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USD/CHF Potential Upward Movement

USD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.9622, 0.9689, 0.9751 Key Support Levels: 0.9498, 0.9437, 0.9329 Daily Chart: The price on the higher time frame has been in an uptrend for the last few months. There was an ascending trendline formation and the price succeeded in breaking a resistance level of 0.9368 and then there was a break and retest …

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CAD/JPY Potential Upward Movement

CAD/JPY Long-Term Trend: Bullish Key Resistance Levels: 103.93, 104.82, 105.79 Key Support Levels: 102.11, 101.56, 100.68 Daily Chart: The price on the higher time frame has been in a strong uptrend for the last few weeks. We see that the price faced small resistance at the 100.12 level and did a pullback but momentum in the Canadian dollar picked up …

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AUD/CAD Potential Downward Movement

AUD/CAD Long-Term Trend: Bearish Key Resistance Levels: 0.9313, 0.9402, 0.9438 Key Support Levels: 0.9218, 0.9177, 0.9113 Daily Chart: The price on the higher time frame has broken a support level of 0.9336 after facing rejection from the upside. The price has also broken the trendline and did a pullback before it continued the momentum to the downside. AUD/CAD Medium-Term Trend: …

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EUR/CAD Potential Downward Movement

EUR/CAD Long-Term Trend: Bearish Key Resistance Levels: 1.3619, 1.3655, 1.3750 Key Support Levels: 1.3544, 1.3495, 1.3442 Daily Chart: The price on the higher time frame has been in a downtrend for the last few months with occasional pullbacks. The price has formed a lower high formation and there are a few rejection wicks from the upside that indicates further continuation …

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USD/CHF Potential Upward Movement

USD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.9510, 0.9575, 0.9641 Key Support Levels: 0.9416, 0.9370, 0.9307 Daily Chart: The price on the higher time frame has been forming higher highs and respecting the trendline. The pair attempted to break the resistance level of 0.9368 but faced a rejection. The price then bounced back from the trendline and has broken that …

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GBP/AUD Potential Upward Movement

GBP/AUD Long-Term Trend: Bullish Key Resistance Levels: 1.7749, 1.7871, 1.7935 Key Support Levels: 1.7519, 1.7404, 1.7248 Daily Time-frame: The price on the higher time frame has been in a downtrend and recently we saw a pullback. The pair then traded between a small range of 1.7592 and 1.7390 for some time. As of now, that range has been broken to …

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USD/JPY Potential Upward Movement

USD/JPY Long-Term Trend: Bullish Key Resistance Levels: 127.15, 128.49, 129.77 Key Support Levels: 124.82, 123.46, 122.30 Daily Time-frame: The price on the higher time frame has been showing a bullish momentum for a few months. We see that the price made a pullback to the 121.21 level after a good run and then bounced back from there. We expect further …

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AUD/USD Potential Upward Movement

AUD/USD Long-Term Trend: Bullish Key Resistance Levels: 0.75581, 0.76388, 0.74000. Key Support Levels: 0.74776, 0.74007, 0.73709. 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 …

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USD/CAD Potential Upward Movement

USD/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.2738, 1.2800, 1.2897 Key Support Levels: 1.2614, 1.2567, 1.2449 Daily Time-frame: The price on the higher time frame has been trading in a range for quite some time and it attempted to break to the downside but faced a rejection. We see the price bounced from the 1.2449 level and picked momentum. In …

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EUR/CHF Potential Downward Movement

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 …

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