AUD/USD Long-Term Trend: Bullish Key Resistance Levels: 0.7195, 0.7251, 0.7331 Key Support Levels: 0.7091, 0.6992, 0.6950 Daily Chart: The price on the higher time frame has been consolidating after a bearish run and it made a range of 0.6865 and 0.6991 the upper range is now broken with momentum and the price has sustained above that which indicates a bullish …
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GBP/CHF Potential Downward Movement
GBP/CHF Long-Term Trend: Bearish Key Resistance Levels: 1.1550, 1.1584, 1.1626 Key Support Levels: 1.1430, 1.1356, 1.1310 Daily Chart: The price on the higher time frame was consolidating in a range of 1.2411 and 1.2109 for some time and then the lower range was broken with good momentum. The pair made a small trading zone and has broken the lower range …
Read More »NZD/JPY Potential Upward Movement
NZD/JPY Long-Term Trend: Bullish Key Resistance Levels: 85.52, 86.33, 86.74 Key Support Levels: 84.29, 83.97, 83.30 Daily Chart: The price on the higher time frame has been in an uptrend for months and it showed a good bullish run. Recently the pair has been in a consolidation zone after the move and has found support at the 82.30 level. It …
Read More »GBP/JPY Potential Upward Movement
GBP/JPY Long-Term Trend: Bullish Key Resistance Levels: 164.32, 165.25, 166.36 Key Support Levels: 161.92, 161.16, 160.32 Daily Chart: The price on the higher time frame has been in an uptrend for months and it had a pullback after having a good bullish run. The pair consolidated for some time and has found support at the 159.50 area and it is …
Read More »GBP/NZD Potential Upward Movement
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 …
Read More »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 …
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