empty
 
 

03.12.202110:00 Forex Analysis & Reviews: USDCHF Potential For Bounce | 3rd Dec 2021

Exchange Rates 03.12.2021 analysis

Prices are consolidating in a triangle and abiding to our ascending trendline. We see potential for a bounce from our 1st support at 0.91900 which is an area of Fibonacci confluences and also graphical overlap towards our 1st resistance at 0.92639 in line with 100% Fibonacci extension and 50% Fibonacci retracement. Breaking the 1st resistance will find prices climbing further towards our 2nd resistance at 0.93236 in line with 78.6% Fibonacci retracement and 161.8% and 78.6% Fibonacci extension which is a graphical swing low. RSI is showing bullish momentum. Alternatively, our stop loss will be placed at 2nd support at 0.91574 which is an area of Fibonacci confluences.

Trading Recommendation

Entry: 0.91900

Reason for Entry:

Area of Fibonacci confluences and also graphical overlap

Take Profit: 0.92630

Reason for Take Profit:

100% Fibonacci extension and 50% Fibonacci retracement

Stop Loss: 0.91574

Reason for Stop Loss:

Area of Fibonacci confluences and graphical swing low

*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.

USDJPY Potential For Bearish Continuation | 19th May 2022
On the H4, with prices moving below the Ichimoku indicator, we have a bearish bias that price will drop from our 1st resistance at 128.992 where the 61.8% Fibonacci retracement and horizontal overlap resistance is to our 1st support at 128.188 in line with the horizontal swing low support..
Autor: Dean Leo
04:12 2022-05-19 UTC--4
2173
GBPUSD Potential For Bearish Continuation | 19th May 2022
On the H4, with price reversing off the Ichimoku indicator, we have a bearish bias that price will drop from our 1st resistance at 1.23923 where the horizontal overlap support is to our 1st support at 1.22667 in line with the horizontal pullback support, 100% Fibonacci projection and 61.8%.
Autor: Dean Leo
04:09 2022-05-19 UTC--4
2023
BTCUSDT, Potential For Bearish Continuation | 19th May 2022
On the H4, with price moving below the Ichimoku indicator, we have a bearish bias that price will drop from our 1st resistance at 36718 where the horizontal overlap support, 50% Fibonacci retracement and 61.8% Fibonacci projection is to our 1st support at 26718 in line with the horizontal swing low.
Autor: Dean Leo
04:07 2022-05-19 UTC--4
1723
Mostrar más



  • Trade Wise, Win Devise
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • Ferrari from InstaForex
    Top up your account with at least $1,000
    join the contest and win Ferrari
    F8 Tributo
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and win $1,000
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.