Daily Forex Analysis

CAD/JPY Long-Term Trend: Bullish Key Resistance Levels: 87.37, 87.80, 88.08 Key Support Levels: 86.73, 86.10, 85.10 Daily Chart: The asset on the daily time frame is in a clear upward movement by posting higher highs and lows. Recently, the price posted a correction by depreciating 2.27% in value. Our expectation now is a move upward from the current levels. CAD/JPY Medium-Term …

USD/JPY Long-Term Trend: Bullish Key Resistance Levels: 109.21, 109.68, 111.36 Key Support Levels: 108.64, 108.34, 107.00 Daily Chart: The asset on the daily time frame is in a clear upward movement by posting higher highs and lows. Recently, the price managed to break the bullish flag formation to the upside where expect it will continue its main direction to the upside. …

LINK/USDT Long-Term Trend: Bearish Key Resistance Levels: 26.42, 27.51, 30.00 Key Support Levels: 24.47, 22.90, 20.82 Daily Chart: The asset on the daily time frame managed to break out of the wedge formation to the downside. We are about to see a reversal in the price of Chainlink coin where a move downward might begin. LINK/USDT Medium-Term Trend: Bearish 1-hour Chart: …

LTC/USDT Long-Term Trend: Bullish Key Resistance Levels: 205.15, 222.55, 237.60 Key Support Levels: 191.26, 186.01, 164.05 Daily Chart: The pair is trading within a wedge formation where it managed to breakout from the upper side of this pattern. We have a 61.80 % Fibonacci retracement level @ 182.48 USDT level where buyers succeeded to push it to the upside. LTC/USDT Medium-Term …

EUR/AUD Long-Term Trend: Bullish Key Resistance Levels: 1.5603, 1.5907, 1.6032 Key Support Levels: 1.5362, 1.5276, 1.5227 Daily Chart: The pair is trading inside a bearish channel formation where we can see that the price is posting lower lows and highs. The price reached the lower end of this channel and it was rejected by a strong support around the 1.5276 USD …

EUR/CAD Long-Term Trend: Bearish Key Resistance Levels: 1.4987, 1.5210, 1.5312 Key Support Levels: 1.4915, 1.4796, 1.4715 Daily Chart: The pair is trading inside a bearish channel formation where we can see that the price is posting lower lows and highs. The price reached the lower end of this channel and it is rejected by a strong support around the 1.4796 USD …

GBP/CAD Price Long-Term: Bearish Key Resistance Levels: 1.7432, 1.7593, 1.7673 Key Support Levels: 1.7245, 1.7115, 1.6965 Daily Chart: The pair is in a clear downward movement where the price is posting lower lows and highs. Currently, we are in a correction count, once finished a move downward is expected in the same direction of the main trend. GBP/CAD Medium-Term Trend: Bearish …

EUR/CAD Price Long-Term: Bearish Key Resistance Levels: 1.4849, 1.4894, 1.4915 Key Support Levels: 1.4807 1.4755, 1.4700 Daily Chart: The pair is in a clear downward movement where the price is posting lower lows and highs. Currently, we noticed a correction count toward the 1.4894 USD resistance level which can lead to a lower movement to continue the direction of the main …

USD/CHF Price Long-Term: Bullish Key Resistance Levels: 0.9372, 0.9510, 0.9600 Key Support Levels: 0.9240, 0.9180, 0.9045 Daily Chart: The pair is in a clear upward movement where the price is trading within a bullish ascending channel on the daily time frame. The price posted a lower correction toward the daily support @ 0.9240 USD level. Let’s move to a lower time …

EUR/CAD Price Long-Term: Bearish Key Resistance Levels: 1.4896, 1.4915, 1.5222 Key Support Levels: 1.4755, 1.4500, 1.4250 Daily Chart: The coin is in a clear downtrend where it is breaking all the daily supports and it is posting lower lows and highs. Currently, it succeeded to break the 1.4896 USD mark, and we are expecting to post a correction before the continuation …