empty
 
 

01.12.202108:50 Forex Analysis & Reviews: CHFJPY Potential For Dips | 1st Dec 2021

Exchange Rates 01.12.2021 analysis

Prices are on a bearish momentum and abiding to our bearish trendline. We see potential for continuous dip from our 1st resistance at 123.336 in line with 78.6% and 38.6% Fibonacci retracement and also graphical overlap towards our 1st support at 122.385 in line with 61.8% Fibonacci extension and 38.2% Fibonacci retracement. Breaking the 1st support will find prices dipping further towards our 2nd support at 121.966 in line which is a graphical swing low. RSI is at a level where dips previously occurred. Alternatively, our stop loss will be placed at 2nd resistance at 123.707 in line with 100% Fibonacci extension.

Trading Recommendation

Entry: 123.336

Reason for Entry:

78.6% and 38.6% Fibonacci retracement and also graphical overlap

Take Profit: 122.385

Reason for Take Profit:

61.8% Fibonacci extension and 38.2% Fibonacci retracement

Stop Loss: 123.707

Reason for Stop Loss:

100% Fibonacci extension

*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.

Benefíciese de las recomendaciones de los analistas ahora mismo
Recargue su cuenta de operaciones
Abra una cuenta de operaciones

¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.

GBPUSD Potential For Bullish Bounce | 18th May 2022
On the H4, with price moving above the Ichimoku and the recent breakthrough in our descending trendline, we have a bullish bias that price will rise from our 1st support at 1.23982 where the 23.60% Fibonacci retracement and horizontal overlap support is to our 1st resistance at 1.26283 in line with.
Autor: Dean Leo
00:38 2022-05-18 UTC--4
4993
USDJPY Potential For Bullish Continuation | 18th May 2022
On the H4, with the MACD moving in a bullish momentum, we have a bullish bias that price will rise from our 1st support at 128.996 where the 38.2% Fibonacci retracement and horizontal overlap support is to our 1st resistance at 129.603 in line with the horizontal swing high resistance..
Autor: Dean Leo
00:35 2022-05-18 UTC--4
5188
LINKUSD, Potential For Bullish Continuation | 18th May 2022
On the H4, with the MACD showing a bullish momentum, we have a bullish bias that price will rise to our 1st resistance at 7.99307 in line with the horizontal swing high resistance from our 1st support at 7.26982 in line with the horizontal swing low support and 61.8% Fibonacci retracement..
Autor: Dean Leo
00:34 2022-05-18 UTC--4
5098
Mostrar más
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.