GBP/NZD reversed from support zone
GBP/NZD reversed from support zone Next buy targets - 1…
GBP/USD looking to make a strong rebound
GBP/USD has been very bearish since start of the week and looks forward to reach a demand zone established by our Fibonacci projections. As it remains below the 50 SMA at H4 chart, Cable is poised to do another leg lower towards the 1.3213 level, at which lies the 200 SMA and 50% Fibo zone. Around that area, we can expect a rebound to take place towards the -23.6% Fibo level at 1.3863.
RSI indicator is in the oversold territory.
Felipe Erazo
Similar
EUR/NZD reversed from support zone
EUR/NZD reversed from support zone Next buy target - 1…
USD/JPY: bearish 'High Wave' pattern
We should keep an eye on the closest support at 111.90 as an intraday target...
Popular
EUR/USD: euro hung on Tenkan-Kijun
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141.30
GBP/JPY broke support level 141…
USD/CHF: bears saw a dragon
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…
Deposit with your local payment systems
