empty
 
 

27.09.202107:13 Forex Analysis & Reviews: USDJPY short-term bearish drop | 27th Sep 2021

Exchange Rates 27.09.2021 analysis

Price is holding above the ascending trendline support, however we are expecting the price to be making a short-term bearish drop as price has approached a strong resistance level where price reversed thrice at that level. We can expect the price to drop from the 1st Resistance and ride the bearish momentum towards the 1st Support in line with 100% Fibonacci Projection and 78.6% Fibonacci Retracement. Our short-term bearish bias is further supported by the Stochastic indicator where the %D line touches the resistance level awaiting for a drop.

Trading Recommendation

Entry: 110.813

Reason for Entry:

78.6% Fibonacci Projection

Take Profit: 109.120

Reason for Take Profit:

100% Fibonacci Projection and 78.6% Fibonacci Retracement

Stop Loss: 111.652

Reason for Stop Loss:

-61.8% Fibonacci Extension and 127.2% Fibonacci projection

*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.

Approfittati subito dei consigli degli analisti
Deposita i fondi sul conto di trading
Apri un conto di trading

Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.

Daily Video Analysis: GBPAUD H4, Strong Bullish Bounce Setup
Today we take a look at GBPAUD. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups.
Autore: Dean Leo
00:45 2021-12-08 UTC--5
1693
AUDUSD bearish continuation | 8th Dec 2021
On the H4, price is abiding to the descending trendline resistance, signifying bearish momentum. We can expect price to drop from 1st Resistance in line with 38.2% Fibonacci retracement and 127.2% Fibonacci projection towards 1st Support in line with 78.6% Fibonacci extension. Our bearish bias is.
Autore: Dean Leo
00:17 2021-12-08 UTC--5
4618
CHFJPY Potential For Bounce | 8th Dec 2021
Prices are on a bullish momentum and abiding to our bullish trendline. We see potential for a bounce from our 1st support at 122.428 which is a graphical overlap and in line with 100% Fibonacci extension towards our 1st resistance at 123.135 which is an area of Fibonacci confluences. Breaking the.
Autore: Dean Leo
00:16 2021-12-08 UTC--5
4003
Mostra di più
In questo momento non potete parlare al telefono?
Ponete la vostra domanda nella chat.