Daily Forex Analysis

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 …

AUD/CHF Long-Term Trend: Bearish Key Resistance Levels: 0.6705, 0.6749, 0.6854 Key Support Levels: 0.6623, 0.6539, 0.6479 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 0.6825 with good momentum. It has sustained below that point and …

CHF/JPY Long-Term Trend: Bullish Key Resistance Levels: 141.65, 142.89, 144.21 Key Support Levels: 139.89, 138.93, 137.10 Daily Chart: The price on the higher time frame was in an uptrend and it did a pullback recently. The pair found support at the 127.73 level and bounced back from there with good momentum. The two resistance levels of 135.37 and 137.79 have …

GBP/CHF Long-Term Trend: Bearish Key Resistance Levels: 1.1861, 1.1953, 1.2135 Key Support Levels: 1.1704, 1.1597, 1.1506 Daily Chart: The price on the higher time frame has been in a downtrend for quite some time. The pair made a few rejection wicks from the top and broke a support level of 1.2106 with good momentum. Another minor level of 1.1979 has …

USD/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.3049, 1.3078, 1.3150 Key Support Levels: 1.2944, 1.2868, 1.2835 4-Hour Chart: The price on the higher time frame was trending in the downwards direction and faced rejection around 1.2520 level and reversed the direction. The two resistance levels of 1.2787 and 1.2882 have been broken and good momentum is seen in the price …

USD/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.2978, 1.3024, 1.3078 Key Support Levels: 1.2868, 1.2804, 1.2695 4-Hour Chart: The price on the higher time frame was trending in the downwards direction and faced a rejection from around 1.2520 level and reversed the direction. The two resistance levels of 1.2787 and 1.2882 have been broken and good momentum is seen in …

AUD/USD Long-Term Trend: Bearish Key Resistance Levels: 0.7037, 0.7163, 0.7231 Key Support Levels: 0.6935, 0.6850, 0.6804 Daily Chart: The price on the higher time frame faced a rejection from the upside around the 0.7600 area and it reversed the direction. Recently the pair was consolidating between a range of 0.7267 and 0.7053 for some time. It has now broken the …

EUR/USD Long-Term Trend: Bearish Key Resistance Levels: 1.0642, 1.0673, 1.0750 Key Support Levels: 1.0565, 1.0504, 1.0475 4-Hour Chart: The price on the higher time frame was trading between the range of 1.0772 and 1.0643 for some time after it had some bullish run. Recently the pair faced rejection from the upper range and broke the lower range good momentum.  EUR/USD …