Daily Forex Analysis

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 …

AUD/NZD Long-Term Trend: Bearish Key Resistance Levels: 1.03479, 1.04531, 1.05000. Key Support Levels: 1.02905, 1.02251, 1.00458. Daily Chart: The price on the higher time frame is in a clear downward movement where the price recently retrace to a strong daily resistance level around the 1.03479 NZD. Sell pressure could be seen by the recent candlestick with long wick to the …

GBP/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.75627, 1.76274, 1.77000. Key Support Levels: 1.75006, 1.74357, 1.74000. Daily Chart: The price on the higher time frame failed to break and close the strong daily support around the 1.74357 CAD mark where we can see bars with long wicks to the downside and near the 50% Fibonacci retracement level. A move to …

ADA/USDT Potential Downward Movement Key Resistance Levels: 2.2013, 2.3289, 2.7143. Key Support Levels: 1.8927, 1.4792, 1.4500. Daily Chart: The price on the higher time frame broke the bullish channel to the downside which led to a break of the structure and a reversal from an upward movement to a downward one. The coin succeeded to break the 2.2013 USDT mark …

EUR/AUD Long-Term Trend: Bullish Key Resistance Levels: 1.63174, 1.64136, 1.64200. Key Support Levels: 1.61261, 1.59377, 1.59300. Daily Chart: The price on the higher time frame succeeded to break a strong daily resistance around the 1.61261 AUD mark with the help of a bullish bodied bar with long wick to the downside which shows that the buyers are in control and …

AUD/NZD Long-Term Trend: Bullish Key Resistance Levels: 1.03669, 1.04186, 1.04679. Key Support Levels: 1.02972, 1.02255, 1.02200. Daily Chart: The price on the higher time frame failed to break the strong daily support around the 1.02972 NZD mark where the coin moved below it and then moved higher. A reversal occurred after the market posted a hammer bullish bar and further …

USD/JPY Long-Term Trend: Bullish Key Resistance Levels: 110.156, 110.570, 111.000. Key Support Levels: 109.695, 109.358, 109.000. Daily Chart: The price on the higher time frame failed to break the strong daily support around the 109.358 JPY mark where the coin moved below it and then moved higher. A reversal occurred after the market posted a engulfing bullish pattern and further …

GBP/JPY Long-Term Trend: Bullish Key Resistance Levels: 152.243, 153.297, 154.000. Key Support Levels: 151.326, 150.454, 149.408. Daily Chart: The price on the higher time frame failed to break the strong daily support around the 151.326 JPY mark where the coin moved below it and then moved higher. We expect further movement to the upside toward the next key level. GBP/JPY …