empty
 
 

Forex Analysis & Reviews: USDCAD Potential for Bullish Rise | 10th August 2022
time 10.08.2022 06:26 AM
time Relevance up to, 11.08.2022 06:26 AM

This image is no longer relevant

On the H4, with the price going above ichimoku cloud, and DIF is breaking the signal line in MACD, we have a bullish bias that the price may rise from our 1st resistance at 1.29011, which is in line with previous swing high to our 2nd resistance at 1.29831, which is in line with the 78.6% fibonacci projection and 50% fibonacci retracement. Alternatively, the price may drop to the 1st support at 1.28483, which is in line with 61.8% fibonacci retracement and pullback support.

Trading Recommendation

Entry:1.29011

Reason for Entry:Swing high

Take Profit: 1.29831

Reason for Take Profit: 78.6% fibonacci projection and 50% fibonacci retracement

Stop Loss: 1.28483

Reason for Stop Loss:

61.8% fibonacci retracement and pullback support

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。

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, expect the price to continue heading towards the 1st resistance line at 0.63525, where the 88% Fibonacci line is. Alternatively, t.
作者: Dean Leo
05:14 2022-11-28 UTC--5
2548
AUDUSD Potential for Bullish Continuation | 28th November 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 0.67711 where the 61.8% Fibonacci line is. If this 1st resistance line is broken, exp.
作者: Dean Leo
05:11 2022-11-28 UTC--5
3028
ETHUSD Potential For Bearish Continuation | 28th November 2022
Looking at the H4 chart, my overall bias for ETHUSD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market .If this bearish momentum continues, expect price to possibly head towards the 1st support at 1071.11, where the -previous swing low is located. In an.
作者: Dean Leo
05:09 2022-11-28 UTC--5
2743
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

Gold keeps afloat

With the Federal Reserve hoping to slow the pace of rate hikes next month and into 2023, retail investors have become increasingly interested in gold. However, Wall Street analysts

Irina Yanina 12:51 2022-11-28 UTC+2

EUR/USD trading plan for North American session on November 28, 2022. Overview of morning trades. EUR seems exhausted

In my morning review, I mentioned the level of 1.0385 and recommended entering the market from there. Let's analyze the pair on the 5-minute chart. A rise to this level

Miroslaw Bawulski 11:41 2022-11-28 UTC+2

Bitcoin consolidated above the $16.1k key resistance level: what to expect in the new trading week

The new trading week on the crypto market started with minimal price movements and slight bearish dominance. In general, the classic post-weekend situation with low trading volumes and minimal volatility

Artem Petrenko 11:26 2022-11-28 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

AUDUSD Potential for Bullish Continuation | 28th November 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

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

Forex forecast 11/28/2022 EUR/USD, GBP/USD, AUD/USD, Oil, Gold, SP500 and Bitcoin from Sebastian Seliga

Let's take a look at the technical picture of EUR/USD, GBP/USD, AUD/USD, Oil, Gold, SP500 and Bitcoin

Sebastian Seliga 11:10 2022-11-28 UTC+2

ETHUSD Potential For Bearish Continuation | 28th November 2022

Looking at the H4 chart, my overall bias for ETHUSD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market .If this bearish momentum

Dean Leo 11:09 2022-11-28 UTC+2

RBA governor sees better chance of economy's soft landing than peers

The Australian dollar fell after the RBA governor said Australia had a better chance of a soft landing of the economy than any other developed country. First of all, Philip

Jakub Novak 10:39 2022-11-28 UTC+2

Bitcoin: Bullish recovery still possible, with stronger crypto industry

Bitcoin remains under pressure, drawing a suspiciously bearish flag pattern. If this figure works out, the level near $14,000 will not hold the price. It is worth noting that

Ekaterina Kiseleva 10:39 2022-11-28 UTC+2

Technical Analysis of ETH/USD for November 28, 2022

Crypto Industry News: "Metaverse" is one of the main contenders for the 2022 Oxford Word of the Year, the Oxford University Press (OUP) announced, in a sign that this particular

Sebastian Seliga 10:08 2022-11-28 UTC+2
现在无法通话?
提出您的问题,用 在线帮助.