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EUR/USD: technical analysis 04.02.2019

Current trend

On 4-hour chart, EUR/USD price is trading below the middle line of Bollinger Bands
and is testing the support level of 1.1444 (Murray [7/8]). The downward trend maintains, which the technical indicators confirm. MACD volumes are decreasing in the positive zone.
Stochastics' lines are pointed downwards and are reaching the oversold area. Bollinger Bands are slightly leaned downwards, reflecting the moderate developing of the downward trend.
The breakout and consolidation of the price below the level of 1.1444 will let EUR/USD reach the level of 1.1413 (Murray [6/8])-1.1383 (Murray [5/8]).
If the price is set above the level of 1.1474 (Murray [8/8]), the upward trend can restore.
In this case the next targets of buyers will be the levels of 1.1505 (Murray [+1/8])- 1.1535 (Murray [+2/8]).
[IMG] 
Support and resistance

Support levels: 1.1444, 1.1413, 1.1383.

Resistance levels: 1.1474, 1.1505, 1.1535.

Trading recommendations

Short positions can be opened below the level of 1.1444 with the target at around 1.1413 - 1.1383 and stop-loss 1.1460.
Long positions can be opened above the level of 1.1474 with the target at around 1.1505-1.1535 and stop-loss 1.1450.

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GBP/USD: technical analysis 04.02.2019
 
Current trend
 
On 4-hour chart, GBP/USD pair is consolidating around the area of 1.3061 level.
Technical indicators mostly keep a sideway signal. Bollinger Bands and Stochastic’s lines are pointed sideways. MACD volumes are in the negative zone and are moving along the zero line. A significant decrease is possible after the breakout of the level 1.3044. In this case the downward movement can develop to the levels of 1.3000 (Murray [5/8]), 1.2939 (Murray [4/8])- strong support level. There is a high probability of a course reversal from the level of 1.2939.  
The upward trend will be restored after the price is set above the level of 1.3183, 
which is the strong resistance level. In this case, the next targets of " bulls" will be the level of 1.3244 (Murray [+1/8])- 1.3305 (Murray [+2/8]).
[IMG] 
Support and resistance
 
Support levels: 1.3061, 1.3000, 1.2939, 1.2878.
Resistance levels: 1.3122, 1.3183, 1.3244, 1.3305.
 
Trading recommendations
 
Short positions can be opened below the level of 1.3044 with the target at around 1.3000-1.2939 and stop-loss 1.3075. 
Long positions can be opened above the level of 1.3183 with the target at around 1.3244-1.3305 and stop-loss 1.3150.

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USD/JPY: technical analysis 04.02.2019
 
Current trend
 
On the 4-hour chart, the USD/JPY is growing along the upper line of the Bollinger Bands. The lack of long-term corrections reflects the strength of the current trend. At the moment the price has met the resistance at the level of 109.76 (Murray [6/8]). The breakout of this level will let the price to grow to the area of 109.96 (Murray [7/8])-110.15 (Murray [8/8]), where is a chance of a downward rebound, while its breakout would allow the growth to continue.
 
Technical indicators reflect the maintenance of the upward dynamics. Bollinger Bands are diverging, reflecting the active development of the current trend. The volumes of MACD histogram are growing in the positive zone. Stochastics' lines are pointed upwards.
[IMG] 
Support and resistance
 
Support levels: 109.57, 109.37, 109.18, 108.98.
Resistance levels: 109.76, 109.96, 110.15, 110.35
 
Trading recommendations
 
Long positions can be opened above the level of 109.76 with the target at around 109.96-110.35 and stop-loss 109.60.
 
Short positions can be opened below the level of 109.57 with the target at around 109.37-108.98 and stop-loss 109.75
 

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USD/JPY: technical analysis 07.02.2019

 

Current trend

USD against the Japanese yen continues to consolidate in the side channel after a significant raise over the last week. Now the price is trading above 109.87 mark, which is the middle line of Bollinger Bands.
The technical picture is mixed. Bollinger Bands are pointed sideways, reflecting the relative calmness of the markets and sideways movement of the price. MACD is slowly growing in the positive zone. Stochastics lines are pointed downwards.

If the buyers manage to raise the rate above the level of 110.15 (Murray [6/8]) , the raise can continue to the area of 110.54 (Murray [7/8]), 110.93 (Murray [8/8]). The downward movement will be restored after the price is set below the level of 109.76. In this case, the next targets of sellers will be the level of 109.37 (Murray [4/8]).

