22.01.202110:24 Forex Analysis & Reviews: Daily Video Analysis: XAUUSD is facing bullish pressure, potential for further upside!

Today we take a look at XAUUSD. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups. Price is facing bullish pressure from the Ichimoku cloud, which is in line with our bullish bias. We could potentially see a bounce at our buy entry level, in line with our 61.8% Fibonacci retracement, and a further push up towards our take profit level.

*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.

Dean Leo,
Chuyên gia phân tích
Tập đoàn InstaForex © 2007-2021

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Daily Video Analysis: CADJPY facing bearish pressure, potential for further drop!

Today we take a look at CADJPY. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups. Price is facing bearish pressure as it continues to hold below the descending.

CADJPY reacting below descending trendline resistance! Drop incoming!

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