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28.07.202109:28 Forex Analysis & Reviews: AUDJPY reacting above key support! Bounce incoming

Exchange Rates 28.07.2021 analysis

*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.

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AUDUSD holding above descending trendline support! Further bounce incoming!
AUDUSD broke above descending trendline resistance (now support). With technical indicators showing room for further bullish momentum, a further push up above our 1st support at 0.72777 towards 1st resistance at 0.73736 could be possible.
Autore: Dean Leo
02:23 2021-09-24 UTC--4
4423
UKOIL reversed off resistance, potential drop!
Price is approaching 1st resistance at 77.72 in line with Horizontal swing high and 76.4% Fibonacci extension where it could see a reverse down to 1st support at 73.50 in line with 61.8% Fibonacci retracement and 23.6% Fibonacci extension. Our bearish bias is further supported by how Stochastic is.
Autore: Dean Leo
02:19 2021-09-24 UTC--4
4318
USDJPY short-term bearish drop | 24th Sep 2021
Price is holding above the ascending trendline support, however we are expecting the price to be making a short-term bearish drop as price has approached a strong resistance level where price reversed twice at that level. We can expect the price to drop from the 1st Resistance and ride the bearish.
Autore: Dean Leo
02:18 2021-09-24 UTC--4
4588
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