Support and resistance

Support levels: 109.76, 109.37, 108,98.

Resistance levels: 110.15, 110.54, 110.93.

Trading recommendations

Long positions can be opened above the level of 110.15 with the target at around 110.54-110.93 and stop-loss 109.90.

Short positions can be opened below the level of 109.76 with the target at around 109.27-108.98 and stop-loss 110.00.USDJPYH407022019-1024x576.png

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GBP/USD: technical analysis 07.02.2019

GBPUSDH407022019-1024x576.png

Current trend

On 4-hour chart, GBP/USD is moderately falling due to low trading activity. The pair approached the key support 1.2939 yesterday. Breaking of the level 1.2939 will open GBP/USD path to 1.2908-1.2878 support zone. Pair’s sustained trading below 1.2878 mark could set 1.2829 level as next sellers target.
If the “bulls” manage to raise the rate above the level of 1.2970, the correction can continue to 1.3000-1.3033 resistance zone.
Technical indicators maintain a sell signal. Bollinger Bands are leaned downwards. MACD growing in negative zone. Stochastic lines are pointed sideways and are reaching the oversold area.

Support and resistance

Support levels: 1.2939, 1.2908, 1.2878, 1.2829.
Resistance levels: 1.2970, 1.3000, 1.3033, 1.3061.

Trading recommendations

Short positions can be opened below the level of 1.2939 with the target at around 1.2908-1.2878 and stop-loss 1.2960.

Long positions can be opened above the level of 1.2970 with the target at around 1.3000-1.3300 and stop-loss 1.2950.

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AUD/USD: technical analysis 07.02.2019

AUDUSDH407022019-1024x576.png

Current trend

AUD/USD is trading in a bear trend. If the current trend maintains, the breakdown and consolidation of the price below the level of 0.7110 (Murray [1/8]) will let USD/JPY reach the next strong support level 0.7080 (Murray [0/8]). Meanwhile, oversold Stochastic and support zone 0.7049-0.7019 could stop the pair’s downside.

Technical indicators mostly reflect the moderate maintenance of the current downward trend.
MACD histogram is in the negative zone keeping a signal for the opening of sell positions. Bollinger Bands are leaned downwards. Stochastic lines are reaching the oversold area and are pointed sideways.

Support and resistance

Support levels: 0.7110, 0.7080, 0.7049, 0.7019.
Resistance levels: 0.7141, 0.7171, 0,7202, 0,7232.

Trading recommendations

Short positions can be opened below the level of 0.7110 with the target at around 0.7080-0.7049 and stop-loss 0.7070.

Long positions can be opened above the level of 0.7141 with the target at around 0.7171-0.7202 and stop-loss 0.7120

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USD/CHF: technical analysis 08.02.2019

USDCHFH408022019-1024x576.png

Current trend

USDCHF bounced off the 1.0000 support level but is yet to cross the 1.0025 resistance
that impedes growth to 1.0040 resistance level. Technical indicators reflect the relative calmness of the markets and sideways movement of the price. Bollinger Bands and Stochastic are pointed sideways. MACD volumes are slightly decreasing in the positive zone.
The upward trend will be restored after the price is set above the level of 1.0040.
In this case, the price may aim for the 1.0086 resistance-zone.

Breaking 1.0000 level and holding below it will push the price back to 0.9994-0.9964 support-zone.

Support and resistance

Support levels: 1.0009, 0.9994, 0.9964, 0.9948.

Resistance levels: 1.0025, 1.0040, 1.0060, 1.0086.

Trading recommendations

Long positions can be opened above the level of 1.0025 with the target at around 1.0040-1.0086 and stop-loss 1.0005.

Short positions can be opened below the level of 1.0009 with the target at around 0.9964-0.9948 and stop-loss 1.0030.

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USD/CAD: technical analysis 08.02.2019

USDCADH408082019-1024x576.png

Current trend

On 4-hour chart, USD/CAD is growing along the upper line of the Bollinger Bands.
The lack of long-term corrections reflects the strength of the current trend.
The breaking 1.3305 (Murray [2/8]) mark and holding above it will push the price to 1.3366 (Murray [3/8]).
Technical indicators mostly keep a buy signal. Bollinger Bands are directed up. MACD is active growing in the positive zone. However, as the Stochastic is in the overbought area,
and the price has broken the upper border of Bollinger Bands, the downward correction is not excluded.
One may speak about downward correction after the price consolidates below the support level of 1.3244 (Murray [1/8]). In this case, the main target of the correction will be the level of 1.1383 (Murray [0/8]), which corresponds to the middle line of Bollinger Bands.

