MT5.com - Daily Forex Analytics. Forecast of the currency exchange rate for today
Daily Video Analysis: GBPJPY High Probability Setuphttps://i.ytimg.com/vi/L1rINmU2PE0/sddefault.jpg
Today we take a look at GBPJPY. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups...
Divergence between Price and RSIhttps://forex-images.ifxdb.com/userfiles/20200918/appsimage_analytics5f647e9444b53.jpg
One of the best tools to get an early warning, that a possible top or bottom is close by comes from divergence between price and the RSI indicator. Here...
Fractal analysis for major currency pairs on September 18https://forex-images.ifxdb.com/userfiles/20200918/appsimage_analytics5f646c7c7541a.jpg
According to the results, the price for the euro/dollar pair has formed a strong potential for the top of September 17. The level of 1.1871 is the key resistance, while...
Simplified wave analysis and forecast for EUR/USD and GBP/JPY on September 18https://forex-images.ifxdb.com/userfiles/20200918/appsimage_analytics5f645d9f56a35.jpg
Until the upcoming pullback is completed, trading the euro in the market is risky. After clear signals of exchange rate change appear in the area of the support zone...
Elliott wave analysis of GBP/JPY for September 18, 2020https://forex-images.ifxdb.com/userfiles/20200918/appsimage_analytics5f6438f9d349d.jpg
The pair declined after the prolonged sideways consolidation between 135.41 and 136.59. We saw a clear break below support at 135.41 for a dip to 134.50 to test the channel-support...
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Fractal analysis for major currency pairs on September 17https://forex-images.ifxdb.com/userfiles/20200917/appsimage_analytics5f6304be62876.jpg
According to the results, the price for the euro/dollar pair canceled the development of the upward structure and we are following the downward cycle from September...
Elliott wave analysis of GBP/JPY for September 17, 2020https://forex-images.ifxdb.com/userfiles/20200917/appsimage_analytics5f62fa8357c9c.jpg
GBP/JPY remains locked inside the sideways consolidation between 135.41 and 136.59 and we will need a break out of this consolidation-area for the next meaningfull move. We prefer a break...
GBPJPY is facing bearish pressure, potential for further drop!https://forex-images.ifxdb.com/userfiles/20200916/appsimage_analytics5f623878a0038.jpg
Price is facing bearish pressure from our resistance, in line with our horizontal pullback resistance, 23.6% fibonacci retracement and 100% fibonacci extension where we could see a reversal below this...
Fractal analysis for major currency pairs on September 16https://forex-images.ifxdb.com/userfiles/20200916/appsimage_analytics5f61babff064b.jpg
According to the results, a strong upward movement for the euro/dollar pair is expected after the breakdown of 1.1918. The level of 1.1828 is a key support...
Elliott wave analysis of GBP/JPY for September 16, 2020https://forex-images.ifxdb.com/userfiles/20200916/appsimage_analytics5f61ab2715e18.jpg
GBP/JPY is building a base for the next impulsive rally higher. We continue to look for a break above minor resistance at 136.60 that confirms red wave iv/ has completed...