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Atirox.com Forex Broker - Daily Analysis - Support & Resistant

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AUD/USD: technical analysis 22.07.2019

AUDUSDH422072019-1024x576.png

Current trend

On 4-hour chart, the instrument shows a negative dynamic. The instrument is now testing the level of 0.70342, which coincided with the middle line of Bollinger Bands.If the current trend maintains, the next targets of sellers will be the level of 0.70190 (Murray [6/8]), where is a high chance of an upward rebound. If the “bulls” manage to raise the rate above the level of 0.70496 (Murray [7/8]), the correction can continue to the area of 0.70640-0.70801 (Murray [8/8]). The area of 0.70801 level seem a strong resistance that can prevent the instrument from growing, as the possibility of the reverse of the price is high there. Technical indicators mostly reflect the moderate maintenance of the current downward trend. MACD volumes are decreasing in the positive zone. Stochastic is in the oversold zone and is pointed downwards.

Support and resistance

Support levels: 0.70342, 0.70190, 0.70078.
Resistance levels: 0.70496, 0.70640, 0.70801.

Trading recommendations

Short positions can be opened below the level of 0.70342 with the target at around 0.70190 and stop-loss 0.70392.
Long positions can be opened above the level of 0.70496 with the target at around 0.70640 and stop-loss 0.70448.

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USD/JPY: technical analysis 22.07.2019

USDJPYH422072019-1024x576.png

Current trend

On 4-hour chart, the instrument shows a positive dynamic. The price went up above the middle line of Bollinger Bands (107.813) and can grow further to the levels of 108.107 and 108.203 (Murray [5/8]). There is a chance of an downward rebound from the level of 108.203, while its breakout would allow the raise to continue to the area of 108.365. The downward trend will be restored after the price is set below the level of 107.813 (Murray [4/8]), which is the middle line of Bollinger Bands. In this case, the next targets of sellers will be the level of 107.695, 107.554. Technical indicators mostly reflect the moderate maintenance of the current upward trend. MACD volumes are decreasing in the negative zone. Stochastic’s lines are pointed upwards and are reaching the overbought area. Bollinger Bands are converging on the background of bullish momentum.

Support and resistance

Support levels: 107.813, 107.695, 107.554.
Resistance levels: 108.107, 108.203, 108.365.

Trading recommendations

Short positions can be opened below the level of 107.813 with the target at around 107.695 and stop-loss 107.852.
Long positions can be opened above the level of 108.107 with the target at around 108.203 and stop-loss 107.075.

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GBP/USD: technical analysis 22.07.2019

GBPUSDH422072019-1024x576.png

Current trend

GBP/USD continues to consolidate in the side channel with the borders 1.24964-1.25131. The downward trend will be restored after the price is set below the level of 1.24817 (Murray [5/8]), which is the middle line of Bollinger Bands. In this case, the next targets of sellers will be the level of 1.24694-1.24512 (Murray [4/8]). If the “bulls” manage to raise the rate above the level of 1.25122 (Murray [6/8]), the correction can continue to the area of 1.25358-1.25427 (Murray [7/8]). Should prices continue raising above 1.25427 level, the mark of 1.25732 (Murray [8/8]) might try activating a downward rebound. The technical picture is mixed. Bollinger Bands are directed up. MACD volumes are decreasing in the positive zone. Stochastic’s lines are pointed upwards.

Support and resistance

Support levels: 1.24817, 1.24694, 1.24512.
Resistance levels: 1.25122, 1.25358, 1.25427

Trading recommendations

Short positions can be opened below the level of 1.24817 with the target at around 1.24694 and stop-loss 1.24858.
Long positions can be opened above the level of 1.25122 with the target at around 1.25358 and stop-loss 1.24886.

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USD/JPY: technical analysis 23.07.2019

USDJPYH423072019-1024x576.png

Current trend

On 4-hour chart, the instrument shows a positive dynamic. The price is approaching a strong resistance in the region of 108.203 (Murray [5/8]). Assuming the pair’s ability to cross 108.203 level, the mark of 108.368 and 108.594 (Murray [6/8]) can be targeted if holding long positions. If the sellers manage to decline the rate below the level of 107.979, the correction can continue to the area of 107.813 (Murray [4/8]), which coincided with the middle line of Bollinger Bands. Technical indicators maintain a buy signal. Bollinger Bands are diverging, reflecting the active development of the current upward trend. The volumes of MACD histogram are growing in the positive zone. Stochastic is in the overbought area and is pointed upwards.

