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

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GBP/USD: technical analysis 16.08.2019

GBPUSDH4160820192-1024x576.png

Current trend

On 4-hour chart, the instrument is consolidating around the level of 1.20850 (Murray [4/8]), which coincided with the middle line of Bollinger Bands. If the sellers manage to decline the rate below the level of 1.20733, the downward movement can continue to the area of 1.20544 (Murray [3/8]). There is a chance of an upward rebound, while its breakdown would allow the fall to continue to the level of 1.20239 (Murray [2/8]). In case the pair manage to cross the 1.20927 GBP/USD will grow to the area 1.21155 mark (Murray [5/8]), that holds the gate for its rise to 1.21338 resistance line. The technical picture is mixed. Bollinger Bands are pointed sideways. MACD volumes are in the negative zone and are moving along the zero line. Stochastic is pointed downwards.

Support and resistance

Support levels: 1.20850, 1.20733, 1.20544.
Resistance levels: 1.20927,1.21155, 1.21338.

Trading recommendations

Short positions can be opened below the level of 1.20733 with the target at around 1.20544 and stop-loss 1.20796.
Long positions can be opened above the level of 1.20927 with the target at around 1.21155 and stop-loss 1.20851.

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USD/CHF: technical analysis 19.08.2019

USDCHFH419082019-1024x576.png

Current trend

On 4-hour chart, the instrument shows a moderate positive dynamic. If the current trend maintains the next targets of buyers will be the area of resistance levels of 0.98120-0.98267 (Murray [6/8]). Pullback and pair’s sustained trading below the level of 0.97802 will let the price fall to the level of 0.97656 (Murray [4/8]). The area of 0.97656 level is coincided with the middle line of Bollinger Bands and seem a key zone for the short term sellers. There is a chance of an upward rebound, while its breakdown would allow the fall to continue to the level of 0.97436-0.97351 (Murray [3/8]). Technical indicators mostly keep a buy signal. Bollinger Bands are diverging on the background of bullish momentum. The volumes of MACD histogram are growing in the positive zone. Stochastic is pointed upwards.

Support and resistance

Support levels: 0.97802, 0.97656, 0.97436.
Resistance levels: 0.97961, 0.98120, 0.98267, 0.98440.

Trading recommendations

Long positions can be opened above the level of 0.97961 with the target at around 0.98120 and stop-loss 0.97908.
Short positions can be opened below the level of 0.97802 with the target at around 0.97656 and stop-loss 0.97850.

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USD/CAD: technical analysis 19.08.2019

USDCADH419082019-1024x576.png

Current trend

USD/CAD is in the stage of upward correction after falling to the level of 1.32574. At the moment the price has met the resistance at the level of 1.32751 (Murray [3/8]). If the “bulls” manage to raise the rate above this level, the correction can continue to the area of 1.32916 (middle line of Bollinger Bands)-1.33057 (Murray [4/8]). The level of 1.33057 seem a strong resistance that can activate an downward rebound, while its breakout will let the price grow to the level of 1.33243. The downward trend will be restored after the price is set below the level of 1.32574. In this case, the sellers will aim for the level of 1.32446 (Murray [2/8]) support zone. The technical picture is mixed. Bollinger Bands are converging on the background of bearish dynamic. MACD volumes are decreasing in the positive 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: 1.32574, 1.32446, 1.32286.
Resistance levels: 1.32751,1.32916, 1.33057.

Trading recommendations

Long positions can be opened above the level of 1.32751 with the target at around 1.32916 and stop-loss 1.32696.
Short positions can be opened below the level of 1.32574 with the target at around 1.32446 and stop-loss 1.32615.

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EUR/USD: technical analysis 19.08.2019

EURUSDH419082019-1024x576.png

Current trend

On the 4-hour chart, the instrument is consoladating around the level of 1.11000, but the general downward trend is still maintained. One may speak about downward movement continuation after the price consolidates below the support level of 1.10779 (Murray [3/8]). In this case, the next targets of sellers will be the level of 1.11065. Assuming the pair’s ability to cross 1.11065 mark, the level of 1.10474 (Murray [2/8]) can be targeted if holding sell positions. Alternative scenario. If the “bulls” manage to raise the rate above the level of 1.11084 (Murray [4/8]), the correction can continue to the area of 1.11227, which coincided with the middle line of Bollinger Bands. There is a chance of an downward rebound, while its breakout can accelerate the pair towards 1.11389 (Murray [3/8]) level. Technical indicators maintain a sell signal. MACD histogram is in the negative zone keeping a signal for the opening of sell positions. Bollinger Bands are pointed downwards. Stochastic’s lines are pointed sideways.

