Daily Forex Analysis

AUD/USD Long-Term Trend: Bullish Key Resistance Levels: 0.6989, 0.7050, 0.7105 Key Support Levels: 0.6893, 0.6803, 0.6718 Daily Chart: The price on the higher time frame has recently reversed the direction after facing support at the 0.6710 level. It has formed a rejection wick and also broken the trendline along with a resistance level of 0.6851 which indicates bullish bias. AUD/USD …

AUD/JPY Long-Term Trend: Bullish Key Resistance Levels: 94.80, 95.65, 95.89 Key Support Levels: 94.26, 93.97, 93.49 Daily Chart: The price on the higher time frame has been trading in an uptrend for the last few months and it was showing good momentum. Recently the pair did a pullback and found support at the 91.64 level and bounced back from there. …

CHF/JPY Long-Term Trend: Bullish Key Resistance Levels: 142.58, 143.46, 144.24 Key Support Levels: 141.01, 140.34, 139.13 Daily Chart: The price on the higher time frame has been trading in an uptrend for the last few months and it broke a resistance level of 135.37 with good momentum. Recently it did a pullback to the 138.96 level and bounced back from …

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 …