Daily Forex Analysis

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 …

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 …