empty
 
 

19.05.202110:52 Forex Analysis & Reviews: USDCAD reacting at descending trendline resistance! Drop incoming!

Exchange Rates 19.05.2021 analysis

USDCAD holding below descending trendline resistance and moving average. A short term drop below 1st resistance at 1.20815 towards 1st support at 1.20483 could be possible.

Trading Recommendation

Entry: 1.20815

Reason for Entry:

61.8% Fibonacci retracement, descending trendline resistance

Take Profit: 1.20483

Reason for Take Profit:

50% Fibonacci retracement

Stop Loss: 1.21050

Reason for Stop Loss:

76.4% Fibonacci retracemen

*Analiza de piață publicată aici este menită să vă sporească conștientizarea, nu pentru a oferi instrucțiuni pentru a efectua un schimb.

Dean Leo,
Expert analitic al companiei InstaForex
© 2007-2021
Beneficiați de recomandările analiștilor chiar acum
Cont de tranzacționare top-up
Deschideți un cont de tranzacționare

Recenziile analitice InstaForex vă vor face pe deplin conștient de tendințele pieței! Fiind client InstaForex, vi se oferă un număr mare de servicii gratuite pentru tranzacționare eficientă.

Daily Video Analysis: AUDCHF potential for further upside
Today we take a look at AUDCHF. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups.
Autor: Decan Leo
02:42 2021-10-22 UTC--4
1633
AUDCHF bullish momentum | 22nd Oct 2021
Price is abiding to an ascending trendline, signifying a bullish momentum. We can expect price to bounce up from the 1st Support in line with 38.2% Fibonacci retracement and ascending trendline support , towards the 1st Resistance in line with 50% Fibonacci retracement and overlap resistance. Our.
Autor: Decan Leo
02:29 2021-10-22 UTC--4
2998
EURUSD is facing bearish pressure, drop incoming!
Price may have made a breakout from the lower support (now resistance) of the ascending trendline channel and may have from a possible double top pattern. Price may bearish from 1st resistance at 1.6397 in line with 23.6% Fibonacci retracement and 38.2% Fibonacci extension to 1st support at 1.16084.
Autor: Decan Leo
02:28 2021-10-22 UTC--4
3418
Afișează mai multe
Nu puteti sa vorbiti acum?
Puneti intrebare in chat.