Support and resistance

Support levels: 1.3244, 1.3183, 1.3122, 1.3061.

Resistance levels: 1.3305, 1.3367, 1.3427, 1.3488.

Trading recommendations

Long positions can be opened above the level of 1.3305 with the target at around 1.3366 and stop-loss 1.3385.

Short positions can be opened below the level of 1.3244 with the target at around 1.3183 and stop-loss 1.3260.

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EUR/USD: technical analysis 08.02.2019

EURUSDH408022019-1024x576.png

Current trend

On 4-hour chart, EUR/USD price is correcting up after the fall to the level of 1.1322. The instrument is now testing a strong resistance level of 1.1352.(Murray [4/8]. Breakout of the 1.1352 level will let the price to grow to the area of 1.1383, which coincided with the middle line of Bollinger Bands.
If EUR/USD cannot consolidate above the level of 1.1352, the downward trend restoration and retest of the level 1.1322 (Murray [3/8]), 1.1291 (Murray [0/8]) are possible.
Technical indicators mostly keep a sell signal, but the upward correction is possible in the short term. Bollinger Bands are leaned downwards, reflecting the moderate developing of the downward trend. MACD histogram is in the negative zone. Stochastic has left the oversold zone and is pointed upwards, reflecting the high possibility of the upward movement formation.

Support and resistance

Support levels: 1.1322, 1.1291, 1.1261, 1.1230.

Resistance levels: 1.1352, 1.1383, 1.1413, 1.1441.

Trading recommendations

Short positions can be opened below the level of 1.1322 with the target at around 1.1291-1.1261 and stop-loss 1.1342.

Long positions can be opened above the level of 1.1352 with the target at around 1.1383-1.1413 and stop-loss 1.1330.

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EUR/USD: technical analysis 11.02.2019

EURUSDH411022019-1024x576.png

Current trend

On 4-hour chart, EUR/USD is trading in a bear trend. The instrument is now testing the level of 1.1322 (Murray [3/8]). Breakdown of the level 1.1322 will let EUR/USD fall to the level of 1.1291 (Murray [2/8]), 1.1230 (Murray [0/8]). A significant decrease is possible after the breakout of the level 1.1230. In this case the pair may aim for the 1.1200-1.1170 support-zone. If the “bulls” manage to raise the rate above the level of 1.1352, the growths can continue to the area of 1.1383 (Murray [5/8]), 1.1413 (Murray [6/8]).
Technical indicators mostly keep a sell signal, but the upward correction is possible in the short term.
Bollinger Bands are leaned downwards.
MACD is slowly growing in the negative zone.
Meanwhile, stochastic has left the oversold area and is pointed upwards, reflecting the high possibility of the upward movement formation.

Support and resistance

Support levels: 1.1322, 1.1291, 1.1261, 1.1230.

Resistance levels: 1.1352, 1.1383, 1.1413, 1.1444.

Trading recommendations

Short positions can be opened below the level of 1.1322 with the target at around 1.1291-1.1261 and stop-loss 1.1340.

Long positions can be opened above the level of 1.1352 with the target at around 1.1383-1.1413 and stop-loss 1.1330.

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NZD/USD: technical analysis 11.02.2019

NZDUSDH411022019-1024x576.png

Current trend

NZD/USD is in the stage of upward correction after falling to the level of 0.6728, but is yet to cross the 0.6774, which coincided with the middle line of Bollinger Bands. On the H4 chart, the pair is still trading in a bear trend. Pullbacks below 0.6713 (Murray [0/8]) will let the price fall to the area of 0.6683 (Murray [-1/8])-0.6652 (Murray [-2/8]).
The upward trend will be restored after the price is set above the level of 0.6774 (Murray [2/8]). In this case, the next targets of buyers will be the area of 0.6805 (Murray [3/8]) – 0.6835 (Murray [4/8]). Technical indicators mostly reflect the moderate maintenance of the current downward trend. Bollinger Bands and Stochastic are slightly leaned downwards. MACD histogram is in the negative zone keeping a signal for the opening of sell positions.

