Price is trading in an ascending channel and is currently near buy entry price of 1.16221 which is also 38.2% Fibonacci retracement . Price can potentially continue its bullish uptrend to take profit level of 1.17102 which is 50% Fibonacci retracement and 78.6% Fibonacci projection . Our bullish bias is...
AUDCHF bullish momentum | 22nd Oct 2021
Price is abiding to an ascending trendline, signifying a bullish momentum. We can expect price to bounce up from the pivot in line with the grahpical overlap and ascending trendline support , towards the take profit in line with 78.6% Fibonacci retracement and previous swing high. Our bullish bias is...
GBPUSD is on a bearish momentum! | 22th Oct 2021
Price is trading in a descending trendline. We spot a potential entry for shorts at 1.38075 which is a graphical overlap towards our Take Profit at 1.37467 in line with 61.8% Fibonacci retracement and 23.6% Fibonacci retracement . Technical indicators are showing bearish momentum. Any opinions, news, research, analyses, prices,...
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GBPCHF approaching pivot, potential for rise | 21st Oct
Price is trading in an ascending trend line and is approaching our buy entry of 1.26599 which is also 38.2% retracement level. Price can then potentially rise to the take profit level of 1.27605 which is also the graphical swing high level. Our bullish bias is supported by the ichimoku...
NZDUSD is on pivot, potential to dip | 21st oct
Price is approaching in a ascending trend line . If price were to break the ascending trend line , price can do a reversal and continue to dip to the take profit level of 0.70380 which is also Fibonacci retracement level of 38.2% and 78.6% projection level. Our bearish bias...
EURUSD on bullish momentum| 21st Oct
Price is trading in an ascending channel and may continue to rise to the take profit level of 1.17475 which is 61.8% Fibonacci retracement level of 100% Fibonacci projection . The buy entry is at 1.16637 which is 38.2% Fibonacci retracement level. Our bullish bias is supported by the ichimoku...
CADCHF short term bearish momentum | 21st Oct 2021
Price reacting in a potential triangle pattern . We can expect price to drop from the pivot level in line with the 88% Fibonacci retracement towards the take profit level in line with 38.2% Fibonacci retracement and 78.6% Fibonacci projection . Our short-term bearish bias is further supported by the...