Daily Forex Analysis

FIL/USDTPERP Long-Term Trend: Bullish Key Resistance Levels: 85.730, 89.600, 89.650. Key Support Levels: 75.285, 66.115, 66.000. Daily Chart: The price on the higher time frame found buyers around the 61.80 % Fibonacci retracement which led to a huge movement to the upside, and it succeeded to break the strong daily resistance around the 75.285 USDT mark. We expect further movement …

GBP/AUD Long-Term Trend: Bearish Key Resistance Levels: 1.91286, 1.95159, 2.02522. Key Support Levels: 1.89733, 1.87752, 1.85224. Daily Chart: The price on the higher time frame faced a strong resistance around the 1.91286 USD and a doji bar has been posted which led to a move lower. We are expecting to a further movement to the downside in case the sellers …

LUNA/USDTPERP Long-Term Trend: Bullish Key Resistance Levels: 33.507, 34.000, 34.500. Key Support Levels: 28.695, 26.597, 21.918. Daily Chart: The price on the higher time frame found support around the daily key level (28.695 USDT) that coincides with the 61.80% Fibonacci retracement level. This led to a reversal and a move higher toward the previous all time high. LUNA/USDTPERP Medium-Term Trend: …

BADGER/USDTPERP Long-Term Trend: Bullish Key Resistance Levels: 30.880, 38.310. 38.350. Key Support Levels: 22.755, 15.290, 15,200. Daily Chart: The price on the higher time frame the price bounced on a strong daily support around the 22.755 USDT mark and reversed to move higher. It posted a bullish engulfing pattern showing that the buyers are in control of the market. BADGER/USDTPERP …

USD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.92240, 0.93710, 0.94000. Key Support Levels: 0.91422, 0.90765, 0.90448. Daily Chart: The price on the higher time frame failed to break a strong support around the 0.90448 USD which led to a reversal and a move to the upside. In addition, the market succeeded to break the expanding wedge formation where after it …

DOGE/USDTPERP Long-Term Trend: Bullish Key Resistance Levels: 0.351052, 0.446850, 0.573614. Key Support Levels: 0.292166, 0.231834, 0.163821. Daily Chart: The price on the higher time frame succeeded to break the downtrend to the upside where it posted higher lows and highs. The market as well succeeded to break the strong daily resistance around the 0.292166 USDT and retraced to it. A …

ALPHA/USDTPERP Long-Term Trend: Bearish Key Resistance Levels: 0.94675, 1.06875, 1.14920. Key Support Levels: 0.82905, 0.72545, 0.64545. Daily Chart: The price on the higher time frame posted a bearish engulfing bearish pattern which led to a reversal and a move downward. The price succeeded to break the daily support around the 0.94675 USDT mark and continued its downward movement. ALPHA/USDTPERP Medium-Term …

EUR/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.48945, 1.50960, 1.51000. Key Support Levels: 1.47723, 1.46689, 1.46680. Daily Chart: The price on the higher time frame failed to break a daily support around the 1.46689 USD mark which led to a reversal and a move upward. The price succeeded to break the strong resistance and retraced to it. This could lead …

REN/USDTPERP Long-Term Trend: Bullish Key Resistance Levels: 0.59260, 0.67060, 0.80360. Key Support Levels: 0.50575, 0.47295, 0.42015. Daily Chart: The price on the higher time frame managed to break the wedge formation to the upside by posting double bottom. The price is in a clear upward movement where it is traded inside a bullish channel pattern. A continuation of the upward …

GBP/USD Long-Term Trend: Bullish Key Resistance Levels: 1.38875, 1.39856, 1.39900 Key Support Levels: 1.38008, 1.37422, 1.37400 Daily Chart: The price on the higher time frame succeeded to break the wedge formation to the upside after finding support around the 1.36663 USD level. In addition, the market seems to form a bullish head and shoulders where it posted a bullish engulfing …