Support and resistance

Support levels: 1.10779, 1.10651,1.10474.
Resistance levels: 1.11084, 1.11227, 1.11389.

Trading recommendations

Short positions can be opened below the level of 1.10779 with the target at around 1.10651 and stop-loss 1.10821.
Long positions can be opened above the level of 1.11084 with the target at around 1.11227 and stop-loss 1.11036.

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USD/CHF: technical analysis 20.08.2019

USDCHFH420082019-1024x576.png

Current trend

The USD/CHF pair begins today’s trading with slight bearish bias due to downward correction. If the current trend maintains, the next targets of sellers will be the level of 0.97961 (Murray [-1/8]). There is a chance of an upward rebound, while its breakdown would allow the fall to continue to the area of 0.97840 (middle line of Bollinger Bands). Alternative scenario. The breakout of 0.98267 (Murray [-2/8]) level can accelerate the pair towards 0.98429-0.98680 resistance area. Technical indicators reflect the moderate maintenance of the current upward trend. Bollinger Bands are pointed upwards. MACD is slowly growing in the positive zone. Stochastic is in the overbought zone and is pointed sideways.

Support and resistance

Support levels: 0.97961, 0.97840, 0.97656.
Resistance levels: 0.98163, 0.98267, 0.98429.

Trading recommendations

Long positions can be opened above the level of 0.98267 with the target at around 0.98429 and stop-loss 0.98213.
Short positions can be opened below the level of 0.97961 with the target at around 0.97840 and stop-loss 0.98001.

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NZD/USD: technical analysis 20.08.2019

NZDUSDH420082019-1024x576.png

Current trend

NZD/USD is in the stage of upward correction after falling to the level of 0.64026. The main target of the correction is the level of 0.64300, which corresponds to the middle line of Bollinger Bands. The breakout of the level 0.64300 will let the price grow to the level of 0.64392 (Murray [3/8])-0.64547. If NZD/USD cannot consolidate above the level of 0.64392 during short term period, the downward movennt restoration and retest of the levels 0.64087 (Murray [2/8]), 0.64026 are possible. The general downward trend will be restored after the price is set below the level of 0.64026. In this case, the next targets of sellers will be the level of 0.63912-0.63782 (Murray [1/8]). Now the technical indicators reflect the moderate developing of the current upward correction. Bollinger Bands are diverging on the background of bullish momentum. MACD volumes are decreasing in the negative zone, showing the growth of buyers’ moods. Stochastic has left the oversold area and is pointed upwards, reflecting the high possibility of the upward movement formation.

Support and resistance

Support levels: 0.64087, 0.63912, 0.63782.
Resistance levels: 0.64300, 0.64392, 0.64547.

Trading recommendations

Long positions can be opened above the level of 0.64300 with the target at around 0.64392-0.64547 and stop-loss 0.64217.
Short positions can be opened below the level of 0.64026 with the target at around 0.63912-0.63782 and stop-loss 0.64107.

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XAU/USD: technical analysis 20.08.2019

XAUUSDH420082019-1024x576.png

Current trend

On the 4-hour chart, the instrument is moderately falling along the lower line of the Bollinger Bands. The price went down below the level of 1500.00 (Murray [4/8]) and can fall further to the level of 1492.19 that holds the gate for its fall to 1488.75, 1484.38 (Murray [3/8]) to support-line. If the “bulls” manage to raise the rate above the level of 1503.00, the correction can continue to the area of 1510.00, which coincided with the middle line of Bollinger Bands. Technical indicators reflect the moderate maintenance of the current downward trend. Bollinger Bands are pointed downwards. MACD is slowly growing in the negative zone. Stochastic’s lines are pointed downwards and are reaching the oversold area.

