Daily Forex Analysis

USD/JPY Long-Term Trend: Bullish Key Resistance Levels: 0.92526, 0.92946, 0.93000. Key Support Levels: 0.91958, 0.91754, 0.91000. Daily Time Frame: The price on the higher time frame is traded inside a parallel channel where now it is residing near the strong support level around the 0.91950 JPY mark. we expect that the market will be rejected from this are and pushed …

NKN/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 0.39097, 0.40864, 0.42674. Key Support Levels: 0.36056, 0.33479, 0.32465. 1-Hr Time Frame: The price on the higher time frame was in a clear uptrend where a series higher highs and lows has been posted. The market succeeded to break a strong resistance at 0.36000 USDT mark where a correction has been posted. …

GBP/NZD Long-Term Trend: Bearish Key Resistance Levels: 1.96348, 1.96926, 1.98136. Key Support Levels: 1.95349, 1.93999, 1.93631. Daily Time Frame: The price on the higher time frame was in a clear uptrend until it failed to break a strong resistance around the 1.96348 NZD mark. as well, at the end of this trend we can see that the bars are overlapping …

AUD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.66631, 0.66990, 0.67847. Key Support Levels: 0.65965, 0.65931, 0.64205. Daily Time Frame: The price on the higher time frame posted a throw over at the lower end of the channel where we can see free bars outside of this pattern signaling a sell climax and this led to a change in character of …

EOS/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 3.641, 3.735, 3.899. Key Support Levels: 3.109, 2.508, 2.250. Daily Time Frame: The price on the higher time frame failed to break a strong support level around the 3.100 USDT mark where a series of higher lows has been posted. This shows that the buyers might took control of the market and …

GBP/AUD Long-Term Trend: Bearish Key Resistance Levels: 1.85596, 1.86119, 1.86296. Key Support Levels: 1.84322, 1.83679, 1.8300. Daily Time Frame: The price on the higher time frame posted a correction near the 1.86000 AUD mark and failed to break the highlighted zone to the upside. We have seen as well a doji candlestick showing that the market could reverse near this …

AUD/USD Long-Term Trend: Bullish Key Resistance Levels: 0.71713, 0.72232, 0.73000. Key Support Levels: 0.71118, 0.70921, 0.70632. 1-Hr Time Frame: The price on the higher time frame failed to break the strong support zone around the 0.7110 USD mark and left a fake breakout (highlighted in a yellow rectangle). The market reversed and moved higher where higher lows has been posted …

GBP/NZD Long-Term Trend: Bullish Key Resistance Levels: 1.97903, 1.99564, 2.00732. Key Support Levels: 1.95091, 1.94137, 1.92870. Daily Time Frame: The price on the higher time frame is in a clear upward movement where we can see that the market is posting higher highs and lows. This indicates that the buyers are in control of the market and might break the …

AUD/JPY Long-Term Trend: Bearish Key Resistance Levels: 81.551, 82.249, 83.1572. Key Support Levels: 80.602, 78.910, 78.213. Daily Time Frame: The price on the higher time frame is in a clear downward movement where the market failed to move to the upside after posting a correction toward the 81.381 JPY mark. We have a bar with a long wick near this …

EUR/AUD Long-Term Trend: Bullish Key Resistance Levels: 1.58926, 1.59670, 1.59938. Key Support Levels: 1.58011, 1.57386, 1.56668. Daily Time Frame: The price on the higher time frame found support around the area of confluence made of a strong support and the trendline support (dotted line). the market showed an end of the correction and it might to the upside in the …