Support and resistance

Support levels: 107.979, 107.813, 107.674.
Resistance levels: 108.203, 108.365, 108.594.

Trading recommendations

Short positions can be opened below the level of 107.979 with the target at around 107.813 and stop-loss 108.034.
Long positions can be opened above the level of 108.203 with the target at around 108.365 and stop-loss 108.149.

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XAU/USD: technical analysis 23.07.2019

XAUUSDH423072019-1024x576.png

Current trend

On 4-hour chart, the instrument shows a negative dynamic. The price is approaching a support in the region of 1414.06 (Murray [5/8]). Assuming the pair’s ability to cross 1414.06 level, the mark of 1410.57 can be targeted if holding short positions. Should prices continue slipping under 1410.57 mark, the level of 1406.25 might try activating a upward rebound. If the “bulls” manage to raise the rate above the level of 1421.88, the correction can continue to the area of 1427.00, which is the middle line of Bollinger Bands. One may speak about upward movement continuation after the price consolidates above the resistance level of 1429.69 (Murray [7/8]). In this case, the next targets of buyers will be the level of 1437.50 (Murray [8/8]). Technical indicators mostly maintain a sell signal. Bollinger Bands are diverging, reflecting the active development of the current downward trend. MACD volumes are decreasing in the positive zone. Stochastic is in the oversold zone and is pointed downwards.

Support and resistance

Support levels: 1414.06, 1410.57, 1406.25.
Resistance levels: 1421.88, 1427.00, 1429.69.

Trading recommendations

Short positions can be opened below the level of 1414.06 with the target at around 1410.57 and stop-loss 1415.06.
Long positions can be opened above the level of 1421.88 with the target at around 1427.00 and stop-loss 1419.88.

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NZD/USD: technical analysis 23.07.2019

NZDUSDH423072019-1024x576.png

Current trend

On the 4-hour chart, the instrument is falling along the lower line of the Bollinger Bands. The instrument is now testing the support level of 0.67278. If the current trend maintains, the next target of sellers will be the level of 0.67139 (Murray [4/8]), which seem a tough support. There is a high chance of an upward rebound, while its breakdown would allow the fall to continue to the area of 0.67000, 0.66833 (Murray [3/8]). Alternatively, pullback above the level of 0.67444 (Murray [5/8]) can accelerate the pair towards the level of 0.67603, which coincided with the middle line of Bollinger Bands. Technical indicators reflect the moderate maintenance of the current downward trend. MACD volumes are decreasing in the positive zone. Bollinger Bands are pointed sideways. Stochastic is in the overbought area and is pointed sideways.

Support and resistance

Support levels: 0.67278, 0.67139, 0.67000.
Resistance levels: 0.67444, 0.67603, 0.67749.

Trading recommendations

Long positions can be above the level of 0.67444 with the target at around 0.67603 and stop-loss 0.66390.
Short positions can be opened below the level of 0.67278 with the target at around 0.67139 and stop-loss 0.67324.

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USD/CHF: technical analysis 24.07.2019

USDCHFH424072019-1024x576.png

Current trend

On the 4-hour chart, the instrument is growing along the upper line of the Bollinger Bands. If the current trend maintains, the next targets of buyers will be the level of 0.98724 (Murray [3/8]). The level of 0.98724 can prevent the instrument form growing, as the possibility of the reverse of the price is high there. Meanwhile, pair’s sustained trading above this level will let the price to grow to the area of 0.98877 (Murray [4/8]), which seem a key level for the sellers in short term period. If the sellers manage to decline the rate below the level of 0.98572 (Murray [2/8]), the downward correction can continue to the area of 0.98419 (Murray [1/8]). Technical indicators maintain a buy signal. Bollinger Bands are diverging, reflecting the active development of the current upward trend. The volumes of MACD histogram are growing in the positive zone. Stochastic’s lines are pointed upwards and are reaching the overbought area.

Support and resistance

Support levels: 0.98572, 0.98419, 0.98267.
Resistance levels: 0.98724, 0.98877, 0.99030.