Support and resistance

Support levels: 1492.19, 1488.75, 1484.38.
Resistance levels: 1500.00, 1503.00, 1510.00.

Trading recommendations

Long positions can be opened above the level of 1503.00 with the target at around 1510.00 and stop-loss 1501.70.
Short positions can be opened below the level of 1492.19 with the target at around 1484.38 and stop-loss 1494.70.

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AUD/USD: technical analysis 21.08.2019

AUDUSDH421082019-1024x576.png

Current trend

AUD/USD continues to consolidate in the side channel with the borders 0.67946-0.67696. One may speak about downward movement continuation after the price consolidates below the support level of 0.67696. In this case, the next targets of sellers will be the level of 0.67444 (Murray [5/8]). If the “bulls” manage to raise the rate above the level of 0.67946, the upward movement can continue to the area of 0.68054 (Murray [7/8])-0.68177. The area of 0.68177 level seem tough resistance which can activate a downward rebound. Now the technical indicators reflect the low trading activity and moderate developing of the current sideway trend. Bollinger Bands are pointed sideways. MACD volumes are in the positive zone and are moving along the zero line. Stochastic is pointed downwards.

Support and resistance

Support levels: 0.67749, 0.67696, 0.67444.
Resistance levels: 0.67946, 0.68054, 0.68177.

Trading recommendations

Short positions can be opened below the level of 0.67696 with the target at around 0.67444 and stop-loss 0.67780.
Long positions can be opened above the level of 0.67946 with the target at around 0.68054-0.68177 and stop-loss 0.67869.

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USD/JPY: technical analysis 21.08.2019

USDJPYH421082019-1024x576.png

Current trend

On 4-hour chart, USD/JPY is trading above its middle line of Bollinger Bands suggesting bullish momentum. The price has tested the resistance level of 106.546 and was slightly corrected downwards, but the general upward trend maintains. In case the pair manage to cross the 106.546 hurdle the next targets of buyers will be the area of levels of 106.641 (Murray [+1/8])-106.692. There is a high chance of an downward rebound, while its breakout accelerate the pair towards 106.742. The downward trend will be restored after the price is set below the level of 106.250 (Murray [8/8]). In this case, the sellers will aim for the 106.080 support zone. Technical indicators mostly keep a buy signal. Bollinger Bands are pointed upwards. MACD volumes are slowly decreasing in the positive zone. Stochastic’s lines are pointed upwards.

Support and resistance

Support levels: 106.250, 106.154, 106.080.
Resistance levels: 106.546, 106.641, 106.742.

Trading recommendations

Long positions can be opened above the level of 106.546 with the target at around 106.641-106.742 and stop-loss 106.480.
Short positions can be opened below the level of 106.250 with the target at around 106.154-106.080 and stop-loss 106.306.

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GBP/USD: technical analysis 21.08.2019

GBPUSDH421082019-1024x576.png

Current trend

GBP/USD is in the stage of downward correction after raising to the level of 1.21794. The first target of the correction is the level of 1.21345, which corresponds to the middle line of Bollinger Bands. Meanwhile the support level 1.21460 (Murray [6/8]) might offer intermediate halt during the plunge to corections’ target. The downward trend will be restored after the price is set below the level of 1.21345. In this case, the next targets of sellers will be the level of 1.21155 (Murray [5/8]). Alternative scenario. If the “bulls” manage to raise the rate above the level of 1.21794, the upward dynamic can continue to the area of 1.21906, 1.22070 (Murray [8/8]). The mark of 1.22070 seem a key level for the buyers in short term period where is a high probability of a course reversal. 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 has left the overbought area and is pointed downwards, reflecting the high possibility of the downward movement formation.

Support and resistance

Support levels: 1.21460, 1.21345, 1.21155.
Resistance levels: 1.21765, 1.21906, 1.22070.

Trading recommendations

Short positions can be opened below the level of 1.21460 with the target at around 1.21345 and stop-loss 1.21498.
Long positions can be opened above the level of 1.21794 with the target at around 1.21906 and stop-loss 1.21756.

