Daily Forex Analysis

EUR/CHF Long-Term Trend: Bullish Key Resistance Levels: 1.05361, 1.05968, 1.06000. Key Support Levels: 1.04763, 1.04480, 1.04000. Daily Time Frame: The price on the higher time frame found support around the 1.04480 CHF mark where it posted a hammer bar which could lead to a reversal and a move to the upside. Most probably we are in the 1st leg up …

XLM/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 0.36602, 0.39027, 0.40000. Key Support Levels: 0.33062, 0.31292, 0.31000. Daily Time Frame: The price on the higher time frame found support around the 0.32990 USDT mark where it posted an engulfing bullish flag which led to a reversal and a move to the upside. Most probably we are in the 1st leg …

AUD/CAD Long-Term Trend: Bullish Key Resistance Levels: 0.92044, 0.92298, 0.92484. Key Support Levels: 0.91654, 0.91530, 0.91393. 1-Hr Time Frame: The price on the higher time frame found support around the 0.91393 CAD mark where it posted an engulfing bullish flag which led to a reversal and a move to the upside. Most probably we are in the 1st leg up …

NZD/CAD Long-Term Trend: Bullish Key Resistance Levels: 0.88854, 0.89418, 0.89884. Key Support Levels: 0.88374, 0.88050, 0.87791. Daily Time Frame: The price on the higher time frame failed to continue its move downward below the 0.88374 CAD mark where it posted an engulfing bullish pattern which led to a reversal and a move to the upside. We expect further movement to …

GBP/NZD Long-Term Trend: Bearish Key Resistance Levels: 1.92250, 1.96600, 1.99609. Key Support Levels: 1.90225, 1.89253, 1.89000. Daily Time Frame: The price on the higher time frame we can see that the price is in a clear downward movement where a series of lower highs and lows has been posted. We are precisely now in the second leg down at the …

EOS/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 4.411, 4.547, 4.669. Key Support Levels: 4.232, 4.052, 3.934. 1-Hr: The price on the higher time frame posted a Wyckoff accumulation phase indicating that the buyers are about to reverse the price and move higher. We can notice as well the higher lows and highs which shows that we area in the …

USD/JPY Long-Term Trend: Bearish Key Resistance Levels: 114.856, 115.481, 116.000. Key Support Levels: 114.329, 113.469, 112.780. Daily Chart: The price on the higher time frame failed to break the strong resistance around the 114.856 JPY mark and posted an engulfing bearish pattern which signals that the market might reverse and move to the downside in the coming hours. USD/JPY Medium-Term …

GBP/USD Long-Term Trend: Bullish Key Resistance Levels: 1.35697, 1.37264, 1.38078. Key Support Levels: 1.34280, 1.33964, 1.33587. Daily Chart: The price on the higher time frame posted an engulfing bullish pattern showing that the bulls took control of the market and managed to break the bearish channel to the upside. We expect that this would lead for a reversal and a …

CHF/JPY Potential Upward Movement Key Resistance Levels: 124.460, 125.020, 125.470. Key Support Levels: 123.453, 123.020, 122.568. Daily Chart: The price on the higher time frame posted an engulfing bullish pattern showing that the bulls took control of the market, and they are about to reverse the price. This could to a move higher toward the next key resistance level which …

ALICE/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 15.699, 16.657, 17.327 Key Support Levels: 14.191, 13.394, 12.608. 1-Hr Chart: The price on the higher time frame posted a correction count near the strong support level around the 14.08 USDT mark where a fake breakout has been left. This lead to a further movement to the upside toward the next key …