Trading recommendations

Long positions can be opened above the level of 0.98724 with the target at around 0.98877 and stop-loss 0.98673.
Short positions can be opened below the level of 0.98572 with the target at around 0.98419 and stop-loss 0.98623.

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USD/CAD: technical analysis 24.07.2019

USDCADH424072019-1024x576.png

Current trend

USD/CAD continues to consolidate in the side channel with the borders 1.31426-1.31284 after a significant raise over the past two days. In order to continue the downward movement, the pair should consolidate below the support level of 1.31226 (Murray [6/8]). In this case, the next targets of sellers will be the area of level of 1.30996, which corresponds to the middle line of Bollinger Bands. There is a chance of an upward rebound, while its breakdown would allow the fall to continue 1.30797-1.30615. The upward trend will be restored after the price is set above the level of 1.31531 (Murray [7/8]). In this case the buyers will aim for the 1.31632 – 1.31836 resistance zone. The technical picture is mixed. Bollinger Bands are pointed upwards. MACD volumes are decreasing in the positive zone. Stochastic is pointed sideways.

Support and resistance

Support levels: 1.31226, 1.31023, 1.30996.
Resistance levels: 1.31531, 1.31632, 1.31836.

Trading recommendations

Long positions can be opened above the level of 1.31531 with the target at around 1.31632 and stop-loss 1.31500.
Short positions can be opened below the level of 1.31226 with the target at around 1.31023 and stop-loss 1.31293.

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EUR/USD: technical analysis 24.07.2019

EURUSDH424072019-1024x576.png

Current trend

On the 4-hour chart, the instrument is falling along the lower line of the Bollinger Bands. The instrument is now testing the support level of 1.11389 (Murray [5/8]). Assuming the pair’s ability to cross 1.11389 level, the mark of 1.11156 and the 1.11084 (Murray [4/8]) can be targeted if holding short positions. The area of the 1.11084 level seem a strong support-zone, which can activate a upward rebound. If the instrument cannot consolidate below the level of 1.11156 during short term period, the correction to the area of the level of 1.11694 can develop. If the “bulls” manage to raise the rate above the level of 1.11694 (Murray [6/8]), the correction can continue to the area of 1.11844-1.12000 (Murray [7/8]). Technical indicators maintain a sell signal. Bollinger Bands are pointed downwards. MACD is actively growing in the negative zone. Stochastic is in the ovebought area and is pointed downwards.

Support and resistance

Support levels: 1.11389, 1.11156, 1.11084.
Resistance levels: 1.11694, 1.11844, 1.12000.

Trading recommendations

Short positions can be opened below the level of 1.11389 with the target at around 1.11156 and stop-loss 1.11466.
Long positions can be opened above the level of 1.11694 with the target at around 1.11844 and stop-loss 1.11644.

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AUD/USD: technical analysis 25.07.2019

AUDUSDH425072019-1024x576.png

Current trend

On the 4-hour chart, the instrument is falling along the lower line of the Bollinger Bands. The price is approaching a strong support in the region of 0.69580 (Murray [0/8]), which seem a key level for the sellers in short term period. There is a chance of an upward rebound, while its breakdown would allow the fall to continue to the area of 0.69427 (Murray [-1/8]) level. If the “bulls” manage to raise the rate above the level of 0.69885 (Murray [2/8]), the correction can continue to the area of 0.70038, which coincided with the middle line of Bollinger Bands. Technical indicators mostly reflect the moderate maintenance of the current downward trend. Bollinger Bands are pointed downwards. MACD histogram is in the negative zone keeping a signal for the opening of sell positions. Stochastic’s lines are pointed downwards and are reaching the oversold area.

Support and resistance

Support levels: 0.69580, 0.69427, 0.69275.
Resistance levels: 0.69733, 0.69885, 0.70038.

Trading recommendations

Short positions can be opened below the level of 0.69580 with the target at around 0.69427 and stop-loss 0.69631.
Long positions can be opened above the level of 0.69885 with the target at around 0.70038 and stop-loss 0.69834.

