empty
 
 

18.10.202107:20 Forex Analysis & Reviews: AUDCHF short-term bearish pressure | 18th Oct 2021

Exchange Rates 18.10.2021 analysis

Price is holding on an ascending trendline support, showing an overall bullish trend, however, we can expect price to make a small retracement at 1st resistance level in line with 61.8% Fibonacci projection towards the 1st Support in line with 38.2% Fibonacci retracement. Our short-term bearish bias is further supported by the stochastic indicator where the %K line is approaching the resistance level.

Trading Recommendation

Entry: 0.68642

Reason for Entry:

61.8% Fibonacci projection

Take Profit: 0.67966

Reason for Take Profit:

38.3% Fibonacci retracement

Stop Loss: 0.68973

Reason for Stop Loss:

78.6% Fibonacci retracement and 78.6% Fibonacci projection

*Phân tích thị trường được đăng tải ở đây có nghĩa là để gia tăng nhận thức của bạn, nhưng không đưa ra các chỉ dẫn để thực hiện một giao dịch.

Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Daily Video Analysis: AUDJPY, H4 Strong Bearish Selling Opportunity
Today we take a look at AUDJPY. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups.
Author: Dean Leo
06:36 2022-01-26 UTC--5
1933
USDCHF Bearish Reversal | 26th Jan 2022
On the H4, prices are at a swing low at 0.66830 in line with 161.8% Fibonacci projection. We see the potential for a bounce from our 1st support at 0.66830 in line with 161.8% projection towards our 1st resistance at 0.67349 in line with 100% Fibonacci retracement. RSI is at a level where bounces.
Author: Dean Leo
01:21 2022-01-26 UTC--5
4483
NZDUSD Bullish Bounce | 26th Jan 2022
On the H4, prices are at a swing low at 0.66830 in line with 161.8% Fibonacci projection. We see the potential for a bounce from our 1st support at 0.66830 in line with 161.8% projection towards our 1st resistance at 0.67349 in line with 100% Fibonacci retracement. RSI is at a level where bounces.
Author: Dean Leo
01:18 2022-01-26 UTC--5
5128
Show more
Không thể nói chuyện ngay bây giờ?
Đặt câu hỏi của bạn trong phần trò chuyện.