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

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USD/CAD: technical analysis 13.02.2019

USDCADH413022019-1024x576.png

Current trend

On the 4-hour chart, USD/CAD t is falling along the lower line of the Bollinger Bands. The price is approaching a strong support in the region of 1.1383 (Murray [0/8]). There is a chance of an upward rebound, while its breakdown would allow the fall to continue to the area of 1.3122 level (Murray [-1/8]). If USD/CAD cannot consolidate below the level of 1.1383, the upward correction and retest of the level 1.3244 (Murray [1/8]) – 1.3277 (the middle line of Bollinger Bands) are possible. Additionally, pair’s sustained trading beyond the 1.3277 could set 1.3305 as buyers’ targets.
Technical indicators mostly maintain a sell signal.
Bollinger Bands are diverging, reflecting the active development of the current trend.
MACD volumes are decreasing in the positive zone. Stochastic is in the oversold zone and is pointed upwards, reflecting the high possibility of the upward movement formation.

Support and resistance

Support levels: 1.1383, 1.3122, 1.3061.

Resistance levels: 1.3244, 1.3305, 1.3366.

Trading recommendations

Short positions can be opened below the level of 1.3183 with the target at around 1.3122 and stop-loss 1.3200.

Long positions can be opened above the level of 1.3244 with the target at around 1.3277-1.3305 and stop-loss 1.3205.

 
 

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USD/CHF: technical analysis 13.02.2019

USDCHFH413022019-1024x576.png

Current trend

On 4-hour chart, USD/CHF is correcting down from the 1.0090 level in direction of 1.0035 mark, 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 to the area 1.0009 (Murray [4/8]). One may speak about upward movement continuation after the price consolidates above the resistance level of 1.0070 (Murray [6/8]). The break of 1.0070 can accelerate the pair towards 1.0101 (Murray [7/8]), but the 1.0131 (Murray [8/8]) area and three-month old resistance-line could restrict further rise.
Technical indicators mostly keep a buy signal, but the downward correction is possible in the short term. Bollinger Bands are directed up. Stochastics lines are pointed downwards.
MACD volumes are decreasing in positive zone.

Support and resistance

Support levels: 1.0040, 1.0009, 0.9979.

Resistance levels: 1.0070, 1.0101, 1.0131.

Trading recommendations

Short positions can be opened below the level of 1.0035 with the target at around 1.0009-0.9979 and stop-loss 1.0050.

Long positions can be opened above the level of 1.0070 with the target at around 1.0101-1.0131 and stop-loss 1.0050.

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USD/JPY: technical analysis 14.02.2019

USDJPYH414022019-1024x576.png

Current trend

On the 4-hour chart, USD/JPY is growing along the upper line of the Bollinger Bands. The price went up above the level of 110.93 (Murray [8/8]) and can grow further to the levels of 111.32 (Murray [+1/8]) and 111.71 (Murray [+2/8]). However, as the Stochastic is in the overbought area, the downward correction is not excluded. The breakdown and consolidation of the price below the level of 110.93 will let USD/JPY fall the level of 110.54 (Murray [7/8]), which coincided with the middle line of Bollinger Bands.
One may speak about downward movement continuation after the price consolidates below the support level of 110.54. In this case, the next targets of sellers will be the level of 110.15 (Murray [6/8]).
Technical indicators mostly keep a buy signal, but the downward correction is possible in the short term. MACD is growing in the positive zone. Stochastic’s lines are pointed upwards. Stochastic is in the overbought zone фnd is pointed upwards, which can be a signal for downward correction.

Support and resistance

Support levels: 110.93, 110.54, 110.15.
Resistance levels: 111.32, 111.71, 112.00

Trading recommendations

Long positions can be opened above the level of 111.32 with the target at around 111.71-112.00 and stop-loss 111.06.
Short positions can be opened below the level of 110.93 with the target at around 110.54, 110.15 and stop-loss 111.15.

