EUR/JPY Long-Term Trend: Bearish Key Resistance Levels: 127.95, 128.64, 129.77 Key Support Levels: 126.19, 125.65, 124.49 Daily Time-frame: The price on the higher time frame was trading in a big range for months with a few attempts at breaking the range to the upside. In each successive attempt, the pair made a lower high than the previous one which indicates …
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USD/CAD Potential Downward Movement
USD/CAD Long-Term Trend: Bearish Key Resistance Levels: 1.2668, 1.2742, 1.2844 Key Support Levels: 1.2562, 1.2495, 1.2435 Daily Time-frame: The price on the higher time frame has broken a range to the downside after a long time trading in that range. The pair did break to the upside but did not sustain and created a big rejection wick that shows a …
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AUD/JPY Long-Term Trend: Bullish Key Resistance Levels: 85.06, 85.72, 86.25 Key Support Levels: 83.68, 82.95, 82.32 Daily Time-frame: The price on the higher time frame has been trading in a range and was facing resistance at 84.09 we see that resistance has been broken. There is good momentum in price and we expect the bullishness to continue. AUD/JPY Medium-Term Trend: …
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EUR/USD Long-Term Trend: Bearish Key Resistance Levels: 1.1141, 1.1226, 1.1350 Key Support Levels: 1.0970, 1.0839, 1.0657 Daily Time-frame: The price on the higher time frame has been in a downtrend for months and has been moving in bearish formations. Price recently broke the zone to the downside and then there was a sudden pullback to the upside. As of now, …
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AUD/USD Long-Term Trend: Bullish Key Resistance Levels: 0.7317, 0.7374, 0.7425 Key Support Levels: 0.7223, 0.7194, 0.7166 Daily Time-frame: The price on the higher time frame has finally broken the resistance level of 0.7231 that we were watching closely. We have seen many rejection wicks from the downside and the pair is showing momentum in the move. AUD/USD Medium-Term Trend: Bullish …
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AUD/JPY Long-Term Trend: Bullish Key Resistance Levels: 83.55, 83.81, 84.01 Key Support Levels: 82.75, 82.57, 82.05 1-Hour Time-frame: The price on the higher time frame has been moving in a higher-low, higher-high pattern after yesterday’s disturbance. Price has been respecting the trendline and now it broke a resistance level of 83.02. We expect the pair to sustain above this zone …
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GBP/AUD Long-Term Trend: Bearish Key Resistance Levels: 1.8852, 1.8958, 1.9038 Key Support Levels: 1.8647, 1.8501, 1.8406 Daily Time-frame: The price on the higher time frame has shown a few rejections from the upside after being in an uptrend. Price broke the trendline to the downside and there is a head and shoulder-like formation. All signs of reversal in the trend. …
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AUD/USD Long-Term Trend: Bullish Key Resistance Levels: 0.7282, 0.7378, 0.7461 Key Support Levels: 0.7204, 0.7165, 0.7114 Daily Chart: The price on the higher time frame has shown a few rejections from the downside. The pair has also broken the upper trendline and is moving in the bullish direction after the retest. We expect the price to pick momentum and continue …
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AUD/CAD Long-Term Trend: Bullish Key Resistance Levels: 0.9252, 0.9305, 0.9368 Key Support Levels: 0.9170, 0.9098, 0.9055 Daily Time-frame: The price on the higher time frame has been moving recently in a higher-high, higher-low formation with a support level maintained at the trendline. The pair previously faced rejection at 0.9168 level and was rejected from there. As of now, that level …
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AUD/JPY Long-Term Trend: Bullish Key Resistance Levels: 83.44, 83.95, 84.27 Key Support Levels: 82.38, 81.92, 81.55 Daily Time-frame: The price on the higher time frame has been moving in a structural bullish trend recently. Price recently broke a trendline to the upside and then did a retest to the support level of 81.55. We can see that the pair bounced …
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