EUR/CHF Long-Term Trend: Bearish Key Resistance Levels: 1.0141, 1.0199, 1.0238 Key Support Levels: 1.0077, 1.0048, 1.0001 Daily Time-frame: The price on the higher time frame has been in a downtrend for months and last month we saw a pullback to the 1.0400 level. The price faced rejection from that level and continued downwards after breaking minor support of 1.0207 this …
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USD/CHF Potential Upward Movement
USD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.9399, 0.9460, 0.9526 Key Support Levels: 0.9316, 0.9264, 0.9193 Daily Time-frame: The price on the higher time frame has been showing a bullish momentum for a few weeks. The pair formed higher lows and proceeded to break the resistance area of 0.9337. We expect further momentum in the trend once the price sustains …
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GBP/USD Long-Term Trend: Bearish Key Resistance Levels: 1.3105, 1.3186, 1.3262 Key Support Levels: 1.2978, 1.2907, 1.2790 Daily Time-frame: The price on the higher time frame has been in a downtrend for months. The pair recently attempted a trend reversal but faced rejection around the 1.3293 level. The price continued the trend after doing a retest of another resistance level of …
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EUR/USD Long-Term Trend: Bearish Key Resistance Levels: 1.0937, 1.1011, 1.1116 Key Support Levels: 1.0810, 1.0736, 1.0646 Daily Time-frame: The price on the higher time frame has been in a downtrend for months with occasional pullbacks. Recently the price attempted to break the trend but faced resistance around the 1.1138 level. The trendline also indicates a bearish trend continuation. EUR/USD Medium-Term …
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EUR/CAD Long-Term Trend: Bearish Key Resistance Levels: 1.3747, 1.3835, 1.3982 Key Support Levels: 1.3605, 1.3539, 1.3428 Daily Time-frame: The price on the higher time frame has been in a downtrend for weeks with occasional pullbacks. The pair first broke the support zone of 1.4162 and sustained below that level. The price did another pullback and faced resistance at the 1.3973 …
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EUR/AUD Long-Term Trend: Bearish Key Resistance Levels: 1.4854, 1.4940, 1.5033 Key Support Levels: 1.4597, 1.4492, 1.4417 Daily Time-frame: The price on the higher time frame has been in a downtrend for weeks and we saw a pullback and then a continuation of the trend. We see the price did another pullback to the 1.4940 level and the pair continued a …
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EUR/GBP Long-Term Trend: Bullish Key Resistance Levels: 0.8529, 0.8567, 0.8624 Key Support Levels: 0.8456, 0.8389, 0.8317 Daily Time-frame: The price on the higher time frame faced rejection from the downside after a bearish trend and made a sharp reversal. The price then faced another rejection from the 0.8308 level and picked momentum. The resistance level of 0.8458 has been broken …
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GBP/AUD Long-Term Trend: Bearish Key Resistance Levels: 1.7591, 1.7662, 1.7759 Key Support Levels: 1.7302, 1.7198, 1.7073 Daily Time-frame: The price on the higher time frame has been on a downtrend for a few weeks and has shown good momentum. Recently the price did pull back and faced rejection at the resistance level of 1.8185 and broke the support level of …
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AUD/USD Long-Term Trend: Bullish Key Resistance Levels: 0.7595, 0.7647, 0.7713 Key Support Levels: 0.7452, 0.7373, 0.7312 Daily Time-frame: The price on the higher time frame has been in an uptrend for the last few weeks and we have seen that the price is respecting the support and resistance levels. We expect the pair to pick up momentum again as the …
Read More »EUR/AUD Potential Downward Movement
EUR/AUD Long-Term Trend: Bearish Key Resistance Levels: 1.4877, 1.5025, 1.5123 Key Support Levels: 1.4629, 1.4564, 1.4436 Daily Time-frame: The price on the higher time frame was trading in a downtrend after it broke the trendline and we saw retracement in the price to the 1.5325 level. The pair is continuing again on the bearish side with full momentum. EUR/AUD Medium-Term …
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