Daily Forex Analysis

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 …

USD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.9875, 0.9929, 0.9996 Key Support Levels: 0.9758, 0.9723, 0.9668 Daily Chart: The price on the higher time frame has been in an uptrend since few weeks after it broke a major resistance level of 0.9359 with good momentum. The price has retraced twice to the 0.9537 level and bounced back both times which …

EUR/AUD Long-Term Trend: Bearish Key Resistance Levels: 1.4988, 1.5055, 1.5167 Key Support Levels: 1.4817, 1.4719, 1.4613 Daily Chart: The price on the higher time frame has been in a downtrend for some time and recently it did a pullback but faced resistance at the 1.5293 level. The pair has now broken the lower trendline which indicates a bearish bias. EUR/AUD …

EUR/NZD Long-Term Trend: Bearish Key Resistance Levels: 1.6658, 1.6710, 1.6808 Key Support Levels: 1.6533, 1.6452, 1.6388 Daily Chart: The price on the higher time frame has been in a downtrend for some time and recently it consolidated for some time and faced resistance at the 1.6833 level. The pair has now broken the lower trendline which indicates a bearish bias. …

EUR/CAD Long-Term Trend: Bearish Key Resistance Levels: 1.3454, 1.3513, 1.3598 Key Support Levels: 1.3332, 1.3259, 1.3189 Daily Chart: The price on the higher time frame has been in a downtrend for some time and recently it consolidated for some time and faced resistance at 1.3702 level. The pair has broken the lower trendline which indicates a bearish bias. EUR/CAD Medium-Term …

GBP/USD Long-Term Trend: Bearish Key Resistance Levels: 1.2163, 1.2244, 1.2312 Key Support Levels: 1.2040, 1.1979, 1.1939 Daily Chart: The price on the higher time frame has been in a downtrend for some time and recently it did a pullback to the 1.2330 level and faced rejection. The pair has again continued the downtrend and the bearish bias looks strong. GBP/USD …

NZD/USD Long-Term Trend: Bearish Key Resistance Levels: 0.6259, 0.6284, 0.6323 Key Support Levels: 0.6187, 0.6149, 0.6078 Daily Chart: The price on the higher time frame has been in a downtrend for some time and recently it did a pullback but faced rejection at the 0.6573 level and reversed. The pair continued the trend and has done another pullback to the …

EUR/AUD Long-Term Trend: Bullish Key Resistance Levels: 1.5395, 1.5531, 1.5643 Key Support Levels: 1.5230, 1.5181, 1.5124 Daily Chart: The price on the higher time frame was trading in a downtrend for some time and recently it found support at the 1.4320 level and bounced back from there. The two resistance levels of 1.4767 and 1.5152 have been broken which indicates …

AUD/USD Long-Term Trend: Bearish Key Resistance Levels: 0.6993, 0.7125, 0.7284 Key Support Levels: 0.6805, 0.6730, 0.6652 Daily Chart: The price on the higher time frame has recently started a downtrend after forming lower-high candles. There are a few rejection wicks seen and the price broke a support level of 0.6993 with good momentum. We expect further trend continuation. AUD/USD Medium-Term …