empty
 
 

07.05.202109:43 Forex Analysis & Reviews: AUDJPY facing bullish pressure, potential for further upside!

Exchange Rates 07.05.2021 analysis

Prices are facing bullish pressure from horizontal swing low support in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension. Prices might push up towards 1st resistance, which is a fibonacci confluence -27.2% Fibonacci retracement and 78.6% Fibonacci extension. If prices push down further, prices might take support from 50% FIbonacci extension and 38,2% Fibonacci retracement. EMA is also below prices, showing a bullish pressure for prices.

Trading Recommendation

Entry: 84.867

Reason for Entry:

Ascending trendline support, horizontal swing low support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension

Take Profit: 85.091

Reason for Take Profit:

-27.2% FIbonacci retracement, 78.6% Fibonacci extension

Stop Loss: 84.723

Reason for Stop Loss:

Horizontal swing low support, 50% Fibonacci extension, 38.2% Fibonacci retracement

*Analiza de piață publicată aici este menită să vă sporească conștientizarea, nu pentru a oferi instrucțiuni pentru a efectua un schimb.

Dean Leo,
Expert analitic al companiei InstaForex
© 2007-2021
Beneficiați de recomandările analiștilor chiar acum
Cont de tranzacționare top-up
Deschideți un cont de tranzacționare

Recenziile analitice InstaForex vă vor face pe deplin conștient de tendințele pieței! Fiind client InstaForex, vi se oferă un număr mare de servicii gratuite pentru tranzacționare eficientă.

EURUSD holding below descending trendline resistance! Further drop upcoming!
EURUSD holding below descending trendline resistance. With technical indicators showing room for further bearish momentum, a further push down to our 1st support at 1.16645 could be possible.
Autor: Decan Leo
02:09 2021-09-22 UTC--4
883
NZDJPY facing bearish pressure, drop incoming!
Price is facing bearish pressure as it holds under the descending trendline resistance and 1st resistance at 77.330 in line with 38.2% Fibonacci retracement and 23.6% Fibonacci extension. Price may bearish from 1st resistance at 77.330 in line with 38.2% Fibonacci retracement and 23.6% Fibonacci.
Autor: Decan Leo
02:05 2021-09-22 UTC--4
838
CADJPY short-term bullish bounce | 22nd 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 weekly overlap support. We can expect price to push past 1st support and ride the bullish momentum towards the 1st resistance in.
Autor: Decan Leo
01:52 2021-09-22 UTC--4
1108
Afișează mai multe
Nu puteti sa vorbiti acum?
Puneti intrebare in chat.