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EUR/CHF Resumes Upward Move, Targets Level 1.0800

Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: RangingEUR/CHF is in a range-bound movement. The market is fluctuating between level 1.0750 and 1.0850. The sideways trend has been ongoing since July. A bullish trend is drawn showing the support levels of the market. The pair will fall if […]

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USD/CAD Is in an Upward Move, Targets Level 1.3394

Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BullishThe pair has resumed an upward move. The Loonie was earlier in a downtrend. It fell to level 1.03050 and commenced resumption of the uptrend. The price has broken above the SMAs which indicates a further upward movement of the […]

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NZD/USD Resumes Downtrend, May Terminate Selling Pressure at Level 0.6593

Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishNZD/USD pair is in an uptrend but it is facing rejection at the recent high 0.6800. The market is currently falling but has reached bearish exhaustion. The selling pressure will terminate at level 0.6593. Daily Chart Indicators Reading:The Kiwi has […]

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USD/JPY continues selling pressure after a retest at level 104.80

Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BearishThe USD/JPY pair is on a downward move. A green candle body tested a 50% Fibonacci retracement level. The Yen will fall and reach a low of 2.0 Fibonacci extension level. In other words, the downtrend will extend to the […]

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EUR/CHF Is in a Sideways Trend, Resumes Uptrend

Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: RangingEUR/CHF is in a sideways trend. The market is fluctuating between level 1.0750 and 1.0850. The pair is now trading at a lower level of 1.0755. The sideways trend has been ongoing since July. A bullish trend is drawn showing […]

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AUD/NZD Price Analysis: September 21

The AUD/NZD traded on a depressing sentiment through the first four sessions last week, before finding some reprieve on Friday, after breaking below the key 1.0800 psychological line. At press time, the pair appears to have regained its footing above the psychological level at 1.0822. On Friday, the Finance Minister of New Zealand, Grant Robertson, […]

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