Daily Forex Analysis

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 …

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 …