empty
 
 

25.10.202109:13 Forex Analysis & Reviews: EURGBP facing bullish pressure, potential for more upside!

Exchange Rates 25.10.2021 analysis

Price is reacting above the descending trendline resistance (now support). Price could potentially bullish from 1st support at 0.84528 in line with 38,2% Fibonacci retracement and 23.6% Fibonacci extension to 1st resistance at 0.84958 in line with 61.8 Fibonacci retracement and 61.8% Fibonacci extension. Our bullish bias is further supported by how Price is holding above the EMA. Otherwise price may bearish towards 2nd support at 0.84215 in line with Horizontal swing low and 50% Fibonacci extension.

Trading Recommendation

Entry: 0.84528

Reason for Entry:

38,2% Fibonacci retracement and 23.6% Fibonacci extension

Take Profit: 0.84958

Reason for Take Profit:

61.8 Fibonacci retracement and 61.8% Fibonacci extension

Stop Loss: 0.84215

Reason for Stop Loss:

Horizontal swing low and 50% Fibonacci extension

*Účelem zde zveřejněné analýzy trhu je zvýšení vašeho povědomí, nikoli dávání pokynů k obchodování.

Dean Leo,
Odborný analytik společnosti InstaForex
© 2007-2021
Využijte doporučení analytiků právě teď
Doplnit obchodní účet
Otevřít obchodní účet

Díky analytickým přehledům společnosti InstaForex získáte plné povědomi o tržních trendech! Jako zákazníkovi společnosti InstaForex je Vám k dispozici velký počet bezplatných služeb umožňujících efektivní obchodování.

Daily Video Analysis: BTCUSD, H4 Potential Bullish Breakout
Today we take a look at BTCUSD. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups.
Autor: Dean Leo
01:45 2021-11-29 UTC--5
1663
AUDCHF short-term bullish bounce | 29th Nov 2021
On the H4 timeframe, price is abiding to the ascending trendline support on the daily and descending trendline resistance on the H4 forming a potential triangle pattern. We can expect the price to bounce from 1st Support in line with 23.6% Fibonacci retracement to 1st Resistance in line with 161.8%.
Autor: Dean Leo
01:09 2021-11-29 UTC--5
4678
EURGBP Potential For Dips | 29th Nov 2021
Prices have reached a Pivot and are on a bearish momentum. We see potential for continuous dip from our 1st resistance at 0.84744 which is an area of Fibonacci confluences and also graphical overlap towards our 1st support at 0.84214 in line with 61.8% and 78.6% Fibonacci retracement..
Autor: Dean Leo
01:08 2021-11-29 UTC--5
3973
Ukázat další
Nemůžete právě teď mluvit?
Položte vaši otázku v chatu.