Support and resistance

Support levels: 0.6744, 0.6713, 0.6683, 0.6652.

Resistance levels: 0.6774, 0.6805, 0.6835, 0.6866.

Trading recommendations

Short positions can be opened below the level of 0.6713 with the target at around 0.6683-0.6652 and stop-loss 0.6730.

Long positions can be opened above the level of 0.6774 with the target at around 0.6805-0.6835 and stop-loss 0.6755.

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XAU/USD: technical analysis 11.02.2019

XAUUSDH411022019-1024x576.png

Current trend

On 4-hour chart, XAU/USD is correcting down from the 1315.58 mark. The instrument is now testing the level of 1310.00, which coincided with the middle line of Bollinger Bands.
The breakdown of the level 1310.00 will let XAU/USD fall to the lower border of Bollinger Bands 1304.68 (Murray [7/8]). There is a chance of an upward rebound here, while its breakdown would allow the fall to continue. Alternatively, breakout of 1320.31 (Murray [+1/8]) mark can accelerate XAU/USD towards 1328.13 (Murray [+2/8]) area.
Technical indicators reflect the relative calmness of the markets and sideways movement of the price.
Bollinger Bands are pointed sideways.
MACD volumes are in the positive zone and are moving along the zero line.
Meanwhile, Stochastic has left the overbought area and is pointed downwards,
reflecting the high possibility of the downward movement formation.

Support and resistance

Support levels: 1310.00, 1304.68, 1296.87.

Resistance levels: 1312.50, 1320.31, 1328.12.

Trading recommendations

Short positions can be opened below the level of 1310.00 with the target at around 1304.68 and stop-loss 1312.00.

Long positions can be opened above the level of 1312.50 with the target at around 1320.31 and stop-loss 1310.00.

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AUD/USD: technical analysis 12.02.2019

AUDUSDH412022019-1024x576.png

Current trend

AUD/USD is trading in a bear trend. Now the price is consolidating below a strong resistance near 0.7080 (Murray [0/8]). The downward trend will be restored after the price is set below the level of 0.7049 (Murray [-1/8]). In this case, the next targets of sellers will be the level of 0.7019 (Murray [-2/8]). There is a high chance of an upward rebound here, while its breakdown would allow the fall to continue. Alternatively, breakout of 0.7080 (middle line of Bollinger Bands) can accelerate the pair towards 0.7110 (Murray [1/8]) – 0.7141 (Murray [2/8]) resistance area.
According to technical indicators, the price can grow within the correction.
MACD volumes are decreasing in negative zone. Stochastics’ lines are pointed upwards.
Bollinger Bands are pointed sideways, reflecting the relative calmness of the markets.

Support and resistance

Support levels: 0.7049, 0.7019, 0.6990.

Resistance levels: 0.7080, 0.7110, 0.7141.

Trading recommendations

Long positions can be opened above the level of 0.7080 with the target at around 0.7110-0.7141 and stop-loss 0.7060.

Short positions can be opened below the level of 0.7049 with the target at around 0.7019-0.6990 and stop-loss 0.7066.

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GBP/USD: technical analysis 12.02.2019

GBPUSDH4-12022019-1024x576.png

Current trend

On 4-hour chart, the instrument is correcting up from the lower line of the Bollinger Bands (1.2846), but the bearish trend still maintains. If the “bulls” manage to raise the rate above the level of 1.2878 (Murray [3/8]), the correction can continue to the area of 1.2920 – 1.2939, which coincided the middle line of Bollinger Bands. Failure to conquer the 1.2878 mark seems fetching the GBP/USD to 1.2817 (Murray [2/8]) support level, but its further downside might be confined by the 1.2756 (Murray [1/8])-1.2695 (Murray [0/8]) support zone.
Technical indicators mostly reflect the maintenance of the downward potential. Bollinger Bands are directed down. MACD histogram is in the negative zone keeping a signal for the opening of sell positions. Meanwhile, Stochastic is in the oversold zone and is pointed upwards, reflecting the high possibility of the upward correction formation.

Support and resistance

Support levels: 1.2817, 1.2756, 1.2695.

Resistance levels: 1.2878, 1.2939, 1.3000.

Trading recommendations

Short positions can be opened below the level of 1.2817 with the target at around 1.2756 and stop-loss 1.2835.

Long positions can be opened above the level of 1.2878 with the target at around 1.2939 and stop-loss 1.2850.