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XAU/USD: technical analysis 14.02.2019

XAUUSDH414022019-1024x576.png

Current trend

On 4-hour chart, USDCHF bounced off the 1304.68 (Murray [2/8]) horizontal-support but is yet to cross the 1308.59 (Murray [3/8]) resistance level. If the “bulls” manage to raise the rate above the level of 1310.15 (the middle line of Bollinger Bands) , the correction can continue to the area of 1312.50 (Murray [4/8]), 1316.40 (Murray [5/8]). A significant decrease is possible after the breakdown of the level 1304.68 (Murray [2/8]), which can develop to the levels of 1300.78 (Murray [1/8]), 1296.87 (Murray [0/8]). Technical indicators mostly reflect the moderate maintenance of the current downward trend. Bollinger Bands are slightly leaned downwards. MACD histogram is in the negative zone. Stochastic’s lines are pointed downwards.

Support and resistance

Support levels: 1304.68, 1300.78, 1296.87.
Resistance levels: 1308.59, 1312.50, 1316.40.

Trading recommendations

Long positions can be opened above the level of 1310.15 with the target at around 312.50-1316.40 and stop-loss 1309.30.
Short positions can be opened below the level of 1304.68 with the target at around 1300.78-1296.87. and stop-loss 1306.60.

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NZD/USD: technical analysis 14.02.2019

NZDUSDH414022019-1024x576.png

Current trend

On 4-hour chart, the instrument is moving towards 0.6835 (Murray [4/8]) mark,that holds the gate for its rise to 0.6866 (Murray [5/8]) and then to the 0.6897 (Murray [6/8]) resistance-line. If NZD/USD cannot consolidate above the level of 0.6835, the downward trend restoration and retest of the level 0.6805 (Murray [3/8]), 0.6774 (Murray [2/8]) are possible.
The downward trend will be restored after the price is set below the level of 0.6774, which is the middle line of Bollinger Bands. In this case, the next targets of sellers will be the level of 0.6744 (Murray [1/8]).

Technical picture is mixed. Bollinger Bands are pointed upwards. MACD is active growing in the positive zone, keeping a signal for the opening of buy positions. Stochastic’s lines are pointed downwards.

Support and resistance

Support levels: 0.6805, 0.6774, 0.6744, 0.6713.
Resistance levels: 0.6835, 0.6866, 0.6897, 0.6927.

Trading recommendations

Long positions can be opened above the level of 0.6835 with the target at around 0.6866-0.6897 and stop-loss 0.6815.
Short positions can be opened below the level of 0.6805 with the target at around 0.6774-0.6744 and stop-loss 0.6825.

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USD/JPY: technical analysis 15.02.2019

 

Current trend

USD/JPY price is moderately falling and is approaching the support level of 110.15 (Murray [6/8]). Pair’s sustained trading below this level will let USD/JPY fall to the level of 109.76 (Murray [5/8]). There is a chance of an upward rebound from the 110.15-109.76 area, while its breakdown would allow the fall to continue to the area of 109.37 (Murray [4/8]) level.
Alternatively, breakout of 110.54 (Murray [3/8]) can accelerate the pair towards 110.93 (Murray [4/8]) – 111.32 (Murray [5/8]) resistance area.

Technical indicators mostly keep a sell signal, but the upward correction is possible in the short term. MACD volumes are decreasing in the positive zone. Stochastic is in the oversold zone and is pointed upwards, which can be a signal for upward correction. Bollinger Bands are directed down.

USDJPYH415022019-1024x576.png

Support and resistance

Support levels: 110.15, 109.76, 109.37, 108.98.
Resistance levels: 110.54, 110.93, 111.32, 111.71.

Trading recommendations

Short positions can be opened below the level of 110.15 with the target at around 109.76-109.37 and stop-loss 110.35.

Long positions can be opened above the level of 110.54 with the target at around 110.93-111.32 and stop-loss 110.37.

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AUD/USD: technical analysis 15.02.2019

 

Current trend

AUD/USD is trading in a bear trend. At the moment the price has met the strong support at the level of 0.7080 (Murray [0/8]). In case the pair manage to cross the 0.7080 mark will let AUD/USD fall to the level of 0.7049 (Murray [-1/8]). A significant decrease is possible after the price is set below the level of 0.7049. 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 0.7110 can accelerate the pair towards 0.7141 (Murray [2/8]) – 0.7171 (Murray [3/8]) resistance area.

