Daily Forex Analysis

NZD/CAD Long-Term Trend: Bullish Key Resistance Levels: 0.89571, 0.89728, 0.89850. Key Support Levels: 0.89256, 0.89021, 0.88811. 15-Mins Chart: The price on the higher time frame failed to break the support level around the 0.89254 CAD mark by leaving a double bottom pattern. We expect the market to continue its main direction to the upside toward the next key resistance level. …

EUR/GBP Long-Term Trend: Bearish Key Resistance Levels: 0.85756, 0.85950, 0.86135. Key Support Levels: 0.85470, 0.85123, 0.85000. 1-Hr Chart: The price on the higher time frame is forming an inverse head and shoulders which might lead most probably to a reversal and a move lower. The market posted a bar with a long wick to the upside showing that the sellers …

ATOM/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 38.009, 38.990, 40.372. Key Support Levels: 36.098, 34.671, 34.107. Daily Chart: The price on the higher time frame found support around the 36.167 USDT mark where long wicks to the downside has been left. This shows that the market is about to be controlled by the bulls and this could lead to …

CHF/JPY Long-Term Trend: Bearish Key Resistance Levels: 125.32, 126.18, 127.17. Key Support Levels: 123.57, 122.51, 120.88. Daily Chart: The price on the higher time frame is about to reversed where the price posted a lower highs along with a bearish divergence on the daily time frame. The market moved lower already and we expect further movement to the downside toward …

AXS/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 160.21, 163.59, 164.50. Key Support Levels: 148.18, 142.53, 137.22. 1-Hr Chart: The price on the higher time frame found support around the 147.85 USDT mark after it retraced to this zone. A fakeout has been posted to the downside where buyers took control of the market it might push the price to …

EUR/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.44400, 1.44890, 1.45000. Key Support Levels: 1.43983, 1.43730, 1.43580. 1-Hr Chart: The price on the higher time frame found support around the 1.44000 CAD mark after it succeeded to break the previous resistance level (now support). We noticed a small consolidation phase under the support level which indicates that a continuation of the …

NZD/CAD Long-Term Trend: Bullish Key Resistance Levels: 0.88808, 0.88917, 0.89023. Key Support Levels: 0.88591, 0.88485, 0.88381. 1-Hr Chart: The price on the higher time frame found support around the 0.88585 mark after it left long wicks to the downside and fake out. This shows that the buyers are now control of the market and is about to move to the …

TLM/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 0.3154, 0.3684, 0.4062. Key Support Levels: 0.2734, 0.2391, 0.2200. Daily Chart: The price on the higher time frame found support around the 0.2400 USDT mark where 61.80% Fibonacci retracement is located. We can see the higher lows and the long wicks to the downside showing that we are in the beginning of …

CAD/JPY Long-Term Trend: Bullish Key Resistance Levels: 92.500, 92.871, 93.022. Key Support Levels: 92.113, 91.729, 91.500. Daily Chart: The price on the higher time frame found support around the 92.113 JPY mark where the retracement ended. We can see the higher lows and the long wicks to the downside showing that we are in the beginning of a new impulsive …

FLM/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 0.6250, 0.7762, 0.7800. Key Support Levels: 0.5690, 0.5367, 0.5200. Daily Chart: The price on the higher time frame succeeded to break the key resistance level (now support) around the 0.5690 USDT mark with the help of a huge bodied bullish bar near the support. This shows that the market is clearly controlled …