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13.07.202110:38 Forex Analysis & Reviews: Daily Video Analysis: CADJPY facing bullish pressure, potential for further rise!

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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 bullish pressure as it continues to hold above the ascending trendline and moving average supports, and MACD is also holding above the 0 line. We could see a bounce at Buy Entry level, in line with 38.2% Fibonacci retracement, moving average support and ascending trendline support, and further upside towards Take Profit levels, in line with 78.6% and 100% Fibonacci retracement levels.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Dean Leo,
Odborný analytik spoločnosti InstaForex
© 2007-2021
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Pár USDJPY: krátkodobý medvedí tlak | 20. 10. 2021
Cena sa dr v stpajcom kanli, mono vak oakva, e sa vrti sp na rove podpory. Meme vychdza z toho, e dosiahne prv rezistenciu na Fibonacciho rovni 161,8% nvratu a 78,6 % projekcie a nsledne klesne nadol smerom k prvej podpore na Fibonacciho rovni 100 % projekcie a 127,2 % nvratu. Krtkodob pokles nm.
Author: Dean Leo
02:32 2021-10-20 UTC--4
523
EURUSD bearish continuation | 19th Oct 2021
On the H4, we can see price approaching the resistance on the stochastic indicator which indicates that price may do a short term reversal to 1st support at 1.16225 in line with the 38.2% Fibonacci retracement. With the overall bullish sentiment with the ascending channel, we may subsequently see.
Author: Dean Leo
03:42 2021-10-19 UTC--4
508
USDCAD: pokračovanie poklesu | 18. október 2021
Na H4 vidme, e cena sa bli k najbliej rezistencii na rovni 1,23953 (38,2 % Fibonacciho nvratu). Pri momentlnych medvedch nladch (cena sa pohybuje pod ichimoku a v rmci downtrendu), meme oakva, e cena bude od najbliej rezistencie klesa smerom k 1, supportu na rovni 1,23382 (78,6 % Fibonacciho.
Author: Dean Leo
03:42 2021-10-18 UTC--4
508
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