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21.10.202107:28 Forex Analysis & Reviews: Daily Video Analysis: USDJPY approaching pivot, potential for reversal

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Today we take a look at USDJPY. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups.

*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
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Daily Video Analysis: USDCAD, D1 Buying Opportunity On Ascending Trend Line
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USDJPY Potential Bullish Bounce | 18th 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 push higher from 1st Support in line with 23.6% Fibonacci retracement and graphical overlap support towards 1st Resistance in line with 61.8% Fibonacci.
Author: Dean Leo
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3958
NZDUSD Bullish Bounce | 18th 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 0.6799 in line with 61.8% Fibonacci retracement and 100% Fibonacci extension towards our 1st resistance at 0.68306 in line with 50% Fibonacci.
Author: Dean Leo
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