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15.01.202112:06 Forex Analysis & Reviews: Daily Video Analysis: CADJPY is facing bullish pressure, potential for a bounce!

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Today we take a look at CADJPY. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups. CADJPY is facing bullish pressure, where we could see a potential bounce from our buy entry level towards our take profit level, which is in line with our horizontal swing high resistance. It is worth noting that the Stochastic indicator is also approaching the support level, which shows possible bullish momentum in line with our bullish bias.

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Dean Leo,
分析专家
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