Daily Forex Analysis

BAT/USDT Price Long-Term: Bullish Key Resistance Levels: 0.6440, 0.6750, 0.7000 Key Support Levels: 0.4000, 0.3626, 0.2890 Daily Chart: On the daily time frame, the price was in an uptrend before posting  a correction count in a form of a bullish flag formation. This flag pattern pushed the price toward the 61.80 % Fibonacci retracement level where it found new buyers. The …

EUR/JPY Price Long-Term: Bullish Key Resistance Levels: 129.60, 129.75, 130.00 Key Support Levels: 128.26, 127.11, 126.12 Daily Chart: On the daily time frame, the price is in a strong upward movement where it is traded inside a bullish channel formation. The price posted a correction count to the 61.8% Fibonacci retracement, and this gave the opportunity for the buyers to jump …

EUR/GBP Price Long-Term: Bearish Key Resistance Levels: 0.8694, 0.8797, 0.8866 Key Support Levels: 0.8536, 0.8500, 0.8450 Daily Chart: On the daily time frame, the price is in a strong downward movement where the sellers are obviously controlling the price of the EUR/GBP pair. The price posted lowers lows and highs which shows that the momentum is negative. We can conclude that …

ENJ/USDT Price Long-Term: Bullish Key Resistance Levels: 1.4210, 1.4250, 1.4300 Key Support Levels: 1.2790, 1.0820, 0.9735 Daily Chart: On the daily time frame, the price is in a strong upward movement where the buyers are obviously controlling the price of the ENJ/USDT Coin. Yesterday a slight correction was posted which was expressed by a long wick to the upside. Let’s see …

BNB/USDT Price Long-Term: Bullish Key Resistance Levels: 260.30, 281.10, 301.70 Key Support Levels: 240.00, 205.10, 139.25 Daily Chart: On the daily time frame, the price was in an uptrend before posting a huge correction to the 205.10 level. We can notice that the buyers are trying to take control and push the price to the upside. Three days ago, the price …

CAD/JPY Price Long-Term: Bullish Key Resistance Levels: 85.09, 86.20, 87.50 Key Support Levels: 83.75, 83.23, 82.13 Daily Chart: On the daily time frame, the price is in an uptrend by posting higher highs and lows. The price managed to break the daily resistance @ 83.75 level, by posting a huge engulfing bullish candlestick and now re-tested the daily support by showing …

EUR/JPY Price Long-Term: Bullish Key Resistance Levels: 129.75, 131.00, 132.75 Key Support Levels: 128.26, 127.1, 126.45 Daily Chart: On the daily time frame, the price is in an uptrend by posting higher highs and lows. The price managed to break the daily resistance @ 128.26 level, and now retested it by showing a correction count. EUR/JPY Medium-Term Trend: Bullish 4-hour Chart: …

ADA/USDT Price Long-Term: Bullish Key Resistance Levels: 1.3357, 1.4000, 1.4905 Key Support Levels: 1.1750, 0.9801, 0.8000 Daily Chart: On the daily time frame, the price is in an uptrend by posting higher highs and lows. The price is trying to test the previous resistance (now support) @ 1.7705. We are expecting that this level could hold and stay above it which …

CAD/JPY Price Long-Term: Bullish Key Resistance Levels: 84.80, 85.75, 86.80 Key Support Levels: 83.95, 83.23, 82.13 Daily Chart: On the daily time frame, the price is in a clear upward movement by smashing all the daily resistances and posting higher highs and lows. A correction count has been seen to the daily support @ 83.95. CAD/JPY Medium-Term Trend: Bullish 1-hour Chart: …

IOTA/USDT Price Long-Term: Bearish Key Resistance Levels: 1.2885, 1.4089, 1.6056 Key Support Levels: 0.9872, 0.7222, 0.5110 Daily Chart: On the daily time frame, the price was in a clear uptrend before reaching a strong resistance @ 1.6056 level. The price reversed, and it seems the sellers are overwhelming the buyers by pushing the price downward. IOTA/USDT Medium-Term Trend: Bearish 1-hour Chart: …