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02.08.202108:40 Forex Analysis & Reviews: GBPUSD breaking below 1st resistance, facing bearish pressure!

Exchange Rates 02.08.2021 analysis

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Daily Video Analysis: GBPJPY potential for short pullback.
Today we take a look at GBPJPY. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups.
Author: Dean Leo
02:18 2021-10-19 UTC--4
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AUDJPY short-term bearish pressure | 19th Oct 2021
Price is holding on an ascending trendline support, showing an overall bullish trend, however, we are expecting a retracement to the 1st Support in line with ascending trendline support and 61.8% Fibonacci projection. Our short-term bearish bias is further supported by the MACD indicator where the.
Author: Dean Leo
22:53 2021-10-18 UTC--4
3268
USDCAD is facing bearish pressure, potential for more downside!
Price has shown a bearish breakout below the neckline of the Head and Shoulder pattern and also is holding below the EMA as well. We could see a further drop from 1st resistance at 1.24098 in line with graphical overlap resistance and 23.6% Fibonacci extension and towards 1st support at 1.21610 in.
Author: Dean Leo
22:52 2021-10-18 UTC--4
2608
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