Daily Forex Analysis

EUR/USD Long-Term Trend: Bullish Key Resistance Levels: 1.13888, 1.14366, 1.15000. Key Support Levels: 1.13137, 1.12647, 1.12000. 1-Hr Chart: The price on the higher time frame managed to break the descending channel to the upside where a series of higher lows has been posted showing that the buyers are about to take control of the market and move to the upside …

GBP/CHF Long-Term Trend: Bearish Key Resistance Levels: 1.25520, 1.25831, 1.26000. Key Support Levels: 1.24741, 1.24079, 1.23540. 1-Hr Chart: The price on the higher time frame posted a double bottom formation which signals a potential reversal and a led to a breakout of the bullish channel to the downside. we expect that the price continue its movement to the downside toward …

USD/CHF Long-Term Trend: Bearish Key Resistance Levels: 0.93219, 0.93548, 0.94000. Key Support Levels: 0.93100, 0.92858, 0.92000. 1-Hr Chart: The price on the higher time frame failed to break the strong resistance zone around the 0.93100 CHF mark where the market posted a series of engulfing bearish pattern signaling that the bears are taking control of the market and this will …

CAD/CHF Long-Term Trend: Bearish Key Resistance Levels: 0.74237, 0.74407, 0.74504. Key Support Levels: 0.73790, 0.73604, 0.73388. 1-Hr Chart: The price on the higher time frame failed to break the strong resistance zone around the 0.74167 CHF mark where the market reached the higher end of the bullish channel which led to the sellers to push the price downward and this …

XAU/USD Long-Term Trend: Bearish Key Resistance Levels: 1866.622, 1891.698, 1912.657. Key Support Levels: 1832.938, 1797.757, 1782.038. Daily Chart: The price on the higher time frame failed to break the strong resistance zone around the 1866.622 USD mark where a huge bodied bearish body left along with a long wick to the upside showing that the sellers are in control of …

AUD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.68352, 0.68567, 0.68825. Key Support Levels: 0.67872, 0.67610, 0.66650. Daily Chart: The price on the higher time frame managed to break the bearish channel to the upside after posting an engulfing bullish pattern near the strong support level which led to a reversal and a move to the upside. This shows that the …

MANA/USDT (Futures) Long-Term Trend: Bearish Key Resistance Levels: 3.8027, 4.1949, 5.5992. Key Support Levels: 2.5756, 2.3605, 2.1834. Daily Chart: The price on the higher time frame is in a clear upward movement where the market posted a correction count along with a Wyckoff accumulation phase showing that the market is about to move higher, MANA/USDT (Futures) Medium-Term Trend: Bearish 1-Hr …

GBP/USD Long-Term Trend: Bearish Key Resistance Levels: 1.34399, 1.36226, 1.37000. Key Support Levels: 1.32157, 1.29015, 1.28500. Daily Chart: The price on the higher time frame is in a clear downtrend movement where a series of lower highs and lows has been posted. We expect this to continue where the last correction most probably ended and we might see further movement …

US/OIL Long-Term Trend: Bullish Key Resistance Levels: 84.86, 90.07, 92.90. Key Support Levels: 80.08, 76.18, 70.52. Daily Chart: The price on the higher time frame found support around the 80.85 USD mark level, where the asset posted a hammer bar and a fake out to the downside signaling that the buyers are about to take control of the market. This …

NZD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.65505, 0.65727, 0.66311. Key Support Levels: 0.64666, 0.64120, 0.64000. Daily Chart: The price on the higher time frame failed to break a strong support level around the 0.64670 CHF mark where an engulfing bullish pattern has been posted. This indicates that the bulls took control and they might push the price to the …