Forex Tips > Technical Analysis

Technical Analysis

  • EUR/USD
  • GBP/USD
  • USD/JPY
  • USD/CHF
  • USD/CAD
  • AUD/USD
  • NZD/USD
EUR/USD (Market Forecast)

Potential Strategy
Consider buying bullish candlestick patterns above trendline support.
Direction of the Day
bullish Bullish
View Chart
Support & Resistance Levels
Resistance 3
1.2931
Resistance 2
1.2921
Resistance 1
1.2902
Current Price
1.2837
Support 1
1.2808
Support 2
1.2795
Support 3
1.2776
Chart Time Frame: EURUSD
Source: MTI 4.0 ChartingClick to enlarge
GBP/USD (Market Forecast)

Potential Strategy
Consider buying bullish candlestick formation at tests of uptrendline support.
Direction of the Day
consolidation Consolidation
View Chart
Support & Resistance Levels
Resistance 3
1.5597
Resistance 2
1.5575
Resistance 1
1.5490
Current Price
1.5440
Support 1
1.5378
Support 2
1.5350
Support 3
1.5337
Chart Time Frame: GBPUSD
Source: MTI 4.0 ChartingClick to enlarge
USD/JPY (Market Forecast)

Potential Strategy
Consider buying bullish candlestick formation on dips to trendline support.
Direction of the Day
bullish Bullish
View Chart
Support & Resistance Levels
Resistance 3
86.64
Resistance 2
84.44
Resistance 1
84.65
Current Price
85.04
Support 1
84.16
Support 2
84.00
Support 3
83.70
Chart Time Frame: USDJPY
Source: MTI 4.0 ChartingClick to enlarge
USD/CHF (Market Forecast)

Potential Strategy
Consider buying bullish candlestick formations on retracements.
Direction of the Day
bullish Bullish
View Chart
Support & Resistance Levels
Resistance 3
1.0309
Resistance 2
1.0266
Resistance 1
1.0249
Current Price
1.0230
Support 1
1.0120
Support 2
1.0095
Support 3
1.0064
Chart Time Frame: USDCHF
Source: MTI 4.0 ChartingClick to enlarge
USD/CAD (Market Forecast)

Potential Strategy
Consider selling bearish candlestick formation on retracements.
Direction of the Day
bearish Bearish
View Chart
Support & Resistance Levels
Resistance 3
1.0716
Resistance 2
1.0672
Resistance 1
1.0567
Current Price
1.0435
Support 1
1.0382
Support 2
1.0247
Support 3
1.0146
Chart Time Frame: USDCAD
Source: MTI 4.0 ChartingClick to enlarge
AUD/USD (Market Forecast)

Potential Strategy
Consider buying bullish candlestick formations on dips.
Direction of the Day
bullish Bullish
View Chart
Support & Resistance Levels
Resistance 3
.9274
Resistance 2
.9221
Resistance 1
.9204
Current Price
.9160
Support 1
.8879
Support 2
.8860
Support 3
.8845
Chart Time Frame: AUDUSD
Source: MTI 4.0 ChartingClick to enlarge
NZD/USD (Market Forecast)

Potential Strategy
Consider buying bullish candlestick patterns along uptrendline support.
Direction of the Day
bullish Bullish
View Chart
Support & Resistance Levels
Resistance 3
.7343
Resistance 2
.7331
Resistance 1
.7265
Current Price
.7198
Support 1
.7129
Support 2
.7096
Support 3
.6965
Chart Time Frame: NZDUSD
Source: MTI 4.0 ChartingClick to enlarge

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