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20.03.2023 10:44 AM
EURUSD, Day | Potential reversel?
The EUR/USD pair has bullish momentum and may move towards the 1st resistance level. Pullback support at 1.0478, coinciding with the 38.20% Fibonacci retracement level, is currently supporting the price. If the price bounces from this support, it could reach the 1st resistance level at 1.1001, a significant swing high resistance level. An intermediate resistance level at 1.0787 may also contribute to stronger bullish momentum. An intermediate support level at 1.0345, which aligns with the 50% Fibonacci retracement level, exists on the downside, but the overall bias is bullish.
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Dean Leo,
Analytical expert of InstaForex
© 2007-2023
USDCHF, H4 | Rally to 1st resistance??
The USD/CHF chart displays a bullish momentum, indicating an upward trend. The price being above the bullish Ichimoku cloud and a major ascending trend line contributes to this positive sentiment. Given the bullish momentum, there is a possibility of a bullish bounce from the first support level t.
作者: Dean Leo
01:32 2023-06-01 UTC--4
1585
GBPUSD , H4 | React off Resistance?
The GBP/USD chart currently shows a bearish momentum, suggesting a downward trend. There is a possibility of a bearish reaction from the first resistance level, leading to a decline towards the first support level. The 1.2376 level is a significant support area, previously attracting buyers. The se.
作者: Dean Leo
01:30 2023-06-01 UTC--4
1375
EUR/USD , H4 | Falling to 1st support?
The EUR/USD chart shows a bearish momentum as the price remains below a major descending trend line and the bearish Ichimoku cloud. This indicates a presence of bearish pressure in the market. There is a likelihood of a bearish reaction at the first resistance level, which could lead to a decline t.
作者: Dean Leo
01:28 2023-06-01 UTC--4
1675
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