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13.05.202212:52 Forex Analysis & Reviews: Daily Video Analysis: USDJPY, H4 Further Bearish Opportunity

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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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GBPUSD Potential For Bearish Continuation | 13th May 2022
On the H4, with price moving below the Ichimoku cloud, we have a bearish bias that price will drop from our 1st resistance at 1.23802 where the horizontal swing high resistance is to our 1st support at 1.21005 in line with the 61.80% Fibonacci projection. Alternatively, price may break 1st.
Author: Dean Leo
06:33 2022-05-13 UTC--4
3088
NZDUSD Potential For Bearish Continuation | 13th May 2022
On the H4, with price moving below the Ichimoku cloud, we have a bearish bias that price will drop from our 1st resistance at 0.63622 where the 127.20% Fibonacci extension and horizontal swing high resistance is to our 1st support at 0.62059 in line with the 227.2% Fibonacci projection and 161.8%.
Author: Dean Leo
06:30 2022-05-13 UTC--4
6853
NEARUSD, Bearish Momentum | 13th May 2022
On the H4, with price moving below the Ichimoku cloud, we have a bearish bias that price will drop to our 1st support at 5.678 in line with the horizontal swing low support from our 1st resistance at 10.456 in line with the horizontal swing high resistance. Alternatively, price may break 1st.
Author: Dean Leo
06:25 2022-05-13 UTC--4
6373
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