Daily Forex Analysis

EUR/USD Long-Term Trend: Bearish Key Resistance Levels: 1.0937, 1.1011, 1.1116 Key Support Levels: 1.0810, 1.0736, 1.0646 Daily Time-frame: The price on the higher time frame has been in a downtrend for months with occasional pullbacks. Recently the price attempted to break the trend but faced resistance around the 1.1138 level. The trendline also indicates a bearish trend continuation. EUR/USD Medium-Term …

EUR/CAD Long-Term Trend: Bearish Key Resistance Levels: 1.3747, 1.3835, 1.3982 Key Support Levels: 1.3605, 1.3539, 1.3428 Daily Time-frame: The price on the higher time frame has been in a downtrend for weeks with occasional pullbacks. The pair first broke the support zone of 1.4162 and sustained below that level. The price did another pullback and faced resistance at the 1.3973 …

GBP/JPY Long-Term Trend: Bullish Key Resistance Levels: 162.300, 163.265, 164.600. Key Support Levels: 161.166, 160.398, 159.467. Daily Time Frame: The price on the higher time frame could not continue its move to the downside and faced a strong resistance which led to the formation of the double bottom pattern. A reversal occurred and the price is about to move higher …

AUD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.70171, 0.70634, 0.70892. Key Support Levels: 0.69635, 0.69239, 0.69009. Daily Time Frame: The price on the higher time frame could not continue its move to the downside and faced a strong resistance which led to the formation of the double bottom pattern. A reversal occurred and the price is about to move higher …

USD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.93236, 0.93763, 0.94169. Key Support Levels: 0.92572, 0.92215, 0.91972. Daily Time Frame: The price on the higher time frame could not continue its move to the downside and faced a strong resistance which led to the formation of the double bottom pattern. A reversal occurred and the price is about to move higher …

EUR/AUD Long-Term Trend: Bearish Key Resistance Levels: 1.4854, 1.4940, 1.5033 Key Support Levels: 1.4597, 1.4492, 1.4417 Daily Time-frame: The price on the higher time frame has been in a downtrend for weeks and we saw a pullback and then a continuation of the trend. We see the price did another pullback to the 1.4940 level and the pair continued a …

GBP/JPY Long-Term Trend: Bullish Key Resistance Levels: 161.681, 162.375, 163.000. Key Support Levels: 160.980, 160.460, 159,478. Daily Time Frame: The price on the higher time frame could not continue its move to the downside and faced a strong resistance which led to the formation of the double bottom pattern. A reversal occurred and the price is about to move higher …

EUR/GBP Long-Term Trend: Bullish Key Resistance Levels: 0.8529, 0.8567, 0.8624 Key Support Levels: 0.8456, 0.8389, 0.8317 Daily Time-frame: The price on the higher time frame faced rejection from the downside after a bearish trend and made a sharp reversal. The price then faced another rejection from the 0.8308 level and picked momentum. The resistance level of 0.8458 has been broken …

GBP/CHF Long-Term Trend: Bullish Key Resistance Levels: 1.22940, 1.23324, 1.23500. Key Support Levels: 1.22505, 1.22150, 1.22000. 1-Hr Frame: The price on the higher time frame could not continue its move to the downside and faced a strong resistance which led to the formation of the double bottom pattern. A reversal occurred and the price is about to move higher again …

AUD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.70481, 0.70778, 0.71000. Key Support Levels: 0.70143, 0.69908, 0.69793. 1-Hr Frame: The price on the higher time frame could not continue its move to the downside and faced a strong resistance which led to the formation of the double bottom pattern. A reversal occurred and the price is about to move higher again …