Daily Forex Analysis

GBP/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.79126, 1.80483, 1.81116 Key Support Levels: 1.77563, 1.76357, 1.74854 Daily Chart: The price on the higher time frame has recently been in an uptrend after it tested a support level of 1.74854 and bounced back. The pair has continued to break a few resistance levels which suggests further trend continuation. GBP/CAD Medium-Term Trend: …

CAD/JPY Long-Term Trend: Bearish Key Resistance Levels: 111.507, 111.983, 115.105 Key Support Levels: 110.289, 109.505, 108.632 Daily Chart: The price on the higher time frame has been in a downtrend recently after it tested a major resistance level of 115.105 and reversed the direction. The pair has continued to break a few support levels which suggests further trend continuation.  CAD/JPY …

AUD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.57452, 0.57920, 0.58561 Key Support Levels: 0.56739, 0.56229, 0.55319 Daily Chart: The price on the higher time frame has recently been in an uptrend after it tested a support level of 0.55319 and bounced back. The pair has continued to break a few resistance levels which suggests further trend continuation. AUD/CHF Medium-Term Trend: …

EUR/JPY Long-Term Trend: Bullish Key Resistance Levels: 164.593, 166.108, 168.303 Key Support Levels: 162.757, 160.321, 155.601 Daily Chart: The price on the higher time frame has recently been in an uptrend after it tested a support level of 155.601 and bounced back. The pair has continued to break a few resistance levels which suggests further trend continuation. EUR/JPY Medium-Term Trend: …

EUR/GBP Long-Term Trend: Bullish Key Resistance Levels: 0.83505, 0.83916, 0.84195 Key Support Levels: 0.83013, 0.82658, 0.82352 Daily Chart: The price on the higher time frame has recently tested a major support area of 0.83038 and has shown a good reaction. Price action suggests a further bullish trend continuation from here. EUR/GBP Medium-Term Trend: Bullish 4-Hour Chart: On the lower time …

GBP/USD Long-Term Trend: Bearish Key Resistance Levels: 1.31153, 1.31895, 1.32512 Key Support Levels: 1.29652, 1.29120, 1.28680 Daily Chart: The price on the higher time frame has been in a downtrend recently after it tested a major resistance level of 1.34230 and reversed the direction. The pair has continued to break a few support levels which suggests further trend continuation.  GBP/USD …

USD/CAD Long-Term Trend: Bearish Key Resistance Levels: 1.38860, 1.39595, 1.39910 Key Support Levels: 1.37298, 1.36025, 1.34552 Weekly Chart: The price on the higher time frame has a major resistance level around 1.38675 level. Price has shown reaction after testing this area which suggests further trend continuation to the downside. USD/CAD Medium-Term Trend: Bearish Daily Chart: On the lower time frame, …

EUR/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.94085, 0.94583, 0.94961 Key Support Levels: 0.93516, 0.93128, 0.92751 Daily Chart: The price on the higher time frame has recently tested a major support area of 0.9330 and bounced back after grabbing buy-side liquidity. The pair has shown signs of bullish trend continuation. EUR/CHF Medium-Term Trend: Bullish 1-Hour Chart: On the lower time …

EUR/CAD Long-Term Trend: Bearish Key Resistance Levels: 1.51479, 1.52258, 1.52982 Key Support Levels: 1.50206, 1.49235, 1.48893 Daily Chart: The price on the higher time frame has been in a downtrend after facing resistance at 1.51564 level. The pair has continued to trade below this major level which suggests further trend continuation. EUR/CAD Medium-Term Trend: Bearish 4-Hour Chart: On the lower …

GBP/AUD Long-Term Trend: Bearish Key Resistance Levels: 1.96833, 1.98138, 1.99395 Key Support Levels: 1.93403, 1.91352, 1.90252 Daily Chart: The price on the higher time frame has been in a downtrend and it is facing a bearish reaction every time after testing the resistance level of 1.96923. The pair has recently tested this resistance and shown reaction which shows signs of …