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26.07.202109:14 Forex Analysis & Reviews: GBPUSD reversing from 1st resistance, facing bearish pressure!

Exchange Rates 26.07.2021 analysis

*تعینات کیا مراد ہے مارکیٹ کے تجزیات یہاں ارسال کیے جاتے ہیں جس کا مقصد آپ کی بیداری بڑھانا ہے، لیکن تجارت کرنے کے لئے ہدایات دینا نہیں.

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EURJPY short-term bullish bounce | 23rd Sep 2021
Price is holding below the descending trendline resistance, however we are expecting price to be making a short-term bullish bounce as price is seen to bounce off the 1st support. We can expect the price to bounce from the 1st Support and ride the bullish momentum towards the 1st resistance in line.
Author: Dean Leo
00:35 2021-09-23 UTC--4
2413
USDCAD holding above ascending trendline channel! Further upside coming!
USDCAD holding above ascending trendline support. With technical indicators showing room for further bullish momentum, a further push up to our 1st resistance at 1.29500 could be possible.
Author: Dean Leo
23:56 2021-09-22 UTC--4
2533
USDJPY reversed from resistance, potential drop!
Price is approaching 1st resistance at 110.053 in line with Horizontal swing high and 100% Fibonacci extension where it could reverse down to 1st support at 109.120 in line with Horizontal swing low and 61.8% Fibonacci extension. Our bearish bias is further supported by how RSI is approaching.
Author: Dean Leo
23:52 2021-09-22 UTC--4
2443
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