Daily Forex Analysis

BTC/USDT Long-Term Trend: Bullish Key Resistance Levels: 57504, 61228, 64900 Key Support Levels: 53309, 50965, 48528 Daily Chart: The price on the higher time frame was in a clear downtrend before facing a strong daily support around the 47500 USDT mark. The market managed to reverse and moved to the upside by posting higher highs and lows on the lower …

LTC/USDT Long-Term Trend: Bullish Key Resistance Levels: 282.51, 317.27, 320,00 Key Support Levels: 248.19, 242.32, 207.41 Daily Chart: The price on the higher time frame was trading inside a wedge formation before managing to break it to the upside. A lower correction has been posted to the daily support where we might see a move upward again in the same …

GBP/USD Long-Term Trend: Bullish Key Resistance Levels: 1.4002, 1.4050, 1.4182 Key Support Levels: 1.3914, 1.3858, 1.3845 Daily Chart: The price on the higher time frame managed to break both the pennant and the daily resistance to the upside. A lower correction has been posted to the new support around the 1.3914 USD level where we expect a continuation of the …

CHF/JPY Long-Term Trend: Bullish Key Resistance Levels: 119.94, 120.38, 120.52 Key Support Levels: 118.73, 118.57, 117.68 Daily Chart: The price on the higher time frame managed to break both the bullish flag and the daily resistance to the upside. A lower correction has been posted to the new support around the 118.73 USD level where we expect a continuation of …

AUD/CHF Long-Term Trend: Bullish Key Resistance Levels: 0.7150, 0.7227, 0.7260 Key Support Levels: 0.7090, 0.7020, 0.6917 Daily Chart: The price on the higher time frame inside a bullish flag formation. A bullish head and shoulders has been formed around the 0.7090 USD mark. this pattern signals a potential reversal and a move upward in our case here. AUD/CHF Medium-Term Trend: …

NZD/JPY Long-Term Trend: Bullish Key Resistance Levels: 78.84, 79.52, 80.50 Key Support Levels: 77.95, 76.89, 75.60 Daily Chart: The price on the higher time frame is trending upward inside a bullish channel. The pair posted a correction count toward the daily support around the 77.95 USD mark. This led to a move upward again in the same direction of the …

GBP/USD Long-Term Trend: Bullish Key Resistance Levels: 1.4002, 1.4180, 1.4243 Key Support Levels: 1.3841, 1.3777, 1.3672 Daily Chart: The price on the higher time frame is trending to the upside, where the pair posted a correction count to the support level around the 1.3841 USD mark. A bounce and a move upward occurred in the same direction of the main …

NZD/USD Long-Term Trend: Bullish Key Resistance Levels: 0.7229, 0.7314, 0.7400 Key Support Levels: 0.7158, 0.7106, 0.7063 Daily Chart: The price on the higher time frame is trending to the upside, where the pair entered inside a bullish flag formation. This pattern indicates a potential continuation of the main trend if the market succeeded to break it. NZD/USD Medium-Term Trend: Bullish …

EUR/CAD Long-Term Trend: Bullish Key Resistance Levels: 1.5190, 1.5201, 1.5270 Key Support Levels: 1.5075, 1.4987, 1.4919 Daily Chart: The price on the higher time frame is in an uptrend where it posted higher highs and lows. lately, it reacted on the 1.4987 USD support level, and left a correction count before starting to trend upward again. EUR/CAD Medium-Term Trend: Bullish …

XRP/USDT Long-Term Trend: Bearish Key Resistance Levels: 1.1187, 1.1774, 1.4936 Key Support Levels: 0.7612, 0.3727, 0.2075 Daily Chart: The price on the higher time frame was trading to the upside where a reversal occurred and changed the direction of the main trend to the downside. Also, lower lows and highs has been noticed which confirms that we are in a …