EUR/CHF Long-Term Trend: Bullish Key Resistance Levels: 1.0425, 1.0482, 1.0539 Key Support Levels: 1.0373, 1.0327, 1.0243 Daily Chart: The price on the higher time frame has been consolidating for some time after a bearish run. The pair has formed a higher-low pattern and it has broken the upper trendline. There are rejection wicks seen which indicates a trend reversal. EUR/CHF …
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USD/CAD Potential Downward Movement
USD/CAD Long-Term Trend: Bearish Key Resistance Levels: 1.2596, 1.2682, 1.2738 Key Support Levels: 1.2478, 1.2401, 1.2328 Daily Chart: The price on the higher time frame was trading between a range of 1.2895 and 1.2625 for some time and it attempted a bullish breakout but faced rejection from the 1.3080 level. The pair has continued the downward move with good momentum …
Read More »NZD/JPY Potential Upward Movement
NZD/JPY Long-Term Trend: Bullish Key Resistance Levels: 85.33, 86.39, 86.98 Key Support Levels: 84.04, 82.80, 82.17 Daily Chart: The price on the higher time frame has been in an uptrend for the last few months and recently it did a pullback. The pair found support at the trendline and bounced back. The resistance levels of 82.30 and 83.43 has been …
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EUR/JPY Long-Term Trend: Bullish Key Resistance Levels: 139.89, 141.12, 141.83 Key Support Levels: 138.41, 137.83, 136.78 Daily Chart: The price on the higher time frame has been in an uptrend for the last few months and recently it consolidated between a range of 133.14 and 137.47 for some time. The upper range has been broken now and there is a …
Read More »GBP/AUD Potential Downward Movement
GBP/AUD Long-Term Trend: Bearish Key Resistance Levels: 1.7527, 1.7568, 1.7653 Key Support Levels: 1.7438, 1.7366, 1.7278 Daily Chart: The price on the higher time frame has been in a downtrend for the last few months and recently it did a pullback. The pair faced resistance at the 1.7782 level and reversed the direction. A minor support level of 1.7585 has …
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CAD/JPY Long-Term Trend: Bullish Key Resistance Levels: 101.98, 102.63, 103.52 Key Support Levels: 100.71, 100.15, 99.33 Daily Chart: The price on the higher time frame has been in an uptrend for some time and recently it broke a resistance level of 99.18 with good momentum. There was an attempt to break this level but the price was rejected and the …
Read More »AUD/USD Potential Upward Movement
AUD/USD Long-Term Trend: Bullish Key Resistance Levels: 0.7254, 0.7326, 0.7383 Key Support Levels: 0.7165, 0.7127, 0.7066 Daily Chart: The price on the higher time frame has recently reversed from the downtrend and has formed higher lows. The pair broke a resistance level of 0.6990 and has sustained above that. Another resistance level of 0.7144 has been broken with good momentum, …
Read More »EUR/CHF Potential Downward Movement
EUR/CHF Long-Term Trend: Bearish Key Resistance Levels: 1.0289, 1.0330, 1.0382 Key Support Levels: 1.0170, 1.0103, 1.0047 Daily Chart: The price on the higher time frame has been in a downtrend for months and recently it did a pullback and faced resistance at the 1.0507 level and reversed. The pair has then broken the support level of 1.0328 and continued the …
Read More »GBP/CHF Potential Downward Movement
GBP/CHF Long-Term Trend: Bearish Key Resistance Levels: 1.2081, 1.2156, 1.2218 Key Support Levels: 1.1915, 1.1813, 1.1734 Daily Chart: The price on the higher time frame faced resistance around the 1.2421 level and was rejected. The pair has formed a few rejection wicks and lower highs are made. As of now, the price has broken the support level of 1.2107 with …
Read More »USD/CHF Potential Downward Movement
USD/CHF Long-Term Trend: Bearish Key Resistance Levels: 0.9751, 0.9875, 0.9978 Key Support Levels: 0.9609, 0.9527, 0.9446 Daily Chart: The price on the higher time frame has reversed the direction after facing a rejection around 1.0064 level. The pair has then broken a trendline and also the support level of 0.9761 with good momentum. We expect the pair to pick momentum …
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