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USD/JPY: technical analysis 25.07.2019

USDJPYH425072019-1024x576.png

Current trend

On 4-hour chart, USD/JPY shows a moderate negative dynamic. The instrument is now testing the support level of 108.050, which coincided with the middle line of Bollinger Bands. Assuming the pair’s ability to cross 108.050 level, the mark of 107.926-107.819 (Murray [4/8]) can be targeted if holding sell positions. The upward trend will be restored after the price is set above the level of 108.282 (Murray [5/8]). In this case, the next targets of sellers will be the level of 108.398 (Murray [7/8]). This level seem a strong resistance, which can prevent the instrument from growing. Technical indicators reflect the moderate maintenance of the current downward trend. Bollinger Bands are slightly leaned downwards. MACD volumes are slowly decreasing in the positive zone. Stochastic is pointed downwards.

Support and resistance

Support levels: 108.050, 107.926, 107.819.
Resistance levels: 108.203, 108.282, 108.398.

Trading recommendations

Short positions can be opened below the level of 108.050 with the target at around 107.926 and stop-loss 108.090.
Long positions can be opened above the level of 108.282 with the target at around 108.398 and stop-loss 108.250.

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GBP/USD: technical analysis 25.07.2019

GBPUSDH425072019-1024x576.png

Current trend

The GBP/USD pair begins today’s trading with slight bearish bias due to downward correction. The price is approaching a strong support in the region of 1.24748, which corresponds to the middle line of Bollinger Bands. There is a chance of an upward rebound, while its breakdown would accelerate the pair towards the 1.24512 support level (Murray [4/8]). If the “bulls” manage to raise the rate above the level of 1.24862, the upward mevement can continue to the area of 1.25122 (Murray [6/8]). Meanwhile, the area of 1.25217 level can prevent the instrument from growing, as the possibility of the reverse of the price is high there. The technical picture is mixed. Bollinger Bands are pointed sideways. Stochastic is pointed downwards. MACD histogram is ready to enter the positive zone and form a buy signal.

Support and resistance

Support levels: 1.24748, 1.24512, 1.24315.
Resistance levels: 1.24862, 1.25122, 1.25217.

Trading recommendations

Short positions can be opened below the level of 1.24748 with the target at around 1.24512 and stop-loss 1.24826.
Long positions can be opened above the level of 1.24862 with the target at around 1.25122 and stop-loss 1.24775.

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AUD/USD: technical analysis 26.07.2019

AUD/USD: technical analysis 26.07.2019

AUDUSDH426072019-1024x576.png

Current trend

On the 4-hour chart, the instrument is faliing along the lower line of the Bollinger Bands. The instrument is now testing the level of 0.69427 (Murray [-1/8]). Assuming the pair’s ability to cross 0.69427 level, the mark of 0.69275 (Murray [-2/8]) can be targeted if holding sell positions. If AUD/USD cannot consolidate below the level of 0.69427 during short term period, the upward correction and retest of the level 0.69580 (Murray [0/8]) are possible. Additionally, pair’s sustained trading above the 0.69580 level could set the mark of 0.69733 as next buyers’ target. Technical indicators reflect the moderate maintenance of the current downward trend. Bollinger Bands are pointed downwards. MACD histogram is in the negative zone keeping a signal for the opening of sell positions. Stochastic is in the oversold zone and is pointed downwards.

Support and resistance

Support levels: 0.69427, 0.69275, 0.69090.
Resistance levels: 0.69580, 0.69733, 0.69885.

Trading recommendations

Short positions can be opened below the level of 0.69427 with the target at around 0.69275 and stop-loss 0.69477.
Long positions can be opened above the level of 0.69580 with the target at around 0.69733 and stop-loss 0.69529.

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XAU/USD: technical analysis 26.07.2019

XAUUSDH426072019-1024x576.png

Current trend

XAU/USD quotes attempted to grow, but reaching 1417.78 mark moved back to a downward movement. If the sellers manage to decline the rate below the level of 1414.06 (Murray [5/8]), the next targets of sellers will be the level of 1411.00, 1406.25 (Murray [4/8]). The upward trend will be restored after the price is set above the level of 1421.88 (Murray [6/8]), which is the middle line of Bollinger Bands. In this case the buyers wil aim for the 1426.06-1429.69 (Murray [7/8]) resistance-zone. As we can see on 4-hour chart, the area of 1429.69-1433.73 can prevent the instrument form growing, as the possibility of the reverse of the price is high there. Technical indicators mostly keep a sell signal, but the upward correction is possible in the short term. Bollinger Bands are pointed downwards. The volumes of MACD histogram are growing in the negative zone. Stochastic has left the oversold area and is pointed upwards, reflecting the high possibility of the upward movement formation.

