Daily Forex Analysis

EUR/CHF Long-Term Trend: Bullish Key Resistance Levels: 1.1085, 1.1117, 1.1151 Key Support Levels: 1.1036, 1.1007, 1.0984 Daily Chart: The price on the higher time frame is trading inside a bullish flag formation where it shows that we are in a correction. So, the market posted an impulsive and then we are now in a middle of a retracement. We are …

CAD/JPY Long-Term Trend: Bullish Key Resistance Levels: 87.61, 88.27, 89.00 Key Support Levels: 86.90, 86.62, 86.09 Daily Chart: The price on the higher time frame was in a clear uptrend since it is trading inside a bullish channel formation. Recently, the price succeeded to post a lower correction to the lower end of the channel around the 86.62 USD mark. …

BTC/USDT Long-Term Trend: Bullish Key Resistance Levels: 64855, 65000, 65500 Key Support Levels: 61158, 55461, 50963 Daily Chart: The price on the higher time frame was in a clear uptrend since it is trading inside a bullish channel formation. Recently, the price managed to break all time high with the help of a huge bullish candlestick. A lower correction might …

AUD/USD Long-Term Trend: Bullish Key Resistance Levels: 0.7705, 0.7805, 0.8005 Key Support Levels: 0.7662, 0.7590, 0.7463 Daily Chart: The price on the higher time frame was in a clear uptrend since it is trading inside a bullish channel formation. Lately, the price entered inside a bullish flag formation where it managed to break it to the upside and we expect …

XRP/USDT Long-Term Trend: Bullish Key Resistance Levels: 1.7310, 1.7400, 1.7450 Key Support Levels: 1.5040, 1.3055, 1.1100 Daily Chart: The price on the higher time frame is in a clear uptrend where it broke all daily resistances with the help of bullish candlesticks with big bodies. A correction might be seen before the continuation of the main trend. XRP/USDT Medium-Term Trend: …

NZD/USD Long-Term Trend: Bullish Key Resistance Levels: 0.7108, 0.7237, 0.7316 Key Support Levels: 0.7011, 0.6938, 0.6789 Daily Chart: The price on the higher time frame was in a clear uptrend where it is bouncing inside a bullish flag formation. This pattern shows that the price is in a correction. At the 50% Fibonacci retracement level, the price found buyers which …

GBP/AUD Long-Term Trend: Bullish Key Resistance Levels: 1.8135, 1.8247, 1.8404 Key Support Levels: 1.8009, 1.7854, 1.7825 Daily Chart: The price on the higher time frame was in a clear uptrend where it is bouncing inside a bullish channel formation. Recently, the price posted a correction count to the daily support around the 1.8009 USD mark. GBP/AUD Medium-Term Trend: Bullish 4-hour …

LTC/USDT Long-Term Trend: Bullish Key Resistance Levels: 264.00, 265.00, 266.00 Key Support Levels: 226.49, 194.97, 169.05 Daily Chart: The price on the higher time frame was in a clear uptrend where it managed to break a strong resistance @ 226.49 USDT with a big bullish candlestick. As well, we noticed that we are trading inside a bullish channel formation. LTC/USDT …

USD/CHF Long-Term Trend: Bearish Key Resistance Levels: 0.9373, 0.9440, 0.9500 Key Support Levels: 0.9210, 0.9044, 0.8920 Daily Chart: The price on the higher time frame was in a clear uptrend before reaching a strong resistance around the 0.9440 USD level. The price reversed and broke the uptrend to the downside. A further downside movement is expected toward the 0.9210 USD …

GBP/CAD Long-Term Trend: Bearish Key Resistance Levels: 1.7272, 1.7348, 1.7608 Key Support Levels: 1.7197, 1.7049, 1.6986 Daily Chart: The price on the higher time frame is in a clear downward movement, where there was sell high pressure around the 1.7434 USD level that led to a huge move to the downside. The price managed to break a daily support 1.7272 …