empty
 
 

Forex Analysis & Reviews: GBPUSD Potential For Bullish Continuation | 11st August 2022
time 11.08.2022 07:02 AM
time Relevance up to, 12.08.2022 07:02 AM

This image is no longer relevant

On the H4, with price moving within an ascending channel and above the ichimoku indicator, we have a bullish bias that price will rise from the 1st support at 1.21840 where the pullback support and 38.2% fibonacci retracement are to the 1st resistance at 1.22923 where the swing high resistance and 61.8% fibonacci projection are. Alternatively, price could break 1st support structure and drop to 2nd support at 1.21120 where the pullback support, 61.8% fibonacci retracement and 61.8% fibonacci projection are.

Trading Recommendation

Entry: 1.21840

Reason for Entry:

Pullback support and 38.2% fibonacci retracement

Take Profit: 1.22923

Reason for Take Profit:Swing high resistance and 61.8% fibonacci projection

Stop Loss: 1.21120

Reason for Stop Loss:

Pullback support, 61.8% fibonacci retracement and 61.8% fibonacci projection

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.

NZDUSD Potential for Bullish Continuation | 28th November 2022
On the H4 chart, we have a bullish bias with the price moving above the Ichimoku cloud and has broken out of the ascending channel. If this bullish momentum continues, expect the price to continue heading towards the 1st resistance line at 0.63525, where the 88% Fibonacci line is. Alternatively,.
Author: Dean Leo
05:14 2022-11-28 UTC--5
2248
AUDUSD Potential for Bullish Continuation | 28th November 2022
Looking at the H4 chart, my overall bias for ADUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Expecting price to continue heading towards the 1st resistance at 0.67711 where the 61.8% Fibonacci line is. If this 1st resistance line is broken,.
Author: Dean Leo
05:11 2022-11-28 UTC--5
2548
ETHUSD Potential For Bearish Continuation | 28th November 2022
Looking at the H4 chart, my overall bias for ETHUSD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market .If this bearish momentum continues, expect price to possibly head towards the 1st support at 1071.11, where the -previous swing low is located. In an.
Author: Dean Leo
05:09 2022-11-28 UTC--5
2368
Show more
  • Giao dịch khôn ngoan, thành công
    Nạp tiền vào tài khoản của bạn với ít nhất $ 500, đăng ký cuộc thi và có cơ hội giành được các thiết bị di động.
    THAM GIA CUỘC THI
  • Ferrari từ InstaForex
    Nạp tiền vào tài khoản của bạn với ít nhất 1.000
    tham gia cuộc thi và giành chiến thắng Ferrari
    F8 Tributo
    THAM GIA CUỘC THI
  • Tiền gửi lần truy cập
    Gửi vào tài khoản của bạn 3.000 đô la và giành được 1.000 đô la
    THAM GIA CUỘC THI
  • 100% tiền thưởng
    Cơ hội duy nhất của bạn để nhận 100% tiền thưởng khi gửi tiền
    NHẬN THƯỞNG
  • 55% Tiền thưởng
    Đăng ký tiền thưởng 55% cho mỗi lần gửi tiền của bạn
    NHẬN THƯỞNG
  • 30% tiền thưởng
    Nhận 30% tiền thưởng mỗi khi bạn nạp tiền vào tài khoản của mình
    NHẬN THƯỞNG

Recommended Stories

EUR/USD trading plan for North American session on November 28, 2022. Overview of morning trades. EUR seems exhausted

In my morning review, I mentioned the level of 1.0385 and recommended entering the market from there. Let's analyze the pair on the 5-minute chart. A rise to this level

Miroslaw Bawulski 11:41 2022-11-28 UTC+2

Bitcoin consolidated above the $16.1k key resistance level: what to expect in the new trading week

The new trading week on the crypto market started with minimal price movements and slight bearish dominance. In general, the classic post-weekend situation with low trading volumes and minimal volatility

Artem Petrenko 11:26 2022-11-28 UTC+2

NZDUSD Potential for Bullish Continuation | 28th November 2022

On the H4 chart, we have a bullish bias with the price moving above the Ichimoku cloud and has broken out of the ascending channel. If this bullish momentum continues

Dean Leo 11:14 2022-11-28 UTC+2

AUDUSD Potential for Bullish Continuation | 28th November 2022

Looking at the H4 chart, my overall bias for ADUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Expecting price to continue

Dean Leo 11:11 2022-11-28 UTC+2

Forex forecast 11/28/2022 EUR/USD, GBP/USD, AUD/USD, Oil, Gold, SP500 and Bitcoin from Sebastian Seliga

Let's take a look at the technical picture of EUR/USD, GBP/USD, AUD/USD, Oil, Gold, SP500 and Bitcoin

Sebastian Seliga 11:10 2022-11-28 UTC+2

ETHUSD Potential For Bearish Continuation | 28th November 2022

Looking at the H4 chart, my overall bias for ETHUSD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market .If this bearish momentum

Dean Leo 11:09 2022-11-28 UTC+2

RBA governor sees better chance of economy's soft landing than peers

The Australian dollar fell after the RBA governor said Australia had a better chance of a soft landing of the economy than any other developed country. First of all, Philip

Jakub Novak 10:39 2022-11-28 UTC+2

Bitcoin: Bullish recovery still possible, with stronger crypto industry

Bitcoin remains under pressure, drawing a suspiciously bearish flag pattern. If this figure works out, the level near $14,000 will not hold the price. It is worth noting that

Ekaterina Kiseleva 10:39 2022-11-28 UTC+2

Technical Analysis of ETH/USD for November 28, 2022

Crypto Industry News: "Metaverse" is one of the main contenders for the 2022 Oxford Word of the Year, the Oxford University Press (OUP) announced, in a sign that this particular

Sebastian Seliga 10:08 2022-11-28 UTC+2

Technical Analysis of BTC/USD for November 28, 2022

Crypto Industry News: Russian President Vladimir Putin has criticized the monopoly in global financial payment systems and called for the creation of an independent and blockchain-based settlement network, speaking

Sebastian Seliga 10:07 2022-11-28 UTC+2
Không thể nói chuyện ngay bây giờ?
Đặt câu hỏi của bạn trong phần trò chuyện.