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


• 18.04.2022 06:00 pm
#stocks , 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 found resistance at the 94.00 level. Will price decline back down to the 90.71 monthly support level?
• AUDUSD has rallied back to the 0.7456 daily resistance level after finding support at the 0.7400 level.
• EURJPY has found support at the 134.51 daily support level. Will price retest the 137.49 monthly resistance level or form a lower top on the daily chart?
• EURUSD has found support at the 1.0806 weekly support level rallying back towards the 1.0900 daily resistance level.
• GBPJPY has advanced back to the 164.64 daily resistance level.
• GBPUSD has rejected the 1.3000 weekly support level rallying back towards the 1.3134 weekly resistance level.
• NZDJPY has failed at the 86.40 monthly resistance level for the third time. Will price decline back down to the 83.90 monthly support level?
• NZDUSD has rejected the 0.6890 weekly resistance level.
• USDJPY has tested the 125.84 monthly resistance level. Will price hold or move above the 125.84 monthly resistance level?
• USD Index has tested the 100.39 monthly resistance level. Will price hold or move above the 100.39 monthly resistance level?
• S&P 500 continues to decline this week. Will price decline back down to the 4268 monthly support level?

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