USD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.9510, 0.9575, 0.9641 Key Support Levels: 0.9416, 0.9370, 0.9307 Daily Chart: The price on the higher time frame has been forming higher highs and respecting the trendline. The pair attempted to break the resistance level of 0.9368 but faced a rejection. The price then bounced back from the trendline and has broken that …
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GBP/AUD Potential Upward Movement
GBP/AUD Long-Term Trend: Bullish Key Resistance Levels: 1.7749, 1.7871, 1.7935 Key Support Levels: 1.7519, 1.7404, 1.7248 Daily Time-frame: The price on the higher time frame has been in a downtrend and recently we saw a pullback. The pair then traded between a small range of 1.7592 and 1.7390 for some time. As of now, that range has been broken to …
Read More »USD/JPY Potential Upward Movement
USD/JPY Long-Term Trend: Bullish Key Resistance Levels: 127.15, 128.49, 129.77 Key Support Levels: 124.82, 123.46, 122.30 Daily Time-frame: The price on the higher time frame has been showing a bullish momentum for a few months. We see that the price made a pullback to the 121.21 level after a good run and then bounced back from there. We expect further …
Read More »USD/CAD Potential Upward Movement
USD/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.2738, 1.2800, 1.2897 Key Support Levels: 1.2614, 1.2567, 1.2449 Daily Time-frame: The price on the higher time frame has been trading in a range for quite some time and it attempted to break to the downside but faced a rejection. We see the price bounced from the 1.2449 level and picked momentum. In …
Read More »EUR/CHF Potential Downward Movement
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 …
Read More »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 …
Read More »GBP/USD Potential Downward Movement
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 …
Read More »EUR/USD Potential Downward Movement
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 …
Read More »EUR/CAD Potential Downward Movement
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 …
Read More »EUR/AUD Potential Downward Movement
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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