empty
 
 

28.10.202105:33 Forex Analysis & Reviews: USDCHF bearish continuation | 28th Oct 2021

Exchange Rates 28.10.2021 analysis

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 rise up to our 2nd resistance at 0.92142, which coincides with horizontal swing high resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance.

Trading Recommendation

Entry: 0.91888

Reason for Entry:

61.8% Fibonacci extension and horizontal swing low support

Take Profit: 0.91526

Reason for Take Profit:

38.2% Fibonacci retracement and horizontal swing low support

Stop Loss:0.92142

Reason for Stop Loss:

Horizontal swing high resistance

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

Benefíciese de las recomendaciones de los analistas ahora mismo
Recargue su cuenta de operaciones
Abra una cuenta de operaciones

¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.

UDUSD bullish breakout | 9th Dec 2021
On the H4, price has broken out of the descending trendline resistance, signifying bullish momentum. We can expect price to bounce from 1st Support in line with 23.6% Fibonacci retracement towards 1st Resistance in line with 61.8% Fibonacci projection and 61.8% Fibonacci retracement. Our bullish.
Autor: Dean Leo
03:02 2021-12-09 UTC--5
4123
NZDUSD Potential For Dip | 9th Dec 2021
Prices are on bearish momentum and abiding to our bearish trendline. We see potential for a dip from our 1st resistance at 0.68172 which is a graphical overlap and area of Fibonacci confluences towards our 1st support at 0.67439 in line with 127.2% Fibonacci extension. Breaking the 1st support will.
Autor: Dean Leo
03:00 2021-12-09 UTC--5
3028
USDCAD Bullish Pressure | 9th Dec 2021
On the H4, with price approaching the support of the stochastics indicator, we have a bullish bias that price will rise from 1st support at 1.26227 in line with the graphical overlap support and 61.8% Fibonacci retracement to 1st resistance at 1.27252 in line with the graphical swing high.
Autor: Dean Leo
02:59 2021-12-09 UTC--5
4123
Mostrar más
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.