Daily Forex Analysis

USD/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.27629, 1.28305, 1.28949. Key Support Levels: 1.26973, 1.25880, 1.25800. Daily Chart: The price on the higher time frame succeeded to break the 1.26973 CAD mark by posting an engulfing bullish pattern under it. We expect further movement to the upside in the same direction of the main trend toward the 1.27629 CAD level. …

EUR/NZD Long-Term Trend: Bullish Key Resistance Levels: 1.67547, 1.68598, 1.69000. Key Support Levels: 1.66957, 1.65836, 1.65800. Daily Chart: The price on the higher time frame found support around the 1.65836 NZD level where it posted an engulfing bullish pattern which led to a move higher and breaking the key resistance level (1.66957 NZD). Further upside movement is expected in the …

ALGO/USDTPERP (Futures) Long-Term Trend: Bullish Key Resistance Levels: 1.8973, 1.9446, 1.9500. Key Support Levels: 1.8168, 1.7787, 1.7700. Daily Chart: The price on the higher time frame found support around the 1.6904 USDT mark where it left a bar with a long wick to the downside which shows that the buyers are coming back to the market and might push the …

EGLD/USDTPERP (Futures) Long-Term Trend: Bullish Key Resistance Levels: 247.33, 280.69, 289.59. Key Support Levels: 224.58, 206.19, 181.28. Daily Chart: The price on the higher time frame found support around the 206.19 USDT mark where it left a bar with a long wick to the downside which shows that the buyers are coming back to the market and might push the …

AVAX/USDTPERP (Futures) Long-Term Trend: Bullish Key Resistance Levels: 78.856, 78.900, 78.950. Key Support Levels: 66.396, 57.005, 56.500. Daily Chart: The price on the higher time frame found support around the 66.396 USDT mark where it left a bar with a long wick to the downside which shows that the buyers are coming back to the market and might push the …

USD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.93779, 0.94264, 0.95251. Key Support Levels: 0.92336, 0.91925, 0.91900. Daily Chart: The price on the higher time frame found support around the 0.92336 CHF mark where the pair reversed and moved higher toward the key level. Long wicks to the downside has been seen showing that the buyers are coming back to the …

LUNA/USDT Long-Term Trend: Bullish Key Resistance Levels: 45.04, 45.50, 46.00. Key Support Levels: 33.52, 26.78, 26.00. Daily Chart: The price on the higher time frame found support around the 26.78 USDT mark where the coin reversed and moved higher toward the key level. It succeeded also to break the next key resistance level around the 33.52 USDT mark, and it …

GBP/AUD Long-Term Trend: Bullish Key Resistance Levels: 1.89346, 1.90943, 1.91000. Key Support Levels: 1.88045, 1.86883, 1.86000. Daily Chart: The price on the higher time frame found support around the 1.88045 AUD mark where long wicks to the downside has been left showing that the buyers are in full control of the market. We expect a rally from that zone toward …

EUR/AUD Long-Term Trend: Bearish Key Resistance Levels: 1.61669, 1.63174, 1.64079. Key Support Levels: 1.60724, 1.59377, 1.59300. Daily Chart: The price on the higher time frame faced a strong resistance level around the 1.63174 AUD and reversed to the downside along with an engulfing bearish pattern. This could lead to the sellers take control of the market and push the price …

NZD/CHF Long-Term Trend: Bearish Key Resistance Levels: 0.64984, 0.65642, 0.66000. Key Support Levels: 0.64390, 0.63969, 0.63900. Daily Chart: The price on the higher time frame managed to break the expanding wedge to the downside and it succeeded to break the daily support level around the 0.64984 CHF mark with a big bodied bearish bar and then retrace to the new …