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04.08.202109:05 Forex Analysis & Reviews: USDCAD facing bearish pressure, potential downside!

Exchange Rates 04.08.2021 analysis

*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.

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AUDCHF bullish momentum | 28th Oct 2021
Price is abiding to the descending trendline resistance on the daily, signifying an overall bearish trend, however, there might be a potential bullish trend breakout with the inverse head and shoulders spotted at the bottom of the descending trend. We can expect price to be bounce off from the 1st.
Autor: Dean Leo
23:54 2021-10-27 UTC--4
673
USDCHF bearish continuation | 28th Oct 2021
Price is reacting below our 1st resistance level at 0.91888 which is in line with 61.8% Fibonacci extension and horizontal swing low support. Price can potentially take support at 0.91526, which is in line with 38.2% Fibonacci retracement and horizontal swing low support. Alternatively, price may.
Autor: Dean Leo
23:33 2021-10-27 UTC--4
1453
NZDUSD facing bullish pressure, potential for more upside!
Price is above 1st support at 0.713 in line with 23.6% Fibonacci retracement and 61.8% Fibonacci extension. It could potentially bullish from 1st support at 0.713 in line with 23.6% Fibonacci retracement and 61.8% Fibonacci extension to 1st resistance at 0.72454 in line with 127.2% Fibonacci.
Autor: Dean Leo
23:15 2021-10-27 UTC--4
1633
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