Facebook
 
 

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

loader

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.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Viele Grüße,
Analytiker: Dean Leo
InstaForex © 2007-2021
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Show more
Können Sie momentan nicht telefonieren?
Dann stellen Sie Ihre Frage im Chat.