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  1. #3571
    Senior Investor IFX Gertrude's Avatar
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    Forex Analysis & Reviews: USDCHF, Potential For Bullish rise | 23rd June 2022



    Description : On the H4, with the price expected to bounce off the RSI indicator, we have a bearish bias that price will rise from our 1st support at 0.95475 where the horizontal swing low support and 100% Fibonacci projection is to our 1st resistance at 0.97148 in line with the horizontal swing high resistance. Alternatively, price may break structure and head for 2nd support at 0.94114 where the 127.2% Fibonacci extension is.

    Trading Recommendation
    Entry: 0.95475 Reason for Entry: Horizontal swing low support and 100% Fibonacci projection
    Take Profit: 0.97148Reason for Take Profit:Horizontal swing high resistance
    Stop Loss: 0.94114Reason for Stop Loss:127.2% Fibonacci extension

    Analysis are provided byInstaForex.

    Read More https://ifxpr.com/3zRXEfl
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    PR Manager

    Learn more about InstaForex Company at http://instaforex.com

  2. #3572
    Senior Investor IFX Gertrude's Avatar
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    Forex Analysis & Reviews: USDJPY Potential For Bullish Continuation | 24th June 2022



    Description:
    On the H4, with price moving above the ichimoku indicator, we have a bullish bias that price will rise from our 1st support at 135.536 in line with the pullback support and 23.6% fibonacci retracement to our 1st resistance at 138.846 where the 161.8% fibonacci extension and 78.6% fibonacci projection are . Alternatively, price may break 1st support structure and head for 2nd support at 131.607 in line with the swing low support,78.6% fibonacci projection and 50% fibonacci retracement.

    Trading Recommendation
    Entry: 135.536
    Reason for Entry:horizontal pullback support and 23.6% fibonacci retracement
    Take Profit: 138.846
    Reason for Take Profit:161.8% fibonacci extension and 78.6% fibonacci projection
    Stop Loss: 131.607
    Reason for Stop Loss: horizontal swing low support,78.6% fibonacci projection and 50% fibonacci retracement

    Analysis are provided byInstaForex.
    Best regards,
    PR Manager

    Learn more about InstaForex Company at http://instaforex.com

  3. #3573
    Senior Investor IFX Gertrude's Avatar
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    Forex Analysis & Reviews: USDCAD, Potential For Bullish Bounce | 27th June 2022



    On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise from our 1st support at 1.28647 where the horizontal swing low support and 38.2% Fibonacci retracement is to our 1st resistance at 1.30128 in line with the horizontal swing high resistance. Alternatively, price may break structure and head for 2nd support where the horizontal pullback support and 61.8% Fibonacci retracement.

    Trading Recommendation
    Entry: 1.28647 Reason for Entry: Horizontal swing low support and 38.2% Fibonacci retracement
    Take Profit: 1.30128
    Reason for Take Profit: Horizontal swing high resistanceStop Loss: 1.27189 Reason for Stop Loss:
    Horizontal pullback support and 61.8% Fibonacci retracement

    Analysis are provided byInstaForex.
    Best regards,
    PR Manager

    Learn more about InstaForex Company at http://instaforex.com

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