Daily Forex Analysis

EUR/GBP Long-Term Trend: Bearish Key Resistance Levels: 0.8403, 0.8492, 0.8528 Key Support Levels: 0.8324, 0.8287, 0.8202 Daily Chart: The price on the higher time frame has recently reversed the direction after facing rejection from the 0.8590 level. There are a few rejection wicks seen and it has broken a support level of 0.8439 which indicates a bearish bias. EUR/GBP Medium-Term …

EUR/AUD Long-Term Trend: Bearish Key Resistance Levels: 1.4699, 1.4795, 1.4912 Key Support Levels: 1.4602, 1.4550, 1.4482 Daily Chart: The price on the higher time frame has been in a downtrend for months and recently it did a pullback. The pair faced resistance at the 1.5293 level and reversed from there. A trendline and a minor support level of 1.4769 has …

AUD/CAD Long-Term Trend: Bullish Key Resistance Levels: 0.9010, 0.9068, 0.9132 Key Support Levels: 0.8926, 0.8876, 0.8826 Daily Chart: The price on the higher time frame has recently reversed the direction after having a bearish run. The pair has found support at the 0.8763 area and has formed a rejection wick. It has broken a resistance level of 0.8881 which indicates …

GBP/AUD Long-Term Trend: Bearish Key Resistance Levels: 1.7333, 1.7407, 1.7519 Key Support Levels: 1.7202, 1.7158, 1.7031 Daily Chart: The price on the higher time frame has been consolidating after a good bearish run. There is a resistance at the 1.7814 level and the price has been rejected from there several times. The lower trendline has been broken which indicates a …

CAD/JPY Long-Term Trend: Bullish Key Resistance Levels: 108.42, 109.52, 110.30 Key Support Levels: 107.10, 105.78, 104.62 Daily Chart: The price on the higher time frame has been in an uptrend since the last few months. It recently did a pullback and found support at the 103.25 level and bounced back from there. The pair has broken a level of 105.93 …

AUD/USD Long-Term Trend: Bullish Key Resistance Levels: 0.6989, 0.7050, 0.7105 Key Support Levels: 0.6893, 0.6803, 0.6718 Daily Chart: The price on the higher time frame has recently reversed the direction after facing support at the 0.6710 level. It has formed a rejection wick and also broken the trendline along with a resistance level of 0.6851 which indicates bullish bias. AUD/USD …

AUD/JPY Long-Term Trend: Bullish Key Resistance Levels: 94.80, 95.65, 95.89 Key Support Levels: 94.26, 93.97, 93.49 Daily Chart: The price on the higher time frame has been trading in an uptrend for the last few months and it was showing good momentum. Recently the pair did a pullback and found support at the 91.64 level and bounced back from there. …

CHF/JPY Long-Term Trend: Bullish Key Resistance Levels: 142.58, 143.46, 144.24 Key Support Levels: 141.01, 140.34, 139.13 Daily Chart: The price on the higher time frame has been trading in an uptrend for the last few months and it broke a resistance level of 135.37 with good momentum. Recently it did a pullback to the 138.96 level and bounced back from …

NZD/USD Long-Term Trend: Bearish Key Resistance Levels: 0.6131, 0.6192, 0.6207 Key Support Levels: 0.6032, 0.5987, 0.5913 Daily Chart: The price on the higher time frame has been trading in a downtrend for the last few months and recently it did pull back to the 0.6548 level and reversed from there. The pair has broken a support level of 0.6218 and …

AUD/USD Long-Term Trend: Bearish Key Resistance Levels: 0.6741, 0.6767, 0.6862 Key Support Levels: 0.6664, 0.6604, 0.6569 Daily Chart: The price on the higher time frame has been trading in a range for some time and then it faced rejection from the 0.7595 area. The pair has then broken the support level of 0.6993 and another minor level of 0.6848 has …