Daily Forex Analysis

AUD/JPY Long-Term Trend: Bullish Key Resistance Levels: 95.07, 95.56, 96.12 Key Support Levels: 94.07, 93.73, 93.22 1-Hour Chart: The price on the higher time frame has been in an uptrend for some time and has shown good momentum. Recently it did a pullback and found support at the 93.47 level. The pair has bounced back after testing that area which …

EUR/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.9870, 0.9933, 0.9978 Key Support Levels: 0.9790, 0.9743, 0.9708 Daily Chart: The price on the higher time frame was in a downtrend and recently it reversed direction after finding support at the 0.9559 level. It made a few rejection wicks and bounced back. The pair has also broken a minor level of 0.9795 …

AUD/CAD Long-Term Trend: Bearish Key Resistance Levels: 0.8634, 0.8684, 0.8760 Key Support Levels: 0.8548, 0.8503, 0.8454 Daily Chart: The price on the higher time frame has been in a downtrend and recently it found support at the 0.8747 level. The pair bounced back after testing that area and reversed after a pullback. It has now continued the bearish move after …

EUR/JPY Long-Term Trend: Bullish Key Resistance Levels: 145.22, 146.28, 146.86 Key Support Levels: 143.82, 143.42, 142.35 Daily Chart: The price on the higher time frame has been in an uptrend and recently it did a pullback. The pair has found support at the 137.57 level. It has bounced back after testing that area and has broken a level of 141.07 …

AUD/CHF Long-Term Trend: Bearish Key Resistance Levels: 0.6259, 0.6327, 0.6372 Key Support Levels: 0.6179, 0.6105, 0.6069 Daily Chart: The price on the higher time frame has been in a downtrend for some time and recently it did a pullback. The pair faced resistance at the 0.6510 level and reversed from there. It has now broken a minor level of 0.6305 …

GBP/JPY Long-Term Trend: Bullish Key Resistance Levels: 161.500, 162.132, 162.680. Key Support Levels: 160.752, 160.020, 159.738. Daily Time Frame: The price failed to break the 160.572 (purple zone) mark to the downside and left a huge fake out around this area. This shows that the bears were trapped, and the bulls took control of the market which could lead to …

EUR/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.35270, 1.35666, 1.36943. Key Support Levels: 1.32825, 1.31284, 1.30029. Daily Time Frame: The price succeeded to break the accumulation phase to the upside which led to a reversal. The market is posting higher highs and lows another proof that the price is in an uptrend. The EUR/CAD already posted a correction and now …

NZD/USD Long-Term Trend: Bearish Key Resistance Levels: 0.5627, 0.5659, 0.5750 Key Support Levels: 0.5529, 0.5478, 0.5432 Daily Chart: The price on the higher time frame has been in a downtrend for some time and it has broken a few support levels. Recently the pair did a pullback and faced resistance at the 0.5749 level. It has been rejected from there …

GBP/CAD Long-Term Trend: Bearish Key Resistance Levels: 1.53000, 1.55558, 1.57145. Key Support Levels: 1.51501, 1.49090, 1.47385. Daily Time Frame: The price failed to continue its move to the upside above the 1.5300 mark. The sellers are about to take control and might push the price back to the downside by leaving a fake breakout above the mentioned resistance. NZD/CAD Medium-Term …

USD/JPY Long-Term Trend: Bullish Key Resistance Levels: 145.62, 146.29, 146.65 Key Support Levels: 144.39, 143.93, 143.21 Daily Chart: The price on the higher time frame has been in an uptrend for quite some time and it has recently done a pullback. It found small support at the 141.41 level and has tested it a few times and bounced back which …