Daily Forex Analysis

USD/CAD Long-Term Trend: Bearish Key Resistance Levels: 1.23555, 1.24519, 1.25000. Key Support Levels: 1.22720, 1.21925, 1.21000. Daily Chart: The price on the higher time frame succeeded to break the 1.23600 CAD mark after leaving a fakeout which is represented with long wicks to the upside. This also shows that the sellers took control of the market and further movement to …

USD/HUF Long-Term Trend: Bullish Key Resistance Levels: 312.420, 314.457, 315.000. Key Support Levels: 310.843, 309.145, 309.000. Daily Chart: The price on the higher time frame found support around the 309.193 where a relevant price action has been posted along with a 50% Fibonacci retracement level. This shows the end of the retracement, and we expect the market to start to …

GBP/AUD Long-Term Trend: Bullish Key Resistance Levels: 1.86289, 1.87134, 1.88000. Key Support Levels: 1.85375, 1.84416, 1.84000. Daily Chart: The price on the higher time frame posted an engulfing bullish pattern near a strong support (1.85363) which led to a breakout of the bearish channel to the upside. A retracement has been posted near this are where we expect a move …

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 …