Daily Forex Analysis

EUR/USD Long-Term Trend: Bullish Key Resistance Levels: 1.15244, 1.16820, 1.18677. Key Support Levels: 1.12686, 1.11845, 1.09859. Daily Time Frame: The price on the higher time frame the market to reverse where the price failed to continue its move to the downside below the 1.12744 USD mark where a huge bullish bodied bar has been posted. This shows that the buyers …

AUD/NZD Long-Term Trend: Bullish Key Resistance Levels: 1.06042, 1.06434, 1.07224. Key Support Levels: 1.04492, 1.03589, 1.03160. Daily Time Frame: The price on the higher time frame managed to break the bearish channel to the upside with the help of the double bottom. The market posted a 1st leg up and now we are at the end of the correction. We …

AUD/JPY Long-Term Trend: Bullish Key Resistance Levels: 82.162, 84.730, 85.466. Key Support Levels: 80.464, 79.984, 78.722. Daily Time Frame: The price on the higher time frame posted a sell climax which shows that the downtrend is exhausted, and it might reverse in any time. In addition, we can see that this move coincide with the 78.60% Fibonacci retracement level, where …

AUD/NZD Long-Term Trend: Bullish Key Resistance Levels: 1.05573, 1.06024, 1.06500. Key Support Levels: 1.04771, 1.04585, 1.04310. Daily Time Frame: The price on the higher time frame succeeded to break the bearish channel to the upside after posting a double bottom. The market is about to move to the upside in a new bullish impulsive wave toward the next key resistance …

EUR/GBP Long-Term Trend: Bearish Key Resistance Levels: 0.84753, 0.84898, 0.85129. Key Support Levels: 0.84365, 0.84255, 0.84104. 1-Hr Time Frame: The price on the higher time frame failed to break a strong resistance level around the 0.84753 GBP mark where it posted a bar with a long wick to the upside showing a sell pressure. Near the resistance there is a …

USD/JPY Long-Term Trend: Bullish Key Resistance Levels: 116.74, 118.632, 119.000. Key Support Levels: 114.398, 112.767, 111.000. Daily Time Frame: The price on the higher time frame is in a clear upward movement where the market succeeded to break the bullish flag to the upside and then found more buyers after a retracement near the 61.80% Fibonacci retracement level. This could …

FLM/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 0.6966, 0.7416, 0.7843. Key Support Levels: 0.5980, 0.5639, 0.5388. Daily Time Frame: The price on the higher time frame found support around the 0.6049 USDT mark which stopped the market to move further to the downside. we have a 61.80% fiboancci retracement level where the buyers took control of the market. This …

USD/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.27620, 1.28083, 1.28953. Key Support Levels: 1.26039, 1.25903, 1.24966. Daily Time Frame: The price on the higher time frame is in a clear uptrend where we can see a series of higher highs and lows. The market found support around the 1.26784 CAD mark which could lead to the end of the correction …

AUD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.68041, 0.68394, 0.69120. Key Support Levels: 0.67173, 0.66658, 0.66419. Daily Time Frame: The price on the higher time frame found support around the 0.67157 CHF mark where it reversed and managed to move higher with the help of an engulfing bullish pattern. This could lead to a new move higher toward the next …

EUR/AUD Long-Term Trend: Bullish Key Resistance Levels: 1.57226, 1.58053, 1.59000. Key Support Levels: 1.54661, 1.53662, 1.53000. Daily Time Frame: The price on the higher time frame found support around the 1.54710 AUD mark where it reversed and managed to break the bearish channel to the upside. We can see that the market posted the 1st leg up and then a …