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04.08.202109:06 Forex Analysis & Reviews: EURCAD reacting below 1st resistance, potential for downside!

Exchange Rates 04.08.2021 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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USDCHF holding above ascending trendline support! Further bounce incoming!
USDCHF consolidating above ascending trendline support. Price could potentially push up further to 1st resistance at 0.93330 towards, in-line with 100% Fibonacci retracement, 61.8% Fibonacci extension and swing high resistance. Alternatively, price could drop and find support at 0.91645, in-line.
Autore: Dean Leo
01:47 2021-09-27 UTC--4
4348
EURNZD Reversed Off Resistance, Potential Drop!
EURNZD has potential to reversed off from 1st resistance at 1.67908 in line with 38.2% Fibonacci retracement and 50% Fibonacci extension to 1st support at 1.64878 in line with 127.2% Fibonacci retracement and 50% Fibonacci extension. Our bearish bias is further supported by how RSI is showing a.
Autore: Dean Leo
01:15 2021-09-27 UTC--4
4813
USDJPY short-term bearish drop | 27th 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 thrice at that level. We can expect the price to drop from the 1st Resistance and ride the bearish.
Autore: Dean Leo
01:13 2021-09-27 UTC--4
7423
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