empty
 
 

15.10.202107:43 Forex Analysis & Reviews: EURUSD bullish breakout | 15th Oct 2021

Exchange Rates 15.10.2021 analysis

With the recent breakout in resistance which has now turned support at 1.16097, we are expecting to see price do a rise from 1st support at 1.16091 in line with 23.6% Fibonacci retracement to 1st resistance at 1.16259 in line with the 161.8% Fibonacci extension. Our current bullish bias is supported by price moving above the ichimoku cloud coupled with an ascending trendline on the stochastic indicator. Alternatively, price may break structure at 1st support and head for 2nd support at 1.15873 in line with the 38.2% Fibonacci retracement level.

Trading Recommendation

Entry: 1.16093

Reason for Entry:

Horizontal swing high resistance and 161.8% Fibonacci extension

Take Profit: 1.16259

Reason for Take Profit:

Horizontal overlap support and 23.6% Fibonacci retracement

Stop Loss: 1.15873

Reason for Stop Loss:

Horizontal overlap support and 38.2% Fibonacci retracement

*Analiza tržišta koja se ovde nalazi namenjena je boljem razumevanju tržišta i ne pruža instrukcije za vršenje trgovanja.

Dean Leo,
Analytical expert of InstaForex
© 2007-2021
Iskoristite preporuke analitičara upravo sada
Dopunite trgovački račun
Otvori trgovački račun

Uz InstaForex-ove analitičke preglede uvek ćete biti u toku sa tržišnim trendovima! Klijentima InstaForex-a su dostupni mnogobrojni besplatni servisi za uspešno trgovanje.

Daily Video Analysis: BTCUSD H4, Strong Bearish Reversal
Today we take a look at BTCUSD. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups.
Autor: Din Leo
00:35 2021-12-07 UTC--5
1693
AUDUSD bearish continuation | 7th Dec 2021
On the H4, price is abiding to the descending trendline resistance, signifying bearish momentum. Price dropped below the daily overlap support, we can expect price to drop from 1st Resistance in line with 38.2% FIbonacci retracement and 61.8% Fibonacci projection towards 1st Support in line with.
Autor: Din Leo
00:34 2021-12-07 UTC--5
5053
GBPAUD Potential For Dips| 7th Dec 2021
Prices are on a bearish momentum and abiding to our bearish trendline. We see potential for a dip from our 1st resistance at 1.89166 which is a graphical overlap and area of Fibonacci confluences towards our 1st support at 1.85272 which is an area of Fibonacci confluences. Breaking the 1st support.
Autor: Din Leo
00:32 2021-12-07 UTC--5
4048
Prikaži više
Ne možete da razgovarate sada?
Postavite pitanje kroz ćaskanje.