Daily Forex Analysis

DOGE/USDT (Spot) Long-Term Trend: Bullish Key Resistance Levels: 0.2536, 0.2678, 0.2700. Key Support Levels: 0.2362, 0.2280, 0.2209. Daily Chart: The price on the higher time frame found support around the 0.2365 USDT mark where huge wicks are left to the downside along with an engulfing bullish pattern and a 50% Fibonacci retracement level. The market has moved higher and we …

TLM/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 0.2279, 0.2573, 0.2600. Key Support Levels: 0.1955, 0.1900, 0.1850. Daily Chart: The price on the higher time frame found support around the 0.1973 USDT mark where huge wicks are left to the downside. Higher lows has been seen as well where a potential reversal and a move to the upside might begin …

NEO/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 48.505, 49.914, 50.000. Key Support Levels: 44.236, 41.400, 36.616. Daily Chart: The price on the higher time frame found support around the 44.000 USDT mark where huge wicks are left to the downside. Higher lows has been seen as well where a potential reversal and a move to the upside might begin …

EUR/CZK Long-Term Trend: Bullish Key Resistance Levels: 25.49143, 25.60000, 26.00000 Key Support Levels: 25.37265, 25.29992, 25.29000. Daily Chart: The price on the higher time frame failed to break the strong key support around the 25.37265 CZK mark and posted long wicks to the downside showing that the buyers are in a clear control. We expect now a new impulsive wave …

AXS/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 137.81, 151.33, 152.00. Key Support Levels: 119.65, 113.66, 106.31. Daily Chart: The price on the higher time frame found buyers around the 119.65 USDT mark after posting a fake breakout which brought back the liquidity. The market is controlled by the buyers and this is represented by the big bodied bar that …

AUD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.69094, 0.69702, 0.70000. Key Support Levels: 0.68057, 0.67404, 0.67089. Daily Chart: The price on the higher time frame posted an inverse head and shoulders which led to a change in the direction of the main trend from a downward movement to an upward one. The market managed to break the trend line resistance …

USD/HUF Long-Term Trend: Bullish Key Resistance Levels: 313.758, 316.138, 317.000. Key Support Levels: 310.807, 306.093, 304.280. Daily Chart: The price on the higher time frame succeeded to break the 318.807 HUF mark and retrace to it with long wicks to the downside. This shows obviously that the buyers are still in control of the market and we expect further movement …

CAD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.74761, 0.75220, 0.76000. Key Support Levels: 0.74272, 0.73739, 0.73000. Daily Chart: The price on the higher time frame managed to break the Wyckoff accumulation phase to the upside where the buyers are in clear control of the market. The market succeeded to break the 0.74272 CHF mark and retrace to it. Further upside …

EUR/NOK Long-Term Trend: Bullish Key Resistance Levels: 9.97074, 10.04016, 10.06907. Key Support Levels: 9.90453, 9.86185, 9.81792. Daily Chart: The price on the higher time frame found support around the 9.90453 NOK level where it reversed and moved higher with the help of an engulfing bullish pattern. The upside movement is expected to continue all the way up toward the next …

BCH/USDT (Spot) Long-Term Trend: Bullish Key Resistance Levels: 687.1, 749.4, 750.0. Key Support Levels: 598.2, 546.0, 469.9. Daily Chart: The price on the higher time frame found support around the 469.9 USDT level where it reversed and started to post higher highs and lows. The market managed to break the key resistance level around the 598.20 USDT level and retraced …