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USD/CHF: technical analysis 22.08.2019

USDCHFH422082019-1024x576.png

Current trend

On the 4-hour chart, the instrument is growing along the upper line of the Bollinger Bands. At the moment the price has met the resistance at the level of 0.98302. Failure to conquer the 0.98632 mark during short term period seems fetching the USD/CHF to 0.98162-0.98017 support. The level of 0.98017 is coincided with the middle line of Bollinger Bands and seem a key level for the short term sellers. There is a high chance of an upward rebound, while its breakdown would allow the fall to continue to the area of 0.97846. The upward trend will be restored after the price is set above the level of 0.98302. Pair’s sustained trading above this mark could set the levels of 0.98408, 0.98572 on buyers’ radar. Technical indicators reflect the moderate maintenance of the current upward trend. Bollinger Bands are pointed upwards. MACD is slowly growing in the positive zone. Stochastic is in the overbought zone and is pointed sideways.

Support and resistance

Support levels: 0.98162, 0.98017, 0.97846.
Resistance levels: 0.98302, 0.98408, 0.98572.

Trading recommendations

Long positions can be opened above the level of 0.98302 with the target at around 0.98408-0.98572 and stop-loss 0.98212.
Short positions can be opened below the level of 0.98162 with the target at around 0.98017 and stop-loss 0.98210.

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USD/CAD: technical analysis 22.08.2019

USDCADH422082019atirox-1024x576.png

Current trend

USD/CAD is in the stage of downward correction after raising to the level of 1.33128. If the sellers manage to decline the rate below the level of 1.33057 (Murray [4/8]), the downward correction can continue to the area of 1.32818, 1.32751 (Murray [3/8]). One may speak about upward movement continuation after the price consolidates above the resistance level of 1.33160. In this case, the buyers will aim for the level of 1.33362 (Murray [5/8]) resistance zone. The area of 1.33362-1.33451 can prevent the instrument from growing, as the possibility of the reverse of the price is high there. Technical indicators reflect the moderate maintenance of the current upward trend. Bollinger Bands are pointed upwards. MACD is slowly growing in the positive zone. Stochastic is in the overbought zone and is pointed upwards.

Support and resistance

Support levels: 1.33057, 1.32818, 1.32751.
Resistance levels: 1.33160, 1.33362, 1.33451.

Trading recommendations

Long positions can be opened above the level of 1.33160 with the target at around 1.33362 and stop-loss 1.33100.
Short positions can be opened below the level of 1.33057 with the target at around 1.32818 and stop-loss 1.33136.

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EUR/USD: technical analysis 22.08.2019

EURUSDH422082019atirox-1024x576.png

Current trend

On the 4-hour chart, the instrument is trading below the the middle line of Bollinger Bands, suggesting bearish momentum. If the current trend maintains, the next targets of sellers will be the support level of 1.10779 (Murray [3/8]). Assuming the pair’s ability to cross 1.10779 mark, the level of 1.10651 can be targeted if holding short positions. A significant decrease is possible after the breakout of the level 1.10651, which can develop to the levels of 1.10474 (Murray [2/8]). Alternative scenario. If the “bulls” manage to raise the rate above the level of 1.10930 (middle line of Bollinger Bands) the correction can continue to the area of 1.11084 (Murray [4/8]). Technical picture is mixed. Bollinger Bands are pointed sideways. 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: 1.10779, 1.10651,1.10474.
Resistance levels: 1.10930, 1.11084, 1.11227.

Trading recommendations

Short positions can be opened below the level of 1.10779 with the target at around 1.10651 and stop-loss 1.10821.
Long positions can be opened above the level of 1.10930 with the target at around 1.11084 and stop-loss 1.10878.

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USD/CAD: technical analysis 23.08.2019

USDCADH423082019-1024x576.png

Current trend

On 4-hour chart, the instrument shows a positive dynamic. The price is trading above its middle line of Bollinger Bands suggesting bullish momentum. If the current trend maintains the next targets of buyers will be the level of 1.33362 (Murray [5/8])- 1.33451. The area of 1.33362-1.33451 can prevent the instrument from growing, as the possibility of the reverse of the price is high there. Alternative scenario. Pullback below the level of 1.33057 (Murray [4/8]) will be a signal for the downward movement development. In this case, the sellers will aim for the level of 1.32915-1.32876 support zone. Technical indicators reflect the moderate maintenance of the current upward trend. MACD is slowly growing in the positive zone. Stochastic’s lines are pointed upwards and are reaching the overbought area.

