empty
 
 

22.04.202112:34 Forex Analysis & Reviews: Daily Video Analysis: CADJPY facing bearish pressure, potential for further drop!

loader

Today we take a look at CADJPY. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups. Price is facing bearish pressure as it holds under descending trendline resistance, where we could see a reversal at sell entry level, in line with 78.6% Fibonacci retracement, and further downside towards take profit levels, which are in line with 61.8% Fibonacci retracement and horizontal swing low support respectively. Stochastics is also showing signs of bearish pressure as it has reversed from the upper level where it has reacted at before.

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

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.

Afișează mai multe
Nu puteti sa vorbiti acum?
Puneti intrebare in chat.