EUR/USD Long-Term Trend: Bearish Key Resistance Levels: 1.1072, 1.1138, 1.1233 Key Support Levels: 1.0918, 1.0892, 1.0814 Daily Time-frame: The price on the higher time frame had been in a downtrend for weeks and recently it retraced to the resistance level of 1.1138. We saw rejection from that level and the price is now continuing its move downwards. EUR/USD Medium-Term Trend: …
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AUD/JPY Potential Upward Movement
AUD/JPY Long-Term Trend: Bullish Key Resistance Levels: 85.36, 85.92, 86.78 Key Support Levels: 84.60, 83.92, 83.51 Daily Time-frame: The price on the higher time frame has been moving in a structural upwards trend recently. The pair has continued to move upwards and broken a resistance level of 84.09 with good momentum and the price is sustaining above that level. AUD/JPY …
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USD/JPY Long-Term Trend: Bullish Key Resistance Levels: 116.35, 117.78, 118.72 Key Support Levels: 115.43, 114.70, 113.97 Daily Time-frame: The price on the higher time frame has been in an uptrend for a few weeks and it has now broken a resistance level of 115.53. The price has respected the trendline and formed many rejection wicks from the downside that indicates …
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USD/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.2885, 1.2941, 1.3049 Key Support Levels: 1.2764, 1.2681, 1.2601 Daily Time-frame: The price on the higher time frame has been trading in a range for weeks and recently it tried to break to the downside but faced rejection. Price reversed to the upside with good momentum and it has now broken the range …
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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 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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