Support and resistance

Support levels: 1.33145, 1.33057, 1.32915, 1.32751.
Resistance levels: 1.33246, 1.33362, 1.33451.

Trading recommendations

Long positions can be opened above the level of 1.33246 with the target at around 1.33362 and stop-loss 1.33207.
Short positions can be opened below the level of 1.33057 with the target at around 1.32915 and stop-loss 1.33104.

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NZD/USD: technical analysis 23.08.2019

NZDUSDH423082019-1024x576.png

Current trend

NZD/USD quotes attempted to grow, but reaching 0.63951 mark moved to a decline. If the sellers manage to decline the rate below the level of 0.63782 the downward trend will continue to the level of 0.63629. The area of 0.63629 seem tough support which can activate an upward rebound. Meanwhile pair’s sustained trading below this level will let the price fall to 0.63500 mark and more. The upward trend will be restored after the price is set above the level of 0.63990, which is the middle line of Bollinger Bands. In this case, the next targets of buyers will be the level of 0.64087 (Murray [4/8]). Technical indicators reflect the moderate maintenance of the current upward trend. MACD volumes are decreasing in the negative zone. Stochastic is pointed upwards, reflecting the high possibility of the upward movement formation.

Support and resistance

Support levels: 0.63782, 0.63629, 0.63500.
Resistance levels: 0.63951, 0.64087, 0.64211.

Trading recommendations

Long positions can be opened above the level of 0.63951 with the target at around 0.64087 and stop-loss 0.63905.
Short positions can be opened below the level of 0.63782 with the target at around 0.63629 and stop-loss 0.63833.

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XAU/USD: technical analysis 23.08.2019

XAUUSDH423082019-1024x576.png

Current trend

The XAU/USDD pair begins today’s trading with slight bearish bias. If the current trend maintains, the next targets of sellers will be the level of 1492.19 (Murray [3/8]). There is a chance of an upward rebound, while its breakdown would allow the fall to continue. The breakdown and consolidation of the price below the level of 1492.19 will let XAU/USD reach the level of 1489.76. The upward trend will be restored after the price is set above the level of 1500.00 (Murray [4/8]), which is the middle line of Bollinger Bands. In this case, the next target of buyers will be the level of 1504.55. Technical indicators mostlty reflect the moderate maintenance of the current downward trend. MACD is slowly growing in the negative zone. Stochastic’s lines are pointed downwards. Bollinger Bands are pointed sideways.

Support and resistance

Support levels: 1492.19, 1489.76, 1484.38.
Resistance levels: 1500.00, 1504.55, 1507.81.

Trading recommendations

Short positions can be opened below the level of 1492.19 with the target at around 1489.76 and stop-loss 1493.00.
Long positions can be opened above the level of 1500.00 with the target at around 1504.55 and stop-loss 1498.60.

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USD/CHF: technical analysis 26.08.2019

USDCHFH426082019-1024x576.png

Current trend

The USD/CHF pair begins today’s trading with slight bullish bias due to upward correction. The correction attempt was limited to resistance level 0.97761. If the “bulls” manage to raise the rate above the level of 0.97761, the correction can continue to the area of 0.97961 (Murray [5/8]).
Alternative scenario.
One may speak about downward movement continuation after the price consolidates below the support level of 0.97351 (Murray [3/8]). In this case, the next targets of sellers will be the level of 0.97213-0.97046 (Murray [2/8]). Technical indicators reflect the moderate maintenance of the general downward trend. Bollinger Bands are diverging, reflecting the active development of the downward dynamic. MACD histogram is in the negative zone keeping a signal for the opening of sell positions. Stochastic is preparing to exit the oversold zone and is directed upwards, signaling the development of an upward correction.

Support and resistance

Support levels: 0.97351, 0.97213, 0.97046.
Resistance levels: 0.97761, 0.97961, 0.98326.

Trading recommendations

Short positions can be opened below the level of 0.97351 with the target at around 0.97213 and stop-loss 0.97397.
Long positions can be opened above the level of 0.97761 with the target at around 0.97961 and stop-loss 0.97694.