Support and resistance

Support levels: 1414.06, 1411.00, 1406.25.
Resistance levels: 1421.88, 1426.06, 1429.69

Trading recommendations

Short positions can be opened below the level of 1414.06 with the target at around 1411.00 and stop-loss 1415.06.
Long positions can be opened above the level of 1421.88 with the target at around 1426.0 and stop-loss 1420.30.

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NZD/USD: technical analysis 26.07.2019

NZDUSDH426072019-1024x576.png

Current trend

On 4-hour chart, the instrument is falling down along the lower line of the Bollinger Bands. Now the pair is testing the support level 0.66528 (Murray [0/8]). The level of 0.66528 seem a strong support as break of which can diver market to 0.66376 (Murray [-1/8]) support zone. Should prices continue slipping under 0.66376 mark, the level of 0.66223 (Murray [-2/8]) might try activating a upward rebound. Alternatively, pullback and pair’s sustained trading above the level 0.66681 (Murray [1/8]) will let the price to grow to the area of 0.66833 (Murray [2/8]). Technical indicators reflect the moderate maintenance of the current downward trend. Bollinger Bands and Stochastic are pointed downwards. MACD histogram is in the negative zone keeping a signal for the opening of sell positions.

Support and resistance

Support levels: 0.66528, 0.66376, 0.66223.
Resistance levels: 0.66681, 0.66833, 0.66986.

Trading recommendations

Short positions can be opened below the level of 0.66528 with the target at around 0.66376 and stop-loss 0.66578.
Long positions can be opened above the level of 0.66681 with the target at around 0.66833 and stop-loss 0.66630.

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USD/CHF: technical analysis 29.07.2019

USDCHFH429072019-1024x576.png

Current trend

USD/CHF is in the stage of downward correction after raising to the level of 0.99487, but the general upward trend is still maintained. The breakout of the level 0.99335 can accelerate the pair towards 0.99487 (Murray [8/8]). The level of 0.99487 seem a strong resistance level that can prevent the instrument form growing, as the possibility of the reverse of the price is high there. In case the pair manage to cross this level, the next targets of buyers will be the level of 0.99640 (Murray [+1/8]). If the sellers manage to decline the rate below the level of 0.99182 level, the correction can continue to the area of 0.99030 (Murray [5/8]) level. Technical indicators mostly keep a buy signal, but the downward correction is possible in the short term. Bollinger Bands are pointed upwards. The volumes of MACD histogram are growing in the positive zone. Stochastic’s lines are pointed downwards,reflecting the high possibility of the downward movement formation.

Support and resistance

Support levels: 0.99182, 0.99030, 0.98877.
Resistance levels: 0.99335, 0.99487, 0.99640.

Trading recommendations

Long positions can be opened above the level of 0.99335 with the target at around 0.99487 and stop-loss 0.99284.
Short positions can be opened below the level of 0.99182 with the target at around 0.99030 and stop-loss 0.99232.

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USD/CAD: technical analysis 29.07.2019

USDCADH429072019-1024x576.png

Current trend

The USD/CAD pair begins today’s trading with slight bullish bias in the background of upward correction. If the current trend maintains, the next targets of buyers will be the level of 1.31836 (Murray [8/8]), that can prevent the instrument form growing, as the possibility of the reverse of the price is high there. The upward trend will continue after the price is set above the resistance level of 1.31987. In this case the price may aim for the 1.32141 (Murray [+1/8]) resistance-zone. Alternative scenario. Pullback and pair’s sustained trading below the middle line of Bollinger Bands (1.31531) will let USD/CAD fall to the area of 1.31325 – 1.31226 (Murray [6/8]). The technical picture is mixed. Bollinger Bands are pointed upwards. MACD volumes are decreasing in the positive zone. Stochastic’s lines are pointed upwards.

Support and resistance

Support levels: 1.31531, 1.31325, 1.31226
Resistance levels: 1.31836, 1.31987, 1.32141.

Trading recommendations

Long positions can be opened above the level of 1.31987 with the target at around 1.32141 and stop-loss 1.31935.
Short positions can be opened below the level of 1.31531 with the target at around 1.31325 and stop-loss 1.31599.

