:00 pm
  • undisclosed , Duncan Cooper is a full-time trader and mentor and the Senior Market Strategist at ACY Securities. Trading full-time since 2009, Duncan's insights are from the battleground of real-time markets, not theory, and he thrives on educating traders to reach their financial goals.

Overview:

Watch the video for the key trading levels for AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDJPY, USD index, and S&P 500.

Read the updated analysis below:

  • AUDJPY has broken above the 94.31 daily resistance level and is finding support at the 95.00 level.
  • AUDUSD has rallied back to the 0.7456 daily resistance level. Will price hold and fail at this resistance level?
  • EURJPY has broken above the 137.49 monthly resistance level. Will the 137.49 monthly resistance level now become support for the next advance?
  • EURUSD has found support at the 1.0806 weekly support level rallying back towards the 1.0900 daily resistance level.
  • GBPJPY has advanced to the 168.01 monthly resistance level.
  • GBPUSD has found support at the 1.3000 weekly support level. Will price rally back to the 1.3168 monthly resistance level?
  • NZDJPY has broken above the 86.40 monthly resistance level. Will the 86.40 monthly resistance level now become support for the next advance?
  • NZDUSD has rallied back to the 0.6804 monthly resistance level.
  • USDJPY has broken above the 125.85 monthly resistance level. Will the 125.85 monthly resistance level now become support for the next advance?
  • USD Index has closed back below the 100.39 monthly resistance level. Will price decline back to the 99.42 weekly support level?
  • S&P 500 continues to rally this week, but the overall trend remains down showing lower tops and bottoms on the daily chart.

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