Daily Forex Analysis

EUR/HKD Long-Term Trend: Bullish Key Resistance Levels: 9.06507, 9.08755, 9.08800. Key Support Levels: 9.00155, 8.96131, 8.89697. Daily Chart: The price on the higher time frame found support around the 9.00155 HKD level where it posted an engulfing bullish pattern. This could lead to a reversal and a move higher all the way up toward the next key resistance level (9.06507 …

EUR/USD Long-Term Trend: Bullish Key Resistance Levels: 1.16265, 1.16635, 1.16700. Key Support Levels: 1.15646, 1.14953, 1.14900. Daily Chart: The price on the higher time frame found support around the 1.15646 USD mark where a bullish engulfing pattern has been posted. A reversal occurred and the price moved higher. We expect further upside movement all the way up toward the 1.16265 …

GBP/USD Long-Term Trend: Bullish Key Resistance Levels: 1.36880, 1.37313, 1.38000. Key Support Levels: 1.36124, 1.35675, 1.35505. Daily Chart: The price on the higher time frame the market moved higher after finding support around the 1.34518 USD mark. It broke the daily resistance level around the 1.36124 USD and now this area is acting as a support level. A lower correction …

SNX/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 11.063, 12.460, 13.00. Key Support Levels: 10.081, 9.244, 9.2000. Daily Chart: The price on the higher time frame failed to break the strong support level around the 10.081 USDT mark and it posted a series of bars above this zone with long wicks to the downside. we expect a movement to the …

USD/NOK Long-Term Trend: Bullish Key Resistance Levels: 8.67027, 8.73439, 8.74000. Key Support Levels: 8.57396, 8.52458, 8.52000. Daily Chart: The price on the higher time frame failed to break the strong support level around the 8.54680 USDT mark and it posted an engulfing a bullish pattern which led to a move higher. Further move to the upside is expected in the …

ETH/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 3840.86, 3960.49, 3961.00. Key Support Levels: 3551.04, 3383.88, 3161.74. Daily Chart: The price on the higher time frame found support around the 3383.88 USDT mark where the market reversed and moved higher and managed to break the daily resistance (now support) around the 3551.04 USDT level. This could lead to a further …

BAL/USDT (Futures) Long-Term Trend: Bullish Key Resistance Levels: 24.263, 28.422, 29.000. Key Support Levels: 22.286, 18.884, 18.800. Daily Chart: The price on the higher time frame found support around the 18.884 USDT mark where the market reversed and moved higher and managed to break the daily resistance (now support) around the 22.286 USDT level. This could lead to a further …

XAU/USD Long-Term Trend: Bullish Key Resistance Levels: 1783.816, 1806.802, 1807.00. Key Support Levels: 1755.573, 1726.08, 1721.380. Daily Chart: The price on the higher time frame found support around the 1755.573 USD mark where huge wicks to the downside has been left showing that the buyers are in clear control of the market. The market also succeeded to break the trend …

USD/CZK Long-Term Trend: Bullish Key Resistance Levels: 22.09785, 22.30143, 22.31000. Key Support Levels: 21.94846, 21.80339, 21.80000. Daily Chart: The price on the higher time frame found support around the 21.75000 CZK level and reversed to move higher.  The market succeeded to break the daily resistance (now support) around the 2194846 CZK mark and is expected to move higher in the …

USD/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.26961, 1.27341, 1.28000. Key Support Levels: 1.26291, 1.25619, 1.25227. Daily Chart: The price on the higher time frame found support around the 1.25227 CAD mark where it reversed and moved higher. It left a huge fake breakout to the downside and now it is traded above the 1.26291 CAD level. we expect further …