Daily Forex Analysis

QTUM/USDTPERP Long-Term Trend: Bullish Key Resistance Levels: 11.322, 11.737. 11.800 Key Support Levels: 10.269, 9.551, 8.364 Daily Chart: The price on the higher time frame is in a clear upward movement where it is stuck inside a parallel channel. This range is made by a support & resistance with respective values 10.256 USDT & 11.322 USDT. We expect further upside …

AUD/USD Long-Term Trend: Bullish Key Resistance Levels: 0.74141, 0.74800, 0.76071 Key Support Levels: 0.73390, 0.72383, 0.72300 Daily Chart: The price on the higher time frame the price is traded between two key levels which are the support and resistance with the values respectively 0.73390 & 0.74141 USD. The price is trying to reverse after a series of lower lows and …

AUD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.68046, 0.68517, 0.68980 Key Support Levels: 0.67844, 0.67170, 0.67000 Daily Chart: The price on the higher time frame succeeded to break the bearish channel formation to the upside after finding a huge number of buyers around the 0.66498 USD mark. The market reversed and moved upward by posting higher highs and lows. AUD/CHF …

XRP/USDTPERP Long-Term Trend: Bullish Key Resistance Levels: 1.09122, 1.22495, 1.23000 Key Support Levels: 0.92790, 0.79435, 0.79400 Daily Chart: The price on the higher time frame posted a double bottom near a strong daily support which led to a reversal and a move higher. The price succeeded to break a relevant resistance around the 0.92790 USDT level with a huge big …

NZD/USD Long-Term Trend: Bullish Key Resistance Levels: 0.7086, 0.7149, 0.7200 Key Support Levels: 0.7010, 0.6919, 0.6900 Daily Chart: The price on the higher time frame broke the expanding flag to the upside after it managed to close above the Wyckoff accumulation phase. The pair retraced to the 0.7010 USD mark by posting a correction before it moves to the upside …

LTC/USDTPERP Long-Term Trend: Bullish Key Resistance Levels: 179.48, 207.21, 208.00 Key Support Levels: 156.25, 145.11, 117.44 Daily Chart: The price on the higher time frame succeeded to break a strong daily resistance around the 156.52 USDT mark, and posted an engulfing bullish pattern above it signaling that most probably the market will continue its upward movement in the coming hours. …

USOIL Long-Term Trend: Bullish Key Resistance Levels: 70.77, 73.96, 74.00 Key Support Levels: 66.36, 63.70, 62.50 Daily Chart: The price on the higher time frame failed to break the strong daily support around the 66.36 USD mark. This could lead to a change of direction to the upside especially that the market posted an engulfing bullish pattern near this area. …

EUR/JPY Long-Term Trend: Bullish Key Resistance Levels: 130.02, 130.50, 131.00 Key Support Levels: 129.60, 129.13, 129.00 Daily Chart: The price on the higher time frame is traded inside a bearish channel formation where it failed to break a strong daily support around the 129.60 USD. The market has posted a double bottom near this level which shows that a potential …

AUD/USD Long-Term Trend: Bearish Key Resistance Levels: 0.7339, 0.7414, 0.7480 Key Support Levels: 0.7238, 0.7151, 0.7099 Daily Chart: The price on the higher time frame is traded inside a bearish channel showing that we are in a clear downtrend. The market succeeded to break a daily support level around the 0.7339 USD which became a resistance. further movement to the …

BADGER/USDTPERP Long-Term Trend: Bullish Key Resistance Levels: 36.30, 42.15, 42.50 Key Support Levels: 22.68, 19.92, 19.50 Daily Chart: The price on the higher time frame succeeded to break the wedge formation to the upside and posted higher highs and lows. The daily resistance became support around the 22.68 USDT mark where the price retraced to it and posted an engulfing …