GBP/NZD Long-Term Trend: Bullish Key Resistance Levels: 1.9504, 1.9537, 1.9578 Key Support Levels: 1.9402, 1.9359, 1.9308 4-Hour Chart: The price on the higher time frame has recently reversed the direction after having a small bearish run. There are a few big rejection wicks seen which indicate a bullish buildup and the resistance level of 1.9430 is also getting broken. GBP/NZD …
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USD/CAD Potential Downward Movement
USD/CAD Long-Term Trend: Bearish Key Resistance Levels: 1.2813, 1.2866, 1.2899 Key Support Levels: 1.2730, 1.2703, 1.2659 Daily Chart: The price on the higher time frame has recently reversed the direction after facing a rejection from the 1.3080 level. There are a few big rejection wicks seen and it has broken a support level of 1.2949 and 1.2839 which indicates a …
Read More »EUR/GBP Potential Downward Movement
EUR/GBP Long-Term Trend: Bearish Key Resistance Levels: 0.8403, 0.8492, 0.8528 Key Support Levels: 0.8324, 0.8287, 0.8202 Daily Chart: The price on the higher time frame has recently reversed the direction after facing rejection from the 0.8590 level. There are a few rejection wicks seen and it has broken a support level of 0.8439 which indicates a bearish bias. EUR/GBP Medium-Term …
Read More »EUR/AUD Potential Downward Movement
EUR/AUD Long-Term Trend: Bearish Key Resistance Levels: 1.4699, 1.4795, 1.4912 Key Support Levels: 1.4602, 1.4550, 1.4482 Daily Chart: The price on the higher time frame has been in a downtrend for months and recently it did a pullback. The pair faced resistance at the 1.5293 level and reversed from there. A trendline and a minor support level of 1.4769 has …
Read More »AUD/CAD Potential Upward Movement
AUD/CAD Long-Term Trend: Bullish Key Resistance Levels: 0.9010, 0.9068, 0.9132 Key Support Levels: 0.8926, 0.8876, 0.8826 Daily Chart: The price on the higher time frame has recently reversed the direction after having a bearish run. The pair has found support at the 0.8763 area and has formed a rejection wick. It has broken a resistance level of 0.8881 which indicates …
Read More »GBP/AUD Potential Downward Movement
GBP/AUD Long-Term Trend: Bearish Key Resistance Levels: 1.7333, 1.7407, 1.7519 Key Support Levels: 1.7202, 1.7158, 1.7031 Daily Chart: The price on the higher time frame has been consolidating after a good bearish run. There is a resistance at the 1.7814 level and the price has been rejected from there several times. The lower trendline has been broken which indicates a …
Read More »CAD/JPY Potential Upward Movement
CAD/JPY Long-Term Trend: Bullish Key Resistance Levels: 108.42, 109.52, 110.30 Key Support Levels: 107.10, 105.78, 104.62 Daily Chart: The price on the higher time frame has been in an uptrend since the last few months. It recently did a pullback and found support at the 103.25 level and bounced back from there. The pair has broken a level of 105.93 …
Read More »AUD/USD Potential Upward Movement
AUD/USD Long-Term Trend: Bullish Key Resistance Levels: 0.6989, 0.7050, 0.7105 Key Support Levels: 0.6893, 0.6803, 0.6718 Daily Chart: The price on the higher time frame has recently reversed the direction after facing support at the 0.6710 level. It has formed a rejection wick and also broken the trendline along with a resistance level of 0.6851 which indicates bullish bias. AUD/USD …
Read More »AUD/JPY Potential Upward Movement
AUD/JPY Long-Term Trend: Bullish Key Resistance Levels: 94.80, 95.65, 95.89 Key Support Levels: 94.26, 93.97, 93.49 Daily Chart: The price on the higher time frame has been trading in an uptrend for the last few months and it was showing good momentum. Recently the pair did a pullback and found support at the 91.64 level and bounced back from there. …
Read More »CHF/JPY Potential Upward Movement
CHF/JPY Long-Term Trend: Bullish Key Resistance Levels: 142.58, 143.46, 144.24 Key Support Levels: 141.01, 140.34, 139.13 Daily Chart: The price on the higher time frame has been trading in an uptrend for the last few months and it broke a resistance level of 135.37 with good momentum. Recently it did a pullback to the 138.96 level and bounced back from …
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