06.08.201908:55 विदेशी मुद्रा विश्लेषण और समीक्षा: EUR/USD approaching resistance, potential drop!

Long-term review

EURUSD is approaching our first resistance at 1.1281 where we might be seeing a drop below this level.

Entry: 1.1281

Why it's good : 100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance

Stop Loss : 1.1325

Why it's good : horizontal swing high resistance, 76.4% Fibonacci retracement

Take Profit : 1.1166

Why it's good: Horizontal pullback support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

Dean Leo स विश्लेषणात्मक विशेषज्ञ द्वारा प्रदर्शन किया
इंस्टाफॉरेक्ष् समूह © 2007-2020

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.

GBPJPY to reverse from downside confirmation, potential drop!

GBPYJPY is expected to reverse from its downside confirmation at 139.667, which is in line with our 23.6% Fibonacci retracement, where it could potentially drop further to 139.005 which is our take profit level in line with our 50% retracement. It is worth noting that the Stochastic indicator is.

USDCAD bounced off support, potential for a further rise!

USDCAD bounced off our support level, which lines up with our 38.2% Fibonacci retracement and 50% Fibonacci extension, where it could potentially rise further to 1.30291.

AUDUSD is approaching resistance, potential drop!

AUDUSD is approaching its resistance at 0.73207 in line with our 78.6% Fibonacci retracement level, where it could potentially drop even further to our support level at 0.72906 in line with our 50% Fibonacci retracement level. We may be seeing a bearish reversal at the resistance level.