Daily Forex Analysis

SKL/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 0.12887, 0.13480, 0.14244. Key Support Levels: 0.12193, 0.11457, 0.11115. Daily Time Frame: The price on the higher time frame succeeded to break the bearish trendline to the upside after posting a double bottom. The market retraced to the support area where it left a hammer bar with a long wick to the …

AUD/JPY Long-Term Trend: Bullish Key Resistance Levels: 83.55, 83.81, 84.01 Key Support Levels: 82.75, 82.57, 82.05 1-Hour Time-frame: The price on the higher time frame has been moving in a higher-low, higher-high pattern after yesterday’s disturbance. Price has been respecting the trendline and now it broke a resistance level of 83.02. We expect the pair to sustain above this zone …

AR/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 29.808, 33.220, 34.757. Key Support Levels: 27.455, 25.720, 23.724. Daily Time Frame: The price on the higher time frame posted an engulfing bullish pattern under the strong support level around the 27.454 USDT mark. This shows that the market will not be able to move forward to the downside in the opposite …

GBP/AUD Long-Term Trend: Bearish Key Resistance Levels: 1.8852, 1.8958, 1.9038 Key Support Levels: 1.8647, 1.8501, 1.8406 Daily Time-frame: The price on the higher time frame has shown a few rejections from the upside after being in an uptrend. Price broke the trendline to the downside and there is a head and shoulder-like formation. All signs of reversal in the trend. …

AUD/USD Long-Term Trend: Bullish Key Resistance Levels: 0.7282, 0.7378, 0.7461 Key Support Levels: 0.7204, 0.7165, 0.7114 Daily Chart: The price on the higher time frame has shown a few rejections from the downside. The pair has also broken the upper trendline and is moving in the bullish direction after the retest. We expect the price to pick momentum and continue …

SOL/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 98.22, 102.28, 105.27. Key Support Levels: 93.79, 89.35, 86.01. Daily Time Frame: The price on the higher time frame succeeded to break the bearish trendline to the upside after posting a double bottom. The market found buyers below the 89.27 USDT mark where a bar with a long wick to the downside …

AUD/CAD Long-Term Trend: Bullish Key Resistance Levels: 0.9252, 0.9305, 0.9368 Key Support Levels: 0.9170, 0.9098, 0.9055 Daily Time-frame: The price on the higher time frame has been moving recently in a higher-high, higher-low formation with a support level maintained at the trendline. The pair previously faced rejection at 0.9168 level and was rejected from there. As of now, that level …

EUR/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.45138, 1.45610, 1.46160. Key Support Levels: 1.44621, 1.44110, 1.43925. Daily Time Frame: The price on the higher time frame succeeded to break the bearish trendline to the upside after posting a double bottom. A series of higher highs and lows has been posting showing that we are in a clear uptrend. As well …

ATOM/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 32.320, 34.729, 35.868. Key Support Levels: 29.856, 29.260, 27.562. Daily Time Frame: The price on the higher time frame succeeded to break the bearish trendline to the upside after finding buyers below the support level around the 29.836 USDT mark. So, the break of the structure shows that there is a potential …

EUR/JPY Long-Term Trend: Bullish Key Resistance Levels: 132.167, 132.904, 133.160. Key Support Levels: 131.445, 130.480, 130.156. Daily Time Frame: The price on the higher time frame succeeded to break the bearish trendline to the upside after finding buyers below the support level around the 131.451 JPY mark. So, the break of the structure shows that there is a potential of …