Daily Forex Analysis

USD/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.28925, 1.29295, 1.29948. Key Support Levels: 1.27927, 1.27384, 1.26988. Daily Time Frame: The price on the higher time frame is in a clear upward movement where the price is posting higher highs and lows and succeeded to break the resistance levels. A correction is about to end near the 1.27927 CAD mark which …

EUR/NZD Long-Term Trend: Bearish Key Resistance Levels: 1.64847, 1.63939, 1.63253. Key Support Levels: 1.66276, 1.66730, 1.67000. 1-Hr Time Frame: The price on the higher time frame succeeded to break the bullish channel to the downside after posting a double top formation showing that the trend is exhausted and is about to reverse. We can see lower highs and lows which …

NZD/CAD Long-Term Trend: Bullish Key Resistance Levels: 0.87751, 0.88136, 0.89000. Key Support Levels: 0.87059, 0.86870, 0.86705. Daily Time Frame: The price on the higher time frame the market failed to continue its move to the downside where an engulfing bullish pattern has been posted near the strong support around the 0.87059 CAD mark. This move could lead to a reversal …

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 …