Daily Forex Analysis

CAD/JPY Long-Term Trend: Bullish Key Resistance Levels: 93.43, 94.33, 95.42 Key Support Levels: 90.96, 90.01, 89.42 Daily Time-frame: The price on the higher time frame was trading in a range for quite some time and tried to break to the downside but the move did not sustain and the price was rejected. As of now, the price has broken the …

AUD/JPY Long-Term Trend: Bullish Key Resistance Levels: 85.655, 85.843, 86.000. Key Support Levels: 85.445, 85.368, 85.254. 1-Hr Time Frame: The price on the higher time frame failed to continue below the strong support around the 85.500 JPY mark. The market left a fake out and rebounded above the bespoke support which could lead to a further movement to the upside …

AUD/NZD Long-Term Trend: Bullish Key Resistance Levels: 1.07235, 1.07425, 1.075000. Key Support Levels: 1.07045, 1.06921, 1.06860. 1-Hr Time Frame: The price on the higher time frame succeeded to break the bearish trendline to the upside and then entered into a parallel channel. The market moved below the lower side of the channel and then quickly retraced leaving a fakeout behind. …

AUD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.68449, 0.68582, 0.69000. Key Support Levels: 0.68257, 0.68128, 0.68008. 1-Hr Time Frame: The price on the higher time frame failed to continue its move downward and it retraced with a lower higher signaling that we are in a new trend to the upside leaving a fake out behind. This could lead to a …

LINK/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 1.31372, 1.31731, 1.32000. Key Support Levels: 1.31027, 1.30778, 1.30546. Daily Time Frame: The price on the higher time frame failed to continue its move downward and it retraced with a lower higher signaling that we are in a new trend to the upside leaving a fake out behind. This could lead to …

GBP/USD Long-Term Trend: Bullish Key Resistance Levels: 1.31372, 1.31731, 1.32000. Key Support Levels: 1.31027, 1.30778, 1.30546. 1-Hr Time Frame: The price on the higher time frame failed to continue its move downward and it retraced with a lower higher signaling that we are in a new trend to the upside leaving a fake out behind. This could lead to a …

ALGO/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 0.7353, 0.7515, 0.76000. Key Support Levels: 0.7213, 0.7095, 0.7050. 1-Hr Time Frame: The price on the higher time frame failed to continue its move downward and it retraced with a lower higher signaling that we are in a new trend to the upside leaving a fakeout behind. This could lead to a …

USD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.9357, 0.9409, 0.9466 Key Support Levels: 0.9253, 0.9198, 0.9163 Daily Time-frame: The price on the higher time frame was trading in a trading range between 0.9259 and 0.9157 and it has now broken the range to the upside after showing sharp rejection from the lower range. With USD showing strength, this pair is …

EUR/USD Long-Term Trend: Bearish Key Resistance Levels: 1.1072, 1.1138, 1.1233 Key Support Levels: 1.0918, 1.0892, 1.0814 Daily Time-frame: The price on the higher time frame had been in a downtrend for weeks and recently it retraced to the resistance level of 1.1138. We saw rejection from that level and the price is now continuing its move downwards. EUR/USD Medium-Term Trend: …

LUNA/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 98.928, 100.868, 101.000. Key Support Levels: 96.658, 93.781, 93.000 1-Hr Time Frame: The price on the higher time frame is in a clear upward movement. The price managed to rebound to the upper side of the support after a deep correction with a big bullish bars showing that the buyers are still …