USDCHF Facing bearish pressure | 23 Aug 2021

USDCHF holding below descending trendline resistance. Technical indicators are showing room for further bearish momentum as well. An intraday drop below our entry at 0.97178 towards Fibonacci confluence zone and our take profit at 0.91495 could be expected. Any opinions, news, research, analyses, prices, other information, or links to third-party...

AUDUSD Facing Bullish Pressure | 23 Aug 2021

AUDUSD is facing bullish pressure. With price breaking above moving average support to the upside and also holding above ascending trendline support, a further push up above our entry at 0.71431 towards graphical overlap resistance and our take profit at 0.72434. Any opinions, news, research, analyses, prices, other information, or...

XAUUSD approaching pivot, potential for a drop

Price is approaching our pivot level at 1,796.49 which is in line with -27.2% Fibonacci retracement level and 78.6% Fibonacci extension level and horizontal overlap resistance. Price could potentially drop towards support at 1,761.94, in line with 23.6% Fibonacci retracement level , 61.8% Fibonacci extension level and 50MA. Stochastic is...