Daily Forex Analysis

USD/JPY Long-Term Trend: Bearish Key Resistance Levels: 115.22, 115.48, 115.71 Key Support Levels: 114.04, 113.80, 113.20 Daily Time-frame: The price on the higher time frame has recently been rejected after touching a resistance point. This price point has shown good resistance previously too and there is reversal again. We expect the price to pick momentum in the downside in the …

CAD/JPY Long-Term Trend: Bullish Key Resistance Levels: 91.207, 91.614, 91.935. Key Support Levels: 90.657, 90.379, 90.135. 1-Hr Time Frame: The price on the higher time frame succeeded to break the bearish trendline to the upside and in addition it broke a strong resistance level (now support) around the 90.650 JPY mark after finding buyers near the 50% Fibonacci retracement level. …

CHZ/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 0.18935, 0.19341, 0.19500. Key Support Levels: 0.17839, 0.17371, 0.16890. 1-Hr Time Frame: The price on the higher time frame succeeded to break the bearish trendline to the upside and in addition it broke a strong resistance level (now support) around the 0.17850 USDT mark. The price is expected to move upward in …

AUD/USD Long-Term Trend: Bullish Key Resistance Levels: 0.70862, 0.71223, 0.72000. Key Support Levels: 0.70467, 0.70230, 0.70000. 1-Hr Time Frame: The price on the higher time frame succeeded to break the bearish trendline to the upside and in addition it broke a strong resistance level (now support) around the 0.70400 USD mark. The price is expected to move upward in the …

HNT/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 30.932, 32.347, 33.341. Key Support Levels: 28.027, 27.402, 27.224. 1-Hr Time Frame: The price on the higher time frame succeeded to break the bearish trendline to the upside and in addition it broke a strong resistance level (now support) around the 28.100 USDT mark. The price is expected to move upward in …

GALA/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 0.22945, 0.27630, 0.30657. Key Support Levels: 0.20049, 0.18029, 0.17441. Daily Time Frame: The price on the higher time frame found support around the 0.20350 USDT mark where it posted a consolidation period. In this phase we can see higher lows signaling that the market is about to reverse and move upward. GALA/USDT …

USD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.93660, 0.94053, 0.94590. Key Support Levels: 0.93140, 0.92949, 0.92786. 1-Hr Time Frame: The price on the higher time frame is in a clear upward movement where a higher high and low has been posting showing that the market is controlled by bulls. The market posted a correction to the strong support around the …

LRC/USDT (Futures) Long-Term Trend: Bearish Key Resistance Levels: 1.1007, 1.2519, 1.3748. Key Support Levels: 0.8943, 0.7330, 0.6520. Daily Time Frame: The price on the higher time frame posted an engulfing bearish pattern signaling that the sellers are in control of the market which led to the end of the correction and then a new move to the downside could be …

GALA/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 0.25110, 0.27150, 0.28000. Key Support Levels: 0.20255, 0.18237, 0.16251. 1-Hr Frame: The price on the higher time frame posted a double bottom formation which led to a reversal and a move higher. A higher low could be seen as well showing that the buyers are in a clear control of the market. …

EUR/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.43597, 1.44263, 1.44859 Key Support Levels: 1.41673, 1.41355, 1.41002 4-Hour Chart: We saw a breach of the long term diagonal resistance line and fell back under it. I believe that was an initial test of the breakout and we may now begin to accumulate for another attempt. EUR/CAD Medium-Term Trend: Bullish 1-Hour Chart: …