Daily Forex Analysis

EUR/NZD Long-Term Trend: Bearish Key Resistance Levels: 1.63247, 1.63483, 1.64000. Key Support Levels: 1.63000, 1.62761, 1.62000. 1-Hr Chart: The price on the higher time frame failed to break the resistance around the 1.63262 NZD mark where it reversed and moved lower and managed to break the bullish channel to the downside. we expect further movement to the downside in the …

NZD/CAD Long-Term Trend: Bullish Key Resistance Levels: 0.88823, 0.89039, 0.89500. Key Support Levels: 0.88345, 0.88046, 0.88000. 1-Hr Chart: The price on the higher time frame found support around the 0.88343 CAD mark and left a fake breakout to the downside. The market has been lifted to the upside by the help of a double bottom formation. We expect a reversal …

AUD/NZD Long-Term Trend: Bullish Key Resistance Levels: 1.04310, 1.04856, 1.05482. Key Support Levels: 1.03505, 1.03019, 1.03000. Daily Chart: The price on the higher time frame found support around the 1.03505 NZD mark and posted an engulfing bullish pattern showing that the market most probably will reverse. This will lead to a move higher toward the next key resistance level located …

CHF/JPY Long-Term Trend: Bearish Key Resistance Levels: 124.367, 124.991, 125.478. Key Support Levels: 123.626, 122.535, 122.000. 1-Hr Chart: The price on the higher time frame posted an inverse head and shoulders which led to a reversal and a move to the downside by breaking the bullish channel. The market is expected to continue its move to the downside since the …

GBP/AUD Long-Term Trend: Bullish Key Resistance Levels: 1.84200, 1.84366, 1.84961. Key Support Levels: 1.83667, 1.83306, 1.83072. 1-Hr Chart: The price on the higher time frame found support around the 1.82937 AUD mark where the market posted a double bottom which led to a reversal and a move higher. We can see that the coin posted higher lows which shows that …

USD/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.25382, 1.26059, 1.27617. Key Support Levels: 1.24343, 1.23844, 1.23020 Daily Chart: The price on the higher time frame posted a Wyckoff accumulation phase at the bottom which led to a reversal and a breakout of the bearish channel to the upside. Now the main direction is upward where the market succeeded to break …

EUR/GBP Long-Term Trend: Bullish Key Resistance Levels: 0.86031, 0.86408, 0.86574. Key Support Levels: 0.85444, 0.85116, 0.84755. Daily Chart: The price on the higher time frame posted a Wyckoff accumulation phase at the bottom which led to a reversal and a move to the upside. Now the main direction is upward where the market succeeded to break the 0.85480 GBP mark …

GBP/CHF Long-Term Trend: Bullish Key Resistance Levels: 1.24840, 1.25899, 1.26391. Key Support Levels: 1.23750, 1.23056, 1.23000. Daily Chart: The price on the higher time frame failed to break the support level around the 1.23750 CHF mark by leaving an engulfing bullish pattern. This could lead to a reversal and a move to the upside with a new trend direction. GBP/CHF …

BAL/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 27.988, 29.006, 29.500. Key Support Levels: 26.647, 26.282, 26.000. Daily Chart: The price on the higher time frame failed to break the support level around the 26.728 USDT mark by leaving a huge bullish bodied bar. This could lead to a reversal and an end of the pullback where a new impulsive …

EUR/CHF Long-Term Trend: Bullish Key Resistance Levels: 1.06293, 1.07008, 1.07394. Key Support Levels: 1.05736, 1.05249, 1.05085. Daily Chart: The price on the higher time frame failed to break the support level around the 1.05722 CHF mark by leaving a huge bullish bodied bar. This could lead to a reversal and a move higher toward the next key resistance level around …