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EUR/USD: technical analysis 29.07.2019

EURUSDH429072019-1024x576.png

Current trend

On the 4-hour chart, EUR/USD is trading below the middle line of Bollinger Bands, suggesting bearish momentum. In order to continue the downward movement EUR/USD should cross the 1.11254 support level. In this case, the next targets of sellers will be the level of 1.11084 (Murray [4/8]), which seem a key level for the sellers in short term period. There is a high chance of an upward rebound, while its breakdown would allow the fall to continue. If the “bulls” manage to raise the rate above the level of 1.11389 (middle line of Bollinger Bands) the correction can continue to the area of 1.11540, that holds the gate for its rise to 1.11694 (Murray [6/8]) resistance line. The technical picture is mixed. Bollinger Bands are pointed sideways. MACD volumes are decreasing in the negative zone. Stochastic’s lines are pointed upwards.

Support and resistance

Support levels: 1.11254, 1.11084, 1.10779.
Resistance levels: 1.11389, 1.11540, 1.11694.

Trading recommendations

Short positions can be opened below the level of 1.11254 with the target at around 1.11084 and stop-loss 1.11310.
Long positions can be opened above the level of 1.11389 with the target at around 1.11540 and stop-loss 1.11338.

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AUD/USD: technical analysis 30.07.2019

AUDUSDH430072019-1024x576.png

Current trend

AUD/USD pair continues to consolidate in the side channel after a significant decline over the past week. The price is now testing the support level of 0.68970 (Murray [2/8]). The downward trend will be restored after the price is set below this level. In this case, the next targets of sellers will be the level of 0.68833-0.68665. If the price cannot consolidate below the level of 0.68970 during short term period, the price can reverse and retest the resistance level of 0.69275 (Murray [3/8]), which corresponds to the middle line of Bollinger Bands. The breakout and pair’s sustained trading above the level 0.69275 will let the price grow to the area of 0.69448-0.69580 (Murray [4/8]). The technical picture is mixed. Bollinger Bands are pointed downwards. The volumes of MACD histogram are decreasing in the negative zone. Stochastic’s lines are pointed sideways.

Support and resistance

Support levels: 0.68970, 0.68665, 0.68359.
Resistance levels: 0.69100, 0.69275, 0.69448.

Trading recommendations

Short positions can be opened below the level of 0.68970 with the target at around 0.68833 and stop-loss 0.69015.
Long positions can be opened above the level of 0.69275 with the target at around 0.69448 and stop-loss 0.69217.

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USD/JPY: technical analysis 30.07.2019

USDJPYH430072019-1024x576.png

Current trend

The USD/JPY pair begins today’s trading with slight bearish bias on the background of downward correction. The instrument is now testing the support level of 108.594 (Murray [8/8]), which coincided with the middle line of Bollinger Bands. There is a chance of an upward rebound, while its breakdown would allow the fall to continue to the area of 108.398 (Murray [7/8]). If the “bulls” manage to raise the rate above the level of 108.789 (Murray [+1/8]), the correction can continue to the area of 108.984 (Murray [+2/8]). The level of 108.984 seem tough resistance which can activete the downward rebound. Assuming the pair’s ability to cross 108.984 mark, the level of 109.460 can be targeted if holding long positions. Technical indicators mostly reflect the moderate maintenance of the current downward trend. MACD volumes are decreasing in the positive zone. Stochastic is pointed downwards. Bollinger Bands are converging on the background of bearish momentum.

Support and resistance

Support levels: 108.594, 108.398, 108.200.
Resistance levels: 108.789, 108.984, 109.460.

Trading recommendations

Long positions can be opened above the level of 108.789 with the target at around 108.984 and stop-loss 108.724.
Short positions can be opened below the level of 108.594 with the target at around 108.398 and stop-loss 108.659.

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      The cTrader IC Markets platform gives you approach deep liquidity in 64 currency pairs plus 16 major equity indices. Active traders throughout the world value trade in the ECN environment, combined with surpassing cTrader functionality and streaming prices from several global banks, giving you the best trading solutions.

