empty
 
 

25.10.202109:13 Forex Analysis & Reviews: EURGBP facing bullish pressure, potential for more upside!

Exchange Rates 25.10.2021 analysis

Price is reacting above the descending trendline resistance (now support). Price could potentially bullish from 1st support at 0.84528 in line with 38,2% Fibonacci retracement and 23.6% Fibonacci extension to 1st resistance at 0.84958 in line with 61.8 Fibonacci retracement and 61.8% Fibonacci extension. Our bullish bias is further supported by how Price is holding above the EMA. Otherwise price may bearish towards 2nd support at 0.84215 in line with Horizontal swing low and 50% Fibonacci extension.

Trading Recommendation

Entry: 0.84528

Reason for Entry:

38,2% Fibonacci retracement and 23.6% Fibonacci extension

Take Profit: 0.84958

Reason for Take Profit:

61.8 Fibonacci retracement and 61.8% Fibonacci extension

Stop Loss: 0.84215

Reason for Stop Loss:

Horizontal swing low and 50% 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: BTCUSD, D1 Selling Opportunity After Strong Bearish Breakout
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.
Author: Dean Leo
04:53 2022-01-21 UTC--5
2683
USDJPY Potential Bullish Bounce | 21st Jan 2022
On the H4 timeframe, is abiding to the ascending channel on the daily, signifying an overall bullish momentum. We can now expect price to bounce from 1st Support in line with 78.6% Fibonacci retracement and 78.6% Fibonacci projection towards 1st Resistance in line with 61.8% Fibonacci projection.
Author: Dean Leo
02:19 2022-01-21 UTC--5
4363
NZDUSD Bullish bounce | 21th Jan 2022
On the H4 timeframe, prices are consolidating in a parallel channel and on bearish momentum. We see the potential for a bullish bounce from our 1st support at 0.67151 in line with 161.8% Fibonacci projection and 78.6% Fibonacci Retracement which is a graphical swing low and in line with our.
Author: Dean Leo
02:12 2022-01-21 UTC--5
3568
Show more
Không thể nói chuyện ngay bây giờ?
Đặt câu hỏi của bạn trong phần trò chuyện.