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 Potential Upward Movement
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 …
Read More »EUR/JPY Potential Upward Movement
EUR/JPY Long-Term Trend: Bullish Key Resistance Levels: 132.92, 133.45, 134.12 Key Support Levels: 130.70, 130.01, 127.85 Daily Time-frame: The price on the higher time frame has been in a bullish momentum after facing rejection from around 124.4 level. We can see the price is continuing the move and has broken a resistance level of 131.49. Expect further bullish moves from …
Read More »USD/CAD Potential Downward Movement
USD/CAD Long-Term Trend: Bearish Key Resistance Levels: 1.2695, 1.2775, 1.2853 Key Support Levels: 1.2550, 1.2495, 1.2453 Daily Time-frame: The price on the higher time frame was trading in a range for a few weeks and recently made an unsuccessful attempt to break the zone to the upside. After a breakout to the upside, the price faced rejection and reversed sharply. …
Read More »EUR/CHF Potential Upward Movement
EUR/CHF Long-Term Trend: Bullish Key Resistance Levels: 1.0405, 1.0468, 1.0528 Key Support Levels: 1.0270, 1.0191, 1.0112 Daily Time-frame: The price on the higher time frame was in a downtrend for weeks and then the pair saw a sharp reversal after the rejection. The price has broken the trendline to the upside and also broken a resistance level of 1.0332 that …
Read More »EUR/JPY Potential Upward Movement
EUR/JPY Long-Term Trend: Bullish Key Resistance Levels: 130.85, 131.93, 133.19 Key Support Levels: 128.86, 127.96, 126.68 Daily Time-frame: The price on the higher time frame has shown good momentum to the upside. The price did a sharp reversal after facing rejection from the downside. The price could find support at the 129.07 level and should continue the bullish momentum. …
Read More »AUD/USD Potential Downward Movement
AUD/USD Long-Term Trend: Bearish Key Resistance Levels: 0.7287, 0.7325, 0.7381 Key Support Levels: 0.7184, 0.7149, 0.7095 Daily Time-frame: The price on the higher time frame was moving in the bullish direction until it faced rejection and did a sharp reversal in the trend. The price broke the support level of 0.7277 with good momentum that confirms the bearish trend. …
Read More »CAD/JPY Potential Upward Movement
CAD/JPY Long-Term Trend: Bullish Key Resistance Levels: 93.43, 94.33, 95.42 Key Support Levels: 90.96, 90.01, 89.42 Daily Time-frame: The price on the higher time frame was trading in a range for quite some time and tried to break to the downside but the move did not sustain and the price was rejected. As of now, the price has broken the …
Read More »USD/CHF Potential Upward Movement
USD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.9357, 0.9409, 0.9466 Key Support Levels: 0.9253, 0.9198, 0.9163 Daily Time-frame: The price on the higher time frame was trading in a trading range between 0.9259 and 0.9157 and it has now broken the range to the upside after showing sharp rejection from the lower range. With USD showing strength, this pair is …
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