      Very Low Spread

      IC Markets recommends several tight spreads from all Foreign exchange brokers globally. Spreads on EUR / USD can often be seen at 0.0 pips during European and North American trading sessions. The average spread on EUR / USD is 0.1 pip 24/5. This is currently the most stringent EUR / USD average spread from any broker globally.

      No Restrictions on Trading - Scalping Allowed

      CTrader IC Markets Platform has no restrictions on trading. We have some of the best trading conditions for scalping and high-frequency trading globally, allowing traders to place an order between spreads because there is no minimum order distance and a freezing level of 0. This means orders including stop-loss orders can be placed as close to the market price you want. Traders can also hedge positions because there is no first exit rule (FIFO) with IC Markets.

      Price Level II - Market Depth

      CTrader market depth shows the full range of executable prices that come directly from liquidity providers. Orders are fulfilled for full order books using Volume Weighted Average Price (VWAP). The cTrader platform offers transparent liquidity for each currency pair by showing the available volume for each price level at a certain time. High liquidity, spot prices are out of sync, and low latency guarantees the tightest spread possible.

      About IC Markets

      IC Markets is the only Forex True ECN broker in the world that provides trading solutions for active traders and brokers, as well as traders who are new to the Forex market. IC Markets offers its clients the leading trading platform, low latency connectivity, and superior liquidity, latest market news, accurate signals etc. IC Markets revolutionizes online Forex trading online traders can now gain access to prices and liquidity that were previously only available to investment banks and high net worth individuals.

      For more information: https://www.topasiafx.com/best-forex-broker/ic-markets

      So, my trader fellows, read the process of choosing a trustable, reputable and almost best broker platform to start trading for the modern days: https://www.topasiafx.com/blogs/15-best-choosing-ways-of-a-trusted-forex-broker

      Media Contact:

