Daily Forex Analysis

CAD/JPY Long-Term Trend: Bullish Key Resistance Levels: 107.50, 108.10, 108.50 Key Support Levels: 106.35, 105.93, 104.65 Daily Chart: The price on the higher time frame has been showing a bullish trend for quite some time and recently it did a pullback. The pair bounce back from the support level of 101.88 and has sustained above that level which indicates trend …

NZD/CAD Long-Term Trend: Bearish Key Resistance Levels: 0.78622, 0.78894, 0.79562. Key Support Levels: 0.77272, 0.76727, 0.76000. Daily Time Frame: The price on the higher time frame could not continue its move to the upside where it left a correction after the sellers managed to reverse the price to the downside near the 0.78622 mark. The market most probably will continue …

EUR/JPY Long-Term Trend: Bullish Key Resistance Levels: 143.74, 144.96, 145.65 Key Support Levels: 141.51, 140.36, 138.70 Daily Chart: The price on the higher time frame has been in an uptrend for some time and recently it did a pullback and bounced back from the support level of 134.99 It has broken a level of 139.94 with good momentum which indicates …

AUD/CHF Long-Term Trend: Bearish Key Resistance Levels: 0.6357, 0.6392, 0.6437 Key Support Levels: 0.6280, 0.6239, 0.6196 Daily Chart: The price on the higher time frame has been in a downtrend for some time and it has recently broken a small consolidation zone of 0.6722 and 0.6587 to the downside. The pair is facing small resistance at 0.6440. It has sustained …

EUR/CHF Long-Term Trend: Bearish Key Resistance Levels: 0.9532, 0.9581, 0.9678 Key Support Levels: 0.9401, 0.9341, 0.9286 Daily Chart: The price on the higher time frame has been in a downtrend for some time and it has recently done a pullback. The pair faced resistance at the 0.9814 level and reversed from there. It has now broken a minor level of …

USD/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.3763, 1.3849, 1.3875 Key Support Levels: 1.3562, 1.3471, 1.3306 Daily Chart: The price on the higher time frame has been in an uptrend for some time after it broke the consolidation zone of 1.2456 and 1.2803. The pair also broke another resistance level of 1.3074 recently and has been showing great momentum.  USD/CAD …

GBP/AUD Long-Term Trend: Bearish Key Resistance Levels: 1.6976, 1.7051, 1.7134 Key Support Levels: 1.6851, 1.6785, 1.6702 Daily Chart: The price on the higher time frame has been in a downtrend for quite some time and recently it broke a consolidation zone between 1.7814 and 1.7271. It has also broken a minor level of 1.7030 after forming a few rejection wicks …

NZD/USD Long-Term Trend: Bearish Key Resistance Levels: 0.5966, 0.6013, 0.6099 Key Support Levels: 0.5871, 0.5821, 0.5782 Daily Chart: The price on the higher time frame has been in a downtrend for the last few months with occasional pullbacks. Recently the price tested the 0.6355 area before it continued the trend. It has now broken a support of 0.6007 which shows …

USD/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.3385, 1.3452, 1.3498 Key Support Levels: 1.3249, 1.3204, 1.3064 Daily Chart: The price on the higher time frame has been in an uptrend for quite some time and recently it has shown good momentum. The price has broken the level of 1.3079 and sustained above that. It has also broken a minor level …

EUR/CHF Long-Term Trend: Bearish Key Resistance Levels: 0.9608, 0.9663, 0.9719 Key Support Levels: 0.9535, 0.9497, 0.9454 Daily Chart: The price on the higher time frame has been in a downtrend for the last few months and recently it did a pullback. The pair faced resistance at the 0.9814 level and reversed from there. It has also formed candle wicks that …