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02.08.202108:41 Analytische Bewertungen Forex: AUDUSD broke below trendline support! Drop incoming!

Exchange Rates 02.08.2021 analysis

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

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Daily Video Analysis: BTCUSD H4, Strong Bearish Reversal
Today we take a look at BTCUSD. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups.
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AUDUSD bearish continuation | 7th Dec 2021
On the H4, price is abiding to the descending trendline resistance, signifying bearish momentum. Price dropped below the daily overlap support, we can expect price to drop from 1st Resistance in line with 38.2% FIbonacci retracement and 61.8% Fibonacci projection towards 1st Support in line with.
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GBPAUD Potential For Dips| 7th Dec 2021
Prices are on a bearish momentum and abiding to our bearish trendline. We see potential for a dip from our 1st resistance at 1.89166 which is a graphical overlap and area of Fibonacci confluences towards our 1st support at 1.85272 which is an area of Fibonacci confluences. Breaking the 1st support.
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00:32 2021-12-07 UTC--5
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