      -International Capital Markets Pty Ltd

      -Level 6 309 Kent Street

      -Sydney NSW, 2000 AUSTRALIA

      Email: info@icmarkets.com

      Global Phone Numbers

      General: +61 (0)2 8014 4280

      Fax: +61 (0)2 8072 2120
    • By fxfarmerashik
      At present, Forex or foreign exchange market is the largest online trading market. Now, people are getting vastly attracted to the Forex market and choosing it as a passive profession. 
      It's human NATURE to be attracted to the best.
      In many ways, it is easy to see the attraction of the Forex market and currency trading for beginners. After all, an estimated $ 5.3 trillion traded on foreign exchanges every day, while the currency is a derivative that allows traders to profit even in market depreciation.
      Before Your join Forex trading, KEEP This In Mind… 
      The nature of Forex trading on margin means that there is the potential to lose a lot more than your initial deposit, while market volatility also creates a significant price shift in a relatively short space.
      By adhering to the dos and don'ts of Forex trading, however, you can start as a Forex trader while optimizing long-term chances of success. So, let's dive right in-
      Here are the deets…
      Do Understanding the Importance of Determinism
      The peaks and troughs of Forex trading can have a significant impact on traders, who may remain at the mercy of decisions emotive without experience or curiosity determinism. The latter allows you to understand the underlying laws governing the changes in the Forex market and make more rational decisions, particularly in relation to long-term trading.
      Do Follow a Trading Plan
      If you are going to succeed as a Forex trader, you must have a clear plan and strategy that allows you to thrive in real-time market conditions.
      And that's something you should DEFINITELY be doing.
      Many of these can be formulated as you continue to learn about the Forex market, while the use of a demo account through trading platforms like FP Markets allows you to apply this practically in a simulated environment and risk-free.
      Do Manage Your Expectations
      We touched earlier on the subject of emotive trading, which can also have an impact on you as an investor expectation. More specifically, the results of a large and successful trade can create an unrealistic perception of the market, and it is important to remember the loss that failed and command both are part and parcel of any trading experience. This is why you should always risk management measures such as stop-loss to protect your capital in the worst-case scenario.
      Do not listen to rumors
      Make no mistake; the Forex market is one of the most-watched and studied in the world, and in the era of social media it is not uncommon for a variety of rumors out during the trading day. You should try not to listen too closely to speculation that because it is much better to use news sources reliable and verified information wherever possible.
      Do not be greedy
      While greed may be a small factor in your decision to trade currencies, you do not have to let it be your master. The reason for this is simple; the excess of greed can weaken your patience and cause you to become an undisciplined investor who makes decisions based on the return potential than the survival of the trade.
      Don't take revenge on trading
      The term 'revenge trading' refers to the emotional reaction to the loss, as you can see for this chase and recover your lost capital. While it's natural to want to close you're lost as much capital as possible, it is always important to remain in the 'now' trade and execute orders based on the merit of each.
      And always remember do not rely on some unfaithful or unqualified sources for analysis and signal sort of things. Always try to use the accurate Forex trading signals because they'll help you gain profits.
      In the end, Forex trading has some certain risks but if you follow the right steps and regulation then one day you may succeed in Forex. 
      And I really hope these steps which I've highlighted in this article will be benefited to many newbies and if you've any topic in mind that you want me to cover for you then please let me know.
    • By fxfarmerashik
      The value of different currencies around the world depend on political events, economic and global social and fluctuates regularly.
      This allows traders engaged fluctuations in foreign exchange or Forex to earn money by basing the sale or purchase of currency on speculation the future value of a particular currency.
      Today the Forex market is worth more than $ 6 trillion and the largest financial market in the world.
      The global Forex market is important for the sustainability of international trade relations, import and export, and the global economic framework and provides a livelihood for thousands of Forex traders around the world.
      Read on to learn more about -
      - Forex trading strategy
      - The benefits of Forex trading
      - 5 best strategies for 19-20
      First of all, what is Forex trading?
      Forex trading is the basis for all international transactions and exceeded the volume of futures or stock market trading.
      The purpose of Forex trading is to exchange one currency for another in the faith that the value of the currency received will increase in the future.
      What are the different Forex trading strategies?
      Forex traders use many strategies and methods of analysis to determine the best time to buy and sell currencies. Here are the most important strategies involved in Forex trading.
      Fundamental Analysis: Fundamental analysis looks at the integral indicator of the economy to understand if the currency is likely to be undervalued or overvalued in the future. This method can be a little daunting because it involves a lot of data elements of a country's economy.
      This method also analyzes currency inflows and outflows in addition to economic news releases in the country.
      Technical Analysis: Many traders favor this strategy as it gives a decent insight into the predictive value of the currency. It involves reviewing past behavior and recently to predict the value of the currency in the future.
      Technical analysis involves a long list checklist for detecting small fluctuations in currency trends. It provides merchants with a visual and scientific basis to determine when to buy and sell currencies.
      Trade Trends: This method involves identifying a trend of increase or decrease in the price movement of the currency. Using these trends to determine the best time to buy and sell currencies based on the strength of a trend.
      This method involves a variety of factors such as the moving average, the value of the currency now and the relative strength indicator to calculate trends.
      Swing Trading: This strategy looks to set up shop during the 'swing' trading-day period. This period is when the market registers the maximum activity. This strategy reduces the false price movements observed during the lean period.
      Breakout Trade: Trade Breakout identifies the entry point of various trades before trading. If the price of the currency broke out of its range, traders can assume that the trend will continue. Similarly, if the price falls below the range, traders will know better than to sell the currency.
      Why do you have to learn Forex trading?
      Here are the main reasons that should convince you to invest the time and money to pursue a course in Forex trading.
      It can serve as an additional income: Trading in foreign exchange can help you supplement your income from a steady job, which can ease your financial situation. However, it is important to note that it takes to build skills and intuition in the subject.
      It is less dependent on the labor market: It serves as a perfect source of income because they do not get a lot of the work rate or downsizing in the companies affected.
      You can choose the timing of your work: Unlike the stock market which is open for only six hours a day, the Forex market is open 24 hours for 5 days a week trading. This gives you the flexibility to choose your work schedule.
      It involves lower transaction costs: Due to less number of intermediaries in the business, Forex trading has significantly less transaction costs unlike other types of trading. This will reduce your expenses and increase your profit margins.
      You can work anywhere: You can access the Forex market from every part of the world as long as you have a computer and an internet connection to work. These days, it is even possible to trade when you travel with the help of a smartphone.
      While all of the strategies involved in Forex trading, it takes time and technical expertise to know which one will be used at certain times. Pursuing a short course on Forex trading can help you become an experienced trader or you can use some help from the expert traders such as using their signals. They are both professional and experienced as a result, they can provide you with the best Forex signals. It'll DEFINITELY improve your trading skills.  
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