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USD/JPY: technical analysis 12.02.2019

USDJPYH412022019-1024x576.png

Current trend

On the 4-hour chart, the instrument is growing along the upper line of the Bollinger Bands.
The instrument is now testing the resistance level of 110.54 (Murray [7/8]).
Breakout of 110.54 can accelerate the pair towards 110.93 (Murray [8/8]) level,
but the 111.32 (Murray [+1/8]) – 111.71 (Murray [+2/8]) resistance area and overbought Stochastic could restrict further rise.
If USD/JPY cannot consolidate above the level of 110.54, the downward trend restoration and retest of the level 110.15 (Murray [6/8]), 109.99 (middle line of Bollinger Bands) are possible.
Technical indicators mostly keep a buy signal, but the downward correction is possible in the short term.
Bollinger Bands are diverging, reflecting the active development of the current trend.
MACD is growing in the positive zone.
Stochastic is in the overbought zone and is pointed downwards, reflecting the high possibility of the downward movement formation.

Support and resistance

Support levels: 110.15, 109.76, 109.37.

Resistance levels: 110.54, 111.32, 111.71.

Trading recommendations

Long positions can be opened above the level of 110.54 with the target at around 111.32 and stop-loss 110.30.

Short positions can be opened below the level of 109.99 with the target at around 109.76-109.37 and stop-loss 110.20.

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EUR/USD: technical analysis 13.02.2019EURUSDH413022019-1024x576.png

Current trend

On 4-hour chart, EUR/USD is trading above the middle line of Bollinger Bands. The price is approaching a strong resistance in the region of 1.1352 (Murray [4/8]). One may speak about upward movement continuation after the price consolidates above the support level of 1.1352.
In this case, EUR/USD may aim for the 1.1383-1.1413 resistance-zone.
Meanwhile, the mark of 1.1352 can prevent the instrument form growing, as the possibility of the reverse of the price is high there.
If the pair refrains to respect the 1.1352 resistance, the downward correction to the area of the level of 1.1313 (the middle line of Bollinger Bands) can develop. We should note that breaking 0.9990 and holding below it will push the price back to 1.1291 (Murray [2/8]) – 1.1261 (Murray [1/8]) support-zone.
Bollinger Bands are pointed sideways.
Stochastic is in the oversold zone and is pointed sideways.
MACD volumes are decreasing in negative zone.

Support and resistance

Support levels: 1.1322, 1.1291, 1.1261.

Resistance levels: 1.1352, 1.1383, 1.1413.

Trading recommendations

Long positions can be opened above the level of 1.1352 with the target at around 1.1383-1.1413 and stop-loss 1.1330.

Short positions can be opened below the level of 1.1313 with the target at around 1.1291-1.1261 and stop-loss 1.1333.

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      Forex-Technical Analysis (Gold XAUUSD):

      Forex analysis today gold (September 6) early in the morning at 1517.1 US dollars / ounce, from the technical analysis, 1 hour level observation trend yesterday (5th) by ADP data significantly better than the foreign exchange market expectations, making the negative gold fell below All chip support fell by $40/oz, so there is a chance of a slight rebound after the deepdown.
      At present, the pressure range above the short-term line is located at 1522~1522.5 US dollars/ounce, in the downward direction, the initial support range is 1508~1508.5 US dollars/ounce. The operation mentality is mainly short. The investors who want to enter the market for a short time can consider the price of 1511.5 US dollars. For short-term purchases in the $1514/oz range,
      the MT4 operating stop-loss point can be considered to be set below $1508.5 per ounce.
      Forex-Technical Analysis (EUR/USD EURUSD):

      Forex analysis today EUR/USD (September 6th) Early in the morning near 1.10375, cut from the technical analysis, 1 hour level observation trend yesterday (5th) V-shaped reversal. A sharp rise immediately pulled back the correction, so there is a chance to correct it and then rise again.
      At present, the pressure range above the short-term line is located at 1.10750~1.10800, the downward direction, the initial support interval is 1.10200~1.10250, and the operation mentality is mostly short. Investors who want to enter the market for a short time may consider buying in the 1.10280 to 1.10320 range. The MT4 operation stop loss point can be considered to be set below 1.10210.
      Forex-Technical Analysis (GBP/USD GBPUSD):

