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27.01.202111:35 Форекс анализи и прегледи: Daily Video Analysis: USDJPY facing bearish pressure, potential for further downside!

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Today we take a look at USDJPY. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups. Price is holding below both the moving average and descending trendline resistance, which shows bearish pressure in line with our bearish bias. We could potentially see a further drop from our sell entry level, in line with our 61.8% Fibonacci retracement, towards our take profit levels, which is in line with our horizontal swing low support and -27% Fibonacci retracement.

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Daily Video Analysis: GBPCAD facing bearish pressure, potential for further rise!
Today we take a look at GBPCAD. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups. Price is facing bearish pressure as it holds under the descending trendline.
Автор: Дийн Лео
05:10 2021-04-16 UTC--4
8788
GBPCAD reacting below descending trendline resistance! Drop incoming!
GBPCAD reacting below descending trendline resistance. A short term drop below our 1st resistance at 1.72977 towards 1st support at 1.72371 could be possible.Stochastic is testing resistance where price reacted in the past as well. Trading Recommendation Entry: 1.72977 Reason for Entry: 78.6%.
Автор: Дийн Лео
05:06 2021-04-16 UTC--4
7228
EURCHF facing bearish pressure, potential for more downside!
Prices are facing bearish pressure from 1st resistance in line with -27.2% Fibonacci retracement and 127.2% Fibonacci extension. Prices might push down further towards 1st support in line with 78.6% FIbonacci retracement and 61.8% FIbonacci retracement. If prices push past 1st resistance, prices.
Автор: Дийн Лео
05:05 2021-04-16 UTC--4
6598
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