empty
 
 

02.07.202111:17 Forex Analysis & Reviews: Daily Video Analysis: EURAUD facing bullish pressure, potential for further rise!

loader

Today we take a look at EURAUD. 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 as it continues to hold above the moving average, and MACD is holding above 0 line. We could see a bounce at Buy Entry, in line with 38.2% Fibonacci retracement and ascending trendline support, towards Take Profit levels, in line with horizontal swing high resistance and -27.2% Fibonacci retracement.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Dean Leo,
Analytical expert of InstaForex
© 2007-2022
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: ETHUSD, W1 Potential Bullish Recovery
Today we take a look at ETHUSD. 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
05:57 2022-05-27 UTC--4
2248
AUDUSD Potential For Bullish Continuation | 27th May 2022
On the H1, with price moving above the Ichimoku cloud and price moving within the ascending trend channel, we have a bullish bias that price will rise to our 1st resistance at 0.72673 where the swing high is from our 1st support at 0.71004 in line with the 61.8% Fibonacci retracement..
Author: Dean Leo
04:18 2022-05-27 UTC--4
3718
USDJPY Potential For Bearish Continuation | 27th May 2022
On the H4, with prices moving below the ichimoku indicator and passing the basis line of the bollinger band in a downtrend, we have a bearish bias that price will drop from our 1st resistance at 127.164 where the horizontal overlap resistance and 23.6% fibonacci retracement are to our 1st support.
Author: Dean Leo
04:12 2022-05-27 UTC--4
3658
Show more



  • Trade Wise, Win Devise
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • Ferrari from InstaForex
    Top up your account with at least $1,000
    join the contest and win Ferrari
    F8 Tributo
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and win $1,000
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS
Can't speak right now?
Ask your question in the chat.