      Forex analysis today GBP/USD (September 6th) Early in the vicinity of 1.23233, from the technical analysis, the 1-hour line level observation trend is forming the fifth wave of wave theory, while the K-bar is close to the Bollinger Middle Track to maintain the middle and upper rails. Between, therefore there is a chance to continue to rise.
      At present, the pressure range above the short-term line is located at 1.23650~1.23700, the downward direction, the initial support range is 1.22950~1.23000, and the operation mentality is mainly short. Investors who want to enter the market for a short time may consider buying in the 1.23200 to 1.23250 range. The MT4 operation stop loss point can be considered to be set below 1.23001.
      Today's key data:
      1.Germany's July seasonally adjusted industrial output monthly rate
      2.French July trade account (100 million euros)
      3.UK August Halifax seasonally adjusted house price index monthly rate
      4.Eurozone second quarter quarterly adjusted employment rate
      5.Eurozone second quarter GDP annual rate correction
      6.Non-agricultural employment in the United States in August
      7.US unemployment rate in August
      More information Forex and MT4
    • By jerry0821
      The United States announced yesterday (3rd) that the manufacturing index for August was 49.1, lower than the three-year low of 51.2 in July, which was below the 50-year-old glory line for the first time in three years, and the order, production, and The employment index fell in full, suggesting that the global economy was heated by Sino-US trade frictions, causing shocks to the US manufacturing industry, and the growth trend gradually slowed down. According to the report, the new order indicator fell to 47.2 in 7 years, the first time since December 2015, it fell below 50. In addition, it can reflect the overseas demand export index of 43.3, which was the lowest point since the financial tsunami in April 2009.
      forex Technical Analysis (Gold XAUUSD):
      forex analysis today gold (September 4) early in the morning at 1546.8 US dollars/ounce, MT4 technical analysis face cut, 1 hour level observation trend under the influence of US data, the dollar fell gold in one fell swoop, the big structure gradually has the left shoulder bottom right shoulder The shape,so there is a chance to rise more and then pull back the correction.
      At present, the pressure range above the short-term line is located at 1554~1554.5 US dollars/ounce. In the downward direction, the initial support range is 1541~1541.5 US dollars/ounce. The operation mentality is mainly short. The investors who want to enter the market for a short time can consider the price of 1541 US dollars. To the 1543.5 US dollars/ounce range of light warehouse buy, MT4 set stop loss point can be set to 1539.5 US dollars/ounce below.
      forex Technical Analysis (EUR/USD EURUSD):
      forex analysis today EUR/USD (September 4th) Early in the morning around 1.09701, MT4 technical analysis cut in, the 1-hour level observation trend was significantly down by the US dollar, the bottom began to rebound sharply, so there is a chance that the symmetry market continues to rise.
      At present, the pressure range above the short-term line is located at 1.10100~1.10150, the downward direction, the initial support interval is 1.09550~1.09600, and the operating mentality is mainly short. Investors who want to enter the market for a short time can consider buying in the 1.09700 to 1.09750 range. MT4 sets the stop loss point to consider setting below 1.09600.
      forex Technical Analysis (GBP/USD GBPUSD):
      forex analysis today sterling / US dollar (September 4) Early in the vicinity of 1.20842, MT4 technical analysis face cut, 1 hour line-level observation trend was also significantly pulled back yesterday (3rd) US dollar, making the pound appear bottom V-shaped reversal, Therefore, the equal-amplitude measurement method has a chance to continue to rise.
      At present, the pressure range above the short-term line is located at 1.21450~1.21500, in the downward direction, the initial support range is 1.20550~1.20600, and the operating mentality is mainly short. Investors who want to enter the market for a short time may consider buying in the 1.209940 to 1.20990 range. MT4 set stop loss point can be considered to set below 1.20900.
      forex Technical Analysis (NZD/USD NZDUSD):
      forex analysis today NZD/USD (September 4th) Early in the vicinity of 0.63268, MT4 technical analysis cut in, 1-hour line-level observation trend began to appear bottom up, forming a small V reversal, so there is a chance according to the equal amplitude measurement method continue rising
      At present, the pressure range above the short-term line is located at 0.63600~0.63650, the downward direction, the initial support interval is 0.63150~0.63200, and the operation mentality is mainly short. The investors who want to enter the market for a short time can consider buying in the 0.63390 to 0.63450 range. MT4 sets the stop loss point to consider setting below 0.63300.
    • By fxfarmerashik
      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. 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
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