Daily Forex Analysis

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 …

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 …