Daily Forex Analysis

EUR/JPY Long-Term Trend: Bullish Key Resistance Levels: 132.92, 133.45, 134.12 Key Support Levels: 130.70, 130.01, 127.85 Daily Time-frame: The price on the higher time frame has been in a bullish momentum after facing rejection from around 124.4 level. We can see the price is continuing the move and has broken a resistance level of 131.49. Expect further bullish moves from …

EUR/AUD Long-Term Trend: Bullish Key Resistance Levels: 1.49864, 1.50289, 1.50552. Key Support Levels: 1.49394, 1.49079, 1.48792. 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 a series of lower highs and lows has …

USD/CAD Long-Term Trend: Bearish Key Resistance Levels: 1.2695, 1.2775, 1.2853 Key Support Levels: 1.2550, 1.2495, 1.2453 Daily Time-frame: The price on the higher time frame was trading in a range for a few weeks and recently made an unsuccessful attempt to break the zone to the upside. After a breakout to the upside, the price faced rejection and reversed sharply. …

AUD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.69171, 0.69305, 0.69385. Key Support Levels: 0.69048, 0.68992, 0.68881. 1-Hr Frame: The price on the higher time frame could not continue its move to the downside and faced a strong resistance from the support near the 0.68880 CHF mark which led to the formation of the double top pattern. A reversal occurred and …

LINK/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 14.797, 14.970, 15.000. Key Support Levels: 14.574, 13.690, 13.500. 1-Hr Frame: The price on the higher time frame found support near the strong support level around the 14.30 USDT mark. It posted an engulfing bullish pattern showing that the buyers are in control of the market and might push it further to …

LINK/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 15.487, 16.383, 16.540. Key Support Levels: 14.590, 13.690, 13.500. Daily Time Frame: The price on the higher time frame succeeded to break the bearish to the upside after posting an engulfing bullish pattern showing that the buyers are in control of the market. Further movement to the upside could be seen especially …

GBP/CAD Long-Term Trend: Bullish Key Resistance Levels: 0.68477, 0.68871, 0.69000. Key Support Levels: 0.68083, 0.67756, 0.67414. 1-Hr Time Frame: The price on the higher time frame succeeded to break the bearish to the upside after posting an engulfing bullish pattern showing that the buyers are in control of the market. Further movement to the upside could be seen especially if …

NZD/USD Long-Term Trend: Bullish Key Resistance Levels: 0.68477, 0.68871, 0.69000. Key Support Levels: 0.68083, 0.67756, 0.67414. Daily Time Frame: The price on the higher time frame is in a clear upward movement where higher highs and lows has been posted. The market posted a huge bear bodied bar which appears to be a trap for bears. The price rebounded quickly …

EUR/CHF Long-Term Trend: Bullish Key Resistance Levels: 1.0405, 1.0468, 1.0528 Key Support Levels: 1.0270, 1.0191, 1.0112 Daily Time-frame: The price on the higher time frame was in a downtrend for weeks and then the pair saw a sharp reversal after the rejection. The price has broken the trendline to the upside and also broken a resistance level of 1.0332 that …

EUR/GBP Long-Term Trend: Bullish Key Resistance Levels: 0.84331, 0.84505, 0.85000. Key Support Levels: 0.84122, 0.84005, 0.83910. 1-Hr Time Frame: The price on the higher time frame is in a clear upward movement where higher highs and lows has been posted. The market posted a huge bear bodied bar which appears to be a trap for bears. The price rebounded quickly …