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17.09.202107:51 Forex Analysis & Reviews: USDJPY reversed from resistance, potential drop!

Exchange Rates 17.09.2021 analysis

*Analiza tržišta koja se ovde nalazi namenjena je boljem razumevanju tržišta i ne pruža instrukcije za vršenje trgovanja.

Dean Leo,
Analytical expert of InstaForex
© 2007-2021
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CADCHF short-term bearish pressure | 15th Oct 2021
Price is holding on an ascending trendline support, showing an overall bullish trend, however, we can expect price to make a small retracement at the pivot level. We can expect price to drop from the pivot level in line with 127.2% Fibonacci Projection towards the take profit level in line with.
Autor: Din Leo
01:46 2021-10-15 UTC--4
7663
USDCHF holding above descending trendline support, more upside!
Price is holding above the Daily descending trendline resistance (now support) and 1st support at 0.921191 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension. A further push up from 1st support towards 1st resistance at 0.93131 in line with 61.8% Fibonacci retracement and 127.2%.
Autor: Din Leo
01:45 2021-10-15 UTC--4
7708
EURUSD bullish breakout | 15th Oct 2021
With the recent breakout in resistance which has now turned support at 1.16097, we are expecting to see price do a rise from 1st support at 1.16091 in line with 23.6% Fibonacci retracement to 1st resistance at 1.16259 in line with the 161.8% Fibonacci extension. Our current bullish bias is.
Autor: Din Leo
01:43 2021-10-15 UTC--4
8053
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