Daily Forex Analysis

GBP/CHF Long-Term Trend: Bullish Key Resistance Levels: 1.1560, 1.1621, 1.1682 Key Support Levels: 1.1437, 1.1341, 1.1243 Daily Chart: The price on the higher time frame has recently reversed the direction after having a bearish run. It found support at the 1.0894 level and has tested that area several times. The pair has broken a resistance level of 1.1400 which indicates …

GBP/JPY Long-Term Trend: Bullish Key Resistance Levels: 171.32, 171.98, 172.56 Key Support Levels: 169.34, 167.85, 164.82 Daily Chart: The price on the higher time frame has been in an uptrend after forming a big rejection wick recently. The pair has found support at the 164.82 level and bounced back after testing that area which indicates a bullish bias.      GBP/JPY Medium-Term …

EUR/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.9935, 0.9969, 0.9993 Key Support Levels: 0.9872, 0.9820, 0.9790 Daily Chart: The price on the higher time frame was in a downtrend for some time and recently it reversed direction after finding support around the 0.9559 level. It has now broken a resistance level of 0.9795 which indicates a bullish bias.     EUR/CHF Medium-Term …

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 …