GBP/USD Long-Term Trend: Bullish Key Resistance Levels: 1.4244, 1.4344, 1.4400 Key Support Levels: 1.4007, 1.3800, 1.3672 Daily Chart: The price on the daily time frame is trending to the upside by posting higher highs and lows. Currently, the market is forming a correction count where we expect further movement to the upside in the same direction of the main trend. …
Read More »Joe Damien
USD/CAD Potential Upward Movement
USD/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.2132, 1.2255, 1.2300 Key Support Levels: 1.2059, 1.2003, 1.1942 Daily Chart: The price on the daily time frame is trending to the downside by posting lower lows and highs. Currently, the market failed to probe below the 1.2059 USD mark. we have a potential of a reversal where the market might start to …
Read More »EUR/GBP Potential Downward Movement
EUR/GBP Long-Term Trend: Bearish Key Resistance Levels: 0.8632, 0.8700, 0.8738 Key Support Levels: 0.8588, 0.8549, 0.8494 Daily Chart: The price on the daily time frame is trending to the downside by posting lower lows and highs. Currently we are in the middle of a correction that retraced to the 0.8632 USD mark. After that move we expect further movement to …
Read More »EUR/NZD Potential Upward Movement
EUR/NZD Long-Term Trend: Bullish Key Resistance Levels: 1.6914, 1.6986, 1.7000 Key Support Levels: 1.6802, 1.6674, 1.6557 Daily Chart: The price on the daily time frame is in a clear uptrend where the pair succeeded to break the daily resistance (now support), and posted an inverse head and shoulders. We are expecting further movement to the upside in the same direction …
Read More »GBP/CAD Potential Downward Movement
GBP/CAD Long-Term Trend: Bearish Key Resistance Levels: 1.7123, 1.7159, 1.7200 Key Support Levels: 1.7010, 1.6905, 1.6809 Daily Chart: The price on the daily time frame is in a clear downtrend where it is posting lower lows and highs. The pair posted a correction count to the daily resistance near the 1.7123 USD mark. We are expecting further movement to the …
Read More »CAD/JPY Potential Upward Movement
CAD/JPY Long-Term Trend: Bullish Key Resistance Levels: 90.77, 91.60, 92.00 Key Support Levels: 89.93, 89.24, 88.24 Daily Chart: The price on the daily time frame is in a clear uptrend where it posted higher highs and lows. It managed to break the daily resistance around the 89.93 USD mark with a big bullish candlestick. It formed a wedge pattern which …
Read More »GBP/JPY Potential Upward Movement
GBP/JPY Long-Term Trend: Bullish Key Resistance Levels: 154.71, 155.58, 156.00 Key Support Levels: 153.64, 153.40, 152.26 Daily Chart: The price on the daily time frame is in a clear uptrend where it posted higher highs and lows. It managed to break the daily resistance around the 153.64 USD mark with a big bullish candlestick. It formed a wedge pattern which …
Read More »GBP/USD Potential Upward Movement
GBP/USD Long-Term Trend: Bullish Key Resistance Levels: 1.4106, 1.4153, 1.4181 Key Support Levels: 1.4070, 1.4007, 1.3975 Daily Chart: The price on the daily time frame is in a clear uptrend where it posted higher highs and lows. It managed to break the daily resistance around the 1.4007 USD mark with a big bullish candlestick. It retraced to the daily support …
Read More »DOGE/USDT Potential Upward Movement
DOGE/USDT Long-Term Trend: Bullish Key Resistance Levels: 0.6132, 0.7341, 0.7400 Key Support Levels: 0.5172, 0.4176, 0.3507 Daily Chart: The price on the daily time frame managed to break the wedge formation to the upside. The price succeeded as well to break the daily resistance around the 0.5172 USDT mark. The previous resistance became support where we expect the price to …
Read More »AUD/JPY Potential Downward Movement
AUD/JPY Long-Term Trend: Bearish Key Resistance Levels: 84.59, 85.44, 85.71 Key Support Levels: 84.13, 83.09, 82.78 Daily Chart: The price on the higher time frame failed to probe above the daily resistance around the 85.71 USD mark. This led to a reversal and the market is moving to the downside. In addition, the market managed to break the daily support …
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