EUR/GBP Long-Term Trend: Bearish Key Resistance Levels: 0.85886, 0.86094, 0.86330. Key Support Levels: 0.85503, 0.85060, 0.84723. Daily Chart: The price on the higher time frame failed to break the daily resistance showing that the sellers are weak where a fake breakout has been posted a long with a bearish engulfing pattern. The market reversed and it is traded lower where …
Read More »Joe Damien
GBP/CHF Potential Upward Movement
GBP/CHF Long-Term Trend: Bullish Key Resistance Levels: 1.27098, 1.27938, 1.28176. Key Support Levels: 1.26329, 1.25510, 1.24901. Daily Chart: The price on the higher time frame is traded inside a bullish channel formation where it succeeded to break the daily resistance around the 1.26329 CHF mark. A correction has been posted and we expect further movement to the upside in the …
Read More »GBP/JPY Potential Upward Movement
GBP/JPY Long-Term Trend: Bullish Key Resistance Levels: 153.334, 154.105, 155.000. Key Support Levels: 152.000, 151.400, 151.000. Daily Chart: The price on the higher time frame failed to break a strong support level around the 149.336 JPY mark and posted a bullish engulfing pattern plus a double bottom pattern which led to a reversal and a move higher. We expect further …
Read More »DENT/USDTPERP Potential Upward Movement
DENT/USDTPERP Long-Term Trend: Bullish Key Resistance Levels: 0.007703, 0.008871, 0.008900. Key Support Levels: 0.005696, 0.004870, 0.004800. Daily Chart: The price on the higher time frame failed to break a strong support level around the 0.005696 USDT mark and posted a bullish engulfing pattern plus a double bottom pattern which led to a reversal and a move higher. We expect further …
Read More »AUD/CHF Potential Upward Movement
AUD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.68038, 0.69095, 0.69718 Key Support Levels: 0.67157, 0.66513, 0.65126. Daily Chart: The price on the higher time frame failed to break a strong support level around the 0.65126 CHF mark and posted a bullish engulfing pattern which led to a reversal and a move higher. The market is posting higher highs and lows …
Read More »NZD/CAD Potential Upward Movement
NZD/CAD Long-Term Trend: Bullish Key Resistance Levels: 0.89328, 0.89969, 0.90544. Key Support Levels: 0.88505, 0.86915, 0.86367. Daily Chart: The price on the higher time frame failed to break a strong support level around the 0.86915 mark and posted a bullish engulfing pattern which led to a reversal and a move higher. The market is posting higher highs and lows and …
Read More »NZD/CHF Potential Upward Movement
NZD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.64970, 0.65451, 0.65500. Key Support Levels: 0.64395, 0.63969, 0.63960. Daily Chart: The price on the higher time frame failed to break a strong support level around the 0.62440 USD mark and posted a bullish engulfing pattern which led to a reversal and a move higher. The market is posting higher highs and lows …
Read More »XAU/USD Potential Upward Movement
XAU/USD Long-Term Trend: Bullish Key Resistance Levels: 1830.10, 1844.49, 1845,00. Key Support Levels: 1806.27, 1764.57, 1764,00. Daily Chart: The price on the higher time frame failed to break a strong support level around the 1764.57 USD mark which led to a reversal and a move higher. The market is posting higher highs and lows showing that we are in a …
Read More »LUNA/USDTERP Potential Upward Movement
LUNA/USDTERP Long-Term Trend: Bullish Key Resistance Levels: 36.985. 37.000, 37.500. Key Support Levels: 32.932, 30.804, 26.299. Daily Chart: The price on the higher time frame posted a bullish engulfing pattern around the 26.245 USDT mark which led to a reversal and a move upward. The market managed to break the daily resistance (now support) and retrace to it. Further movement …
Read More »CAD/JPY Potential Upward Movement
CAD/JPY Long-Term Trend: Bullish Key Resistance Levels: 88.402, 89.043, 90.141. Key Support Levels: 87.112, 86.550, 85.456. Daily Chart: The price on the higher time frame found support around the 85.456 USD before posting an engulfing bullish pattern and reversed higher. The price succeeded to break the 86.550 USD resistance (now support) and retrace to it. Further upside movement is expected …
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