empty
 
 

Forex Analysis & Reviews: GBPUSD approaching support, potential for bounce
time 08.07.2021 10:15 AM
time Relevance up to, 09.07.2021 10:15 AM

This image is no longer relevant

GBPUSD bounced from trendline resistance (now support) and price looks to swing towards 1st support at 1.37354, in-line with 78.6% Fibonacci extension and swing low support. Stochastic is signaling bearish momentum before reaching a level where previous bounces occur. Price will face bullish pressure from 1st support to 1st resistance at 1.38502, in-line with 61.8% Fibonacci retracement and descending trendline resistance.

Trading Recommendation

Entry: 1.37354

Reason for Entry:

78.6% Fibonacci extension, descending trendline support, swing low support

Take Profit: 1.38502

Reason for Take Profit:

61.8% Fibonacci retracement, descending trendline resistance

Stop Loss: 1.37319

Reason for Stop Loss:

127.2% Fibonacci extension

Dean Leo,
Analytical expert of InstaForex
© 2007-2022
立即从分析师的建议受益
充值交易账户
开设交易账户

InstaForex分析评论将让您充分了解市场趋势! 作为InstaForex的客户,您将获得大量的免费服务以实现有效的交易。

Daily Video Analysis: EURJPY, D1 Bullish Bounce Opportunity
Today we take a look at EURJPY. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups.
作者: Dean Leo
08:20 2022-12-05 UTC--5
3883
GBPUSD Potential for Bullish Continuation | 5th December 2022
Looking at the H4 chart, my overall bias for GBPUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Expecting price to continue heading towards the 1st resistance line at 1.26669, where the previous swing high and 127.2% Fibonacci extension line is..
作者: Dean Leo
08:18 2022-12-05 UTC--5
8038
AUDUSD Potential for Bullish Continuation | 5th December 2022
Looking at the H4 chart, my overall bias for ADUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Expecting price to continue heading towards the 1st resistance at 0.69161, where the previous swing high and 78.6% Fibonacci line are. In an alternativ.
作者: Dean Leo
08:16 2022-12-05 UTC--5
6658
展示更多
  • Trade Wise, Win Device
    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

Recommended Stories

GBPUSD Potential for Bullish Continuation | 5th December 2022

Looking at the H4 chart, my overall bias for GBPUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Expecting price to continue

Dean Leo 14:18 2022-12-05 UTC+2

EURUSD Potential for Bullish Continuation | 2nd December 2022

Looking at the H4 chart, my overall bias for EURUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. To add confluence

Dean Leo 12:48 2022-12-02 UTC+2

EURUSD Potential for Bullish Continuation | 1st December 2022

Looking at the H4 chart, my overall bias for EURUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. To add confluence

Dean Leo 12:30 2022-12-01 UTC+2

NZDUSD Potential for Bearish Drop | 30th November 2022

On the H4 chart, we have a bullish bias with the price moving above the Ichimoku cloud and has broken out of the ascending channel. If this bullish momentum continues

Dean Leo 09:07 2022-11-30 UTC+2

USD/JPY trapped between 137.65 and 139.64

The USD/JPY pair is trading sideways in the short term. Yesterday's low of 137.65 represents a downside obstacle while 139.64 former high stands as an upside obstacle. The downtrend line

Ralph Shedler 20:57 2022-11-29 UTC+2

NZDUSD Potential for Bearish Drop | 29th November 2022

On the H4 chart, we have a bullish bias with the price moving above the Ichimoku cloud and has broken out of the ascending channel. If this bullish momentum continues

Dean Leo 11:13 2022-11-29 UTC+2

NZDUSD Potential for Bullish Continuation | 28th November 2022

On the H4 chart, we have a bullish bias with the price moving above the Ichimoku cloud and has broken out of the ascending channel. If this bullish momentum continues

Dean Leo 11:14 2022-11-28 UTC+2

NZDUSD Potential for Bearish Drop | 25th November 2022

On the H4 chart, we have a bullish bias with the price moving above the Ichimoku cloud and has broken out of the ascending channel. If this bullish momentum continues

Dean Leo 12:38 2022-11-25 UTC+2

NZDUSD Potential for Bearish Drop | 24th November 2022

On the H4 chart, we have a bullish bias with the price moving above the Ichimoku cloud and has broken out of the ascending channel. If this bullish momentum continues

Dean Leo 10:59 2022-11-24 UTC+2

NZDUSD Potential for Bearish Drop | 23rd November 2022

On the H4 chart, we have a bullish bias with the price moving above the Ichimoku cloud and has broken out of the ascending channel. If this bullish momentum continues

Dean Leo 14:48 2022-11-23 UTC+2
现在无法通话?
提出您的问题,用 在线帮助.