Daily Forex Analysis

NZD/JPY Long-Term Trend: Bullish Key Resistance Levels: 77.71, 78.57, 79.00 Key Support Levels: 77.28, 76.22, 76.00 Daily Chart: The price on the higher time frame succeeded to break the bearish trendline to the upside where it posted an engulfing bullish pattern near the 76.22 USD mark. The market as well managed to break a strong daily resistance around the 77.28 …

VET/USDTPERP Long-Term Trend: Bullish Key Resistance Levels: 0.11077, 0.11462, 0.11500 Key Support Levels: 0.09987, 0.09302, 0.09250 Daily Chart: The price on the higher time frame is in a clear uptrend since the market is posting higher highs and lows. The price failed to break a strong daily support around the 0.099870 USDT mark which could lead to a reversal and …

YFI/USDTPERP Long-Term Trend: Bullish Key Resistance Levels: 33993, 34579, 35000 Key Support Levels: 31565, 30652, 30500 Daily Chart: The price on the higher time frame failed to break a strong support around the 31565 USDT mark and posted a double bottom formation which reversed the price to the upside. The price has left a series of higher highs and lows …

FLM/USDTPERP Long-Term Trend: Bullish Key Resistance Levels: 0.5761, 0.6448, 0.6500 Key Support Levels: 0.4830, 0.4322, 0.4300 Daily Chart: The price on the higher time frame failed to break a strong support around the 0.3002 USDT mark and posted a double bottom formation which reversed the price to the upside. The price has left as series of higher highs and lows …

AXS/USDTPERP Long-Term Trend: Bullish Key Resistance Levels: 45.55, 48.83, 49.00 Key Support Levels: 41.26, 37.54, 37.00 Daily Chart: The price on the higher time frame failed to break a strong support around the 37.54 USDT mark and posted an engulfing bullish pattern which reversed the price to the upside. The price is expected to continue further movement upward toward the …

USD/CAD Long-Term Trend: Bearish Key Resistance Levels: 1.25406, 1.26067, 1.26500 Key Support Levels: 1.24655, 1.24258, 1.23045 Daily Chart: The price on the higher time frame changed direction from an upward movement to a downward one by posting higher lows. Recently, the price posted an engulfing bearish pattern near the 1.2540 USD resistance which led to a move downward. USD/CAD Medium-Term …

GBP/CHF Long-Term Trend: Bullish Key Resistance Levels: 1.2668, 1.2710, 1.2750 Key Support Levels: 1.2617, 1.2567, 1.2500 Daily Chart: The price on the higher time frame failed to break the 1.2567 USD mark where it reversed and started to be traded higher by posting a higher low. This could lead to a further move to the upside. GBP/CHF Medium-Term Trend: Bullish …

XCU/USD (Copper) Long-Term Trend: Bullish Key Resistance Levels: 4.4600, 4.5955, 4.6000 Key Support Levels: 4.3420, 4.2495, 4.2400 Daily Chart: The price on the higher time frame failed to break the 4.3420 USD mark, and a correction count has been posted. We expect a reversal in this move and an upward wave to the 4.4600 USD mark. XCU/USD (Copper) Medium-Term Trend: …

AUD/JPY Long-Term Trend: Bullish Key Resistance Levels: 81.50, 82.40, 83.00 Key Support Levels: 80.47, 79.56, 79.00 Daily Chart: The price on the higher time frame failed to break the 80.47 USD mark, and it posted a higher low which signals a potential reversal and then a move to the upside in the opposite direction of the main trend. AUD/JPY Medium-Term …

ETH/USDTPERP Long-Term Trend: Bearish Key Resistance Levels: 2648.68, 2892.80, 2900,00 Key Support Levels: 2386.56, 2171.29, 2170.00 Daily Chart: The price on the higher time frame failed to break the 2648.68 USDT mark, and it posted an engulfing bearish pattern which signals a potential reversal and then a move to the downside in the opposite direction of the main trend. ETH/USDTPERP …