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USD/JPY: technical analysis 26.08.2019

USDJPYH426082019-1024x576.png

Current trend

USD/JPY quotes attempted to grow, but reaching 105.79 mark moved to a downward correction. At the moment the price has met the support at the level of 105.078 (Murray [5/8]). If the price is set below the level of 105.078, the downward trend can restore, and the instrument can retest the support level of 104.688 (Murray [4/8]). Alternative scenario. If the “bulls” manage to raise the rate above the level of 105.469 (Murray [6/8]), the correction can continue to the area of 105.790-105.859 (Murray [7/8]). The technical picture is mixed. Bollinger Bands diverge indicating the preservation of the general downward tendency. The volumes of MACD histogram are growing in the negative zone. Stochastic’s lines are pointed upwards.

Support and resistance

Support levels: 105.078, 104.688, 104.466.
Resistance levels: 106.469, 105.790, 105.859.

Trading recommendations

Long positions can be opened above the level of 106.469 with the target at around 105.790-105.859 and stop-loss 105.339.
Short positions can be opened below the level of 105.078 with the target at around 104.688 and stop-loss 105.208.

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EUR/USD: technical analysis 26.08.2019

EURUSDH426082019-1024x576.png

Current trend

EUR/USD is in the stage of downward correction after raising to the level of 1.11636. At the moment the price has met the support at the level of 1.11317. If the “bulls” manage to raise the rate above the level of 1.11636, the buyers will aim for the level of 1.11694 (Murray [6/8])-1.11854 resistance zone. Alternative scenario. The downward dynamic will be restored after the price is set below the level of 1.11317. In this case, the next targets of sellers will be the level of 1.11237-1.11084 (Murray [4/8]). The area of 1.11084 level seem a strong support level which can activate an upward rebound. Additionally, pair’s sustained trading below this level could be a signal for downward trend forming. Technical indicators mostly keep a buy signal, but the downward correction is possible in the short term. Bollinger Bands are pointed diverging on the background of bullish momentum. The volumes of MACD histogram are growing in the positive zone. Stochastic has left the overbought area and is pointed downwards, reflecting the high possibility of the downward movement formation.

Support and resistance

Support levels: 1.11389, 1.11317, 1.11237, 1.11084.
Resistance levels: 1.11636, 1.11694, 1.11854.

Trading recommendations

Short positions can be opened below the level of 1.11317 with the target at around 1.11237-1.11084 and stop-loss 1.11394.
Long positions can be opened above the level of 1.11636 with the target at around 1.11694-1.11854 and stop-loss 1.11563.

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USD/CAD: technical analysis 27.08.2019

USDCADH427082019-1024x576.png

Current trend

On the 4-hour chart, the instrument is falling along the lower line of the Bollinger Bands. The price went down below the support level of 1.32446 (Murray [2/8]) and can fall further to the levels of 1.32281. The level of 1.32281 can prevent the instrument from falling, as the possibility of the upward rebound is high there. Assuming the pair’s ability to cross 1.32281 level, the mark of 1.32141 (Murray [1/8]) can be targeted if holding short positions. Alternative scenario. Pullback above the resistance level of 1.32446 (Murray [2/8]) will let the price to grow to the area of 1.32529. The breakout of this level can accelerate the pair towards 1.32751 (Murray [3/8]). Technical indicators reflect the moderate maintenance of the current downward trend. Bollinger Bands are diverging on the background of bearish momentum. MACD histogram is in the negative zone keeping a signal for the opening of sell positions. Stochastic is in the overbought zone and is pointed sideways.

Support and resistance

Support levels: 1.32344, 1.32281, 1.32141.
Resistance levels: 1.32446, 1.32529, 1.32751.

Trading recommendations

Long positions can be opened above the level of 1.32446 with the target at around 1.32529 and stop-loss 1.32344.
Short positions can be opened below the level of 1.32344 with the target at around 1.32281-1.32141 and stop-loss 1.32411.

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      Let us know if you have any questions as we will be solving all your doubts by providing 24/7 assistances that you have about the financials market join now https://t.me/inetfx
       
    • 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, 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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