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Trend-following analysis (figure 1)
On Monday, the market may try to start moving down from the level of 1.3318 (Friday's daily candle close), targeting 1.3289 – the 14.6% retracement level (red dashed line). From this level, the instrument is likely to continue moving up towards 1.3339 – the upper fractal (red dashed line).
Figure 1 (daily chart)
Complex analysis
Indicator analysis – down
Fibonacci levels – down
Volume – down
Candlestick analysis – down
Trend-following analysis – up
Bollinger bands – down
Weekly chart – down
Conclusion
Today, from the level of 1.3318 (Friday's daily candle close), the price will attempt to start moving down towards 1.3289 – the 14.6% retracement level (red dashed line). From this level, the price will likely continue moving up towards 1.3339 – the upper fractal (red dashed line).
Alternative scenario. From the level of 1.3318 (Friday's daily candle close), the price will attempt to start moving down towards 1.3289 – the 14.6% retracement level (red dashed line). From this level, GBP/USD is likely to continue moving down towards 1.3259 – the 23.6% retracement level (red dashed line).
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
