empty
 
 

21.10.202106:21 Forex Analysis & Reviews: GBPAUD is facing short-term bullish pressure.

Exchange Rates 21.10.2021 analysis

Price is approaching the support of the descending price channel and above the Daily ascending trendline support. Price may bounced from 1st support at 1.82555 in line with Horizontal swing low and 61.8% Fibonacci extension to 1st resistance 1.84728 in line 50% Fibonacci retracement with 61.8% Fibonacci extension. Our bullish view is further supported by how RSI is approaching support where Price bounced in the past. Otherwise price may bearish towards 2nd support at 1.81688 in line with Horizontal graphical overlap support and 78.6% Fibonacci extension.

Trading Recommendation

Entry: 1.82555

Reason for Entry:

Horizontal swing low and 61.8% Fibonacci extension

Take Profit: 1.84728

Reason for Take Profit:

50% Fibonacci retracement with 61.8% Fibonacci extension

Stop Loss: 1.81688

Reason for Stop Loss:

Horizontal graphical overlap support and 78.6% Fibonacci extension

*Phân tích thị trường được đăng tải ở đây có nghĩa là để gia tăng nhận thức của bạn, nhưng không đưa ra các chỉ dẫn để thực hiện một giao dịch.

Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Daily Video Analysis: AUDCAD, H4 5th Wave Elliott Wave Completion, Potential For Bounce
Today we take a look at AUDCAD. 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
05:34 2022-01-19 UTC--5
1768
USDCHF Potential Bearish Drop | 19th Jan 2022
On the H4 timeframe, with price moving below the Ichimoku cloud, we have a bearish bias that price will drop from 1st resistance of 0.91795 in line with the 50% Fibonacci retracement level to 1st support at 0.91316 in line with the 50% Fibonacci retracement level. Alternatively, price may break.
Author: Dean Leo
01:22 2022-01-19 UTC--5
3403
NZDUSD Bullish Bounce | 19th Jan 2022
On the H4 timeframe, prices are consolidating in an ascending channel and on bullish momentum. We see the potential for a bounce from our 1st support at 0.67563 in line with 78.6% Fibonacci retracement towards our 1st resistance at 0.68098 in line with 38.2% Fibonacci retracement. RSI are at levels.
Author: Dean Leo
01:17 2022-01-19 UTC--5
1513
Show more
Không thể nói chuyện ngay bây giờ?
Đặt câu hỏi của bạn trong phần trò chuyện.