Daily Forex Analysis

EUR/CHF Long-Term Trend: Bearish Key Resistance Levels: 1.0141, 1.0199, 1.0238 Key Support Levels: 1.0077, 1.0048, 1.0001 Daily Time-frame: The price on the higher time frame has been in a downtrend for months and last month we saw a pullback to the 1.0400 level. The price faced rejection from that level and continued downwards after breaking minor support of 1.0207 this …

USD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.9399, 0.9460, 0.9526 Key Support Levels: 0.9316, 0.9264, 0.9193 Daily Time-frame: The price on the higher time frame has been showing a bullish momentum for a few weeks. The pair formed higher lows and proceeded to break the resistance area of 0.9337. We expect further momentum in the trend once the price sustains …

GBP/USD Long-Term Trend: Bearish Key Resistance Levels: 1.3105, 1.3186, 1.3262 Key Support Levels: 1.2978, 1.2907, 1.2790 Daily Time-frame: The price on the higher time frame has been in a downtrend for months. The pair recently attempted a trend reversal but faced rejection around the 1.3293 level. The price continued the trend after doing a retest of another resistance level of …

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 …