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. …
Read More »Vipul Rathaur
AUD/USD Potential Upward Movement
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 …
Read More »AUD/CAD Potential Upward Movement
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 …
Read More »AUD/JPY Potential Upward Movement
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 …
Read More »GBP/AUD Potential Upward Movement
GBP/AUD Long-Term Trend: Bullish Key Resistance Levels: 1.9154, 1.9165, 1.9228 Key Support Levels: 1.8973, 1.8918, 1.8836 Daily Time-frame: The price on the higher time frame showed good bullish movement for the past few weeks and tried to break the high of 1.9154 but faced rejection below that level. Price did a retest to the lower trendline and has now broken …
Read More »EUR/USD Potential Downward Movement
EUR/USD Long-Term Trend: Bearish Key Resistance Levels: 1.1379, 1.1417, 1.1492 Key Support Levels: 1.1238, 1.1181, 1.1163 Daily Time-frame: The price on the higher time frame has been in a downtrend for months and during the months of December and January, the price was in a consolidation zone. The pair attempted to break upwards and faced rejection at the 1.1492 level. …
Read More »GBP/AUD Potential Downward Movement
GBP/AUD Long-Term Trend: Bearish Key Resistance Levels: 1.8984, 1.9063, 1.9177 Key Support Levels: 1.8801, 1.8756, 1.8613 Daily Time-frame: The price on the higher time frame was moving in a bullish trend and tried to break 1.92 but faced resistance below that. There are rejection wicks and below that number and the price recently broke support of 1.8984 that should act …
Read More »EUR/JPY Potential Upward Movement
EUR/JPY Long-Term Trend: Bullish Key Resistance Levels: 133.20, 133.56, 134.10 Key Support Levels: 131.49, 130.86, 130.14 Daily Time-frame: The price on the higher time frame saw lots of bullish momentum last week and managed to break a resistance line of 131.50. The pair now looks to continue the move after retesting the previous resistance zone that should act as a …
Read More »CAD/JPY Potential Upward Movement
CAD/JPY Long-Term Trend: Bullish Key Resistance Levels: 91.75, 92.08, 92.96 Key Support Levels: 90.70, 90.29, 89.89 Daily Time-frame: The price on the higher time frame has recently bounced back after touching a minor support point of 89.89 There was rejection wick from the downside and the price quickly broke a trendline to the upside. We expect the pair to maintain …
Read More »GBP/AUD Potential Upward Movement
GBP/AUD Long-Term Trend: Bullish Key Resistance Levels: 1.9218, 1.9320, 1.9527 Key Support Levels: 1.9015, 1.8944, 1.8828 Daily Time-frame: In the higher time frame, We have been watching this pair closely. The pair has shown good strength lately and successfully broke the resistance zone. As of now, Price retested the previous resistance zone and bounced back from there. Price has sustained …
Read More »
ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor