22.06.202112:12 Forex Analysis & Reviews: AUDNZD approaching ascending trendline support! Bounce incoming!

Exchange Rates 22.06.2021 analysis

AUDNZD holding above ascending trendline support. A further push up above 50% Fibonacci retracement and 1st support at 1.07765 towards -27.2% Fibonacci retracement level and 1st resistance at 1.07998 could be possible. Stochastic is reacting above support where price bounced in the past as well.

Trading Recommendation

Entry: 1.07765

Reason for Entry:

50% Fibonacci retracement, ascending trendline support

Take Profit: 1.07998

Reason for Take Profit:

-27.2% Fibonacci retracement

Stop Loss: 1.07670

Reason for Stop Loss:

Graphical swing low support


Dean Leo,
Analytical expert of InstaForex
© 2007-2021

InstaForex分析评论将让您充分了解市场趋势! 作为InstaForex的客户,您将获得大量的免费服务以实现有效的交易。

Daily Video Analysis: EURUSD potential for further downside
Today we take a look at EURUSD. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups.
作者: Dean Leo
01:35 2021-10-26 UTC--4
NZDUSD bullish momentum | 26th Oct 2021
Price broke out of the descending trendline resistance, signifying a bullish momentum. We can expect the price to bounce from 1st support in line with graphical overlap and push towards the 1st resistance in line with 61.8% Fibonacci Projection and overlap resistance. Our bullish bias is further su.
作者: Dean Leo
23:30 2021-10-25 UTC--4
USDCAD bullish continuation | 26th Oct 2021
On the H4, price is on an upwards trend and is expected to continue with its bullish momentum from 1st support at 1.23693 in line with the 38.2% and 50% Fibonacci retracement to 1st resistance at 1.24037 in line with the 127.2% Fibonacci extension and 100% Fibonacci projection levels. Alternatively.
作者: Dean Leo
22:09 2021-10-25 UTC--4
提出您的问题,用 在线帮助.