15.07.201909:38 Forex Analysis & Reviews: AUD/USD approaching resistance, potential reversal!

Exchange Rates 15.07.2019 analysis

We believe price will rise to its resistance at 0.7046 before reversing back down towards its support.

Entry: 0.7046

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

Stop Loss : 0.7065

Why it's good : 61.8% Fibonacci retracement

Take Profit : 0.7008

Why it's good: 61.8% Fibonacci retracement, horizontal overlap support

Exchange Rates 15.07.2019 analysis

*A análise de mercado aqui postada destina-se a aumentar o seu conhecimento, mas não dar instruções para fazer uma negociação.

Dean Leo,
Especialista em análise na 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.

Daily Video Analysis: USDJPY approaching pivot, potential for reversal
Today we take a look at USDJPY. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups.
Author: Dean Leo
01:28 2021-10-21 UTC--4
CADJPY short-term bearish pressure | 21st Oct 2021
Price is abiding to an ascending trendline, signifying a bullish momentum, however, we are expecting price to do a short-term retracement. We can expect price to be reversing from 1st Resistance in line with daily resistance and drop towards the 1st Support level in line with 23.6% Fibonacci.
Author: Dean Leo
00:24 2021-10-21 UTC--4
GBPAUD is facing short-term bullish pressure.
Price is approaching the support of the descending price channel and above the Daily ascending trendline support. Price may bounced from 1st support at 1.82555 in line with Horizontal swing low and 61.8% Fibonacci extension to 1st resistance 1.84728 in line 50% Fibonacci retracement with 61.8%.
Author: Dean Leo
00:21 2021-10-21 UTC--4
Show more
Não pode falar agora?
Faça sua pergunta no chat.