Technical indicators mostly keep a sell signal. MACD volumes are slowly growing in negative zone. Stochastics’ lines are pointed downwards. Bollinger Bands are pointed sideways, reflecting the relative calmness of the markets.

AUDUSDH415022019-1024x576.png

Support and resistance

Support levels: 0.7080, 0.7049, 0.7019, 0.6990.
Resistance levels: 0.7110, 0.7141, 0.7171, 0.7202.

Trading recommendations

Short positions can be opened below the level of 0.7080 with the target at around 0.7049-0.7019 and stop-loss 0.8000.

Long positions can be opened above the level of 0.7110 with the target at around 0.7141-0.7171 and stop-loss 0.6990.

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GBP/USD: technical analysis 15.02.2019

 

Current trend

On the 4-hour chart, the instrument is falling along the lower line of the Bollinger Bands towards 1.2756 (Murray [1/8]), mark. One may speak about downward movement continuation after the price consolidates below the support level of 1.2756. In this case, the next targets of sellers will be the level of 1.2695 (Murray [0/8]). If the “bulls” manage to raise the rate above the level of 1.2817, the correction can continue to the area of 1.2854 (the middle line of Bollinger Bands) – 1.2878 (Murray [3/8]).

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.Stochastic’s lines are pointed downwards.

GBPUSDH415022019-1024x576.png

Support and resistance

Support levels: 1.2756, 1.2695, 1.2634.
Resistance levels: 1.2817, 1.2878, 1.2939.

Trading recommendations

Short positions can be opened below the level of 1.2756 with the target at around 1.2695 and stop-loss 1.2775.

Long positions can be opened above the level of 1.2817 with the target at around 1.2878 and stop-loss 1.2800.

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USD/CAD: technical analysis 18.02.2019

 

Current trend

On 4-hour chart, USD/CAD is trading in a bear trend below the middle line of Bollinger Bands (1.3244). If the current trend maintains, the next targets of sellers in the short term will be the level of 1.3183 (Murray [0/8]). A significant decrease is possible after the breakdown of the level 1.3183, which can develop to the levels of 1.3122 (Murray [-1/8]), 1.3061 (Murray [-2/8]).
If the “bulls” manage to raise the rate above the level of 1.3244, the raise can continue to the area of 1.3305 (Murray [1/8]), 1.3366 (Murray [2/8]).
Now the technical indicators reflect the low trading activity and moderate developing of the current downward trend. MACD histogram is ready to enter the negative zone and form a sell signal. Stochastic’s lines are pointed downwards.Bollinger Bands are pointed sideways.

USDCADH418022019-1024x576.png

Support and resistance

Support levels: 1.1383, 1.3122, 1.3061.

Resistance levels: 1.3244, 1.3305, 1.3366.

Trading recommendations

Short positions can be opened below the level of 1.3183 with the target at around 1.3122 and stop-loss 1.3200.

Long positions can be opened above the level of 1.3244 with the target at around 1.3273-1.3305 and stop-loss 1.3205.

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USD/CHF: technical analysis 18.02.2019

 

Current trend

USD/CHF is in the stage of upward correction after falling to the level of 1.0028, but the downward trend is still maintained, which is confirmed by technical indicators. Pullbacks below 1.0028 could lead to the 1.0009 and 0.9979 level. If the “bulls” manage to raise the rate above the level of 1.0040, the correction can continue to the area of 1.0061 (the middle line of Bollinger Bands).
Technical indicators mostly keep a sell signal, but the upward correction is possible in the short term. Bollinger Bands are directed down. MACD volumes are decreasing in positive zone.
Stochastic is in the oversold zone and is pointed upwards, reflecting the high possibility of the upward movement formation.

USDCHFH418022019-1024x576.png

Support and resistance

Support levels: 1.0009, 0.9979, 0.9948.

Resistance levels: 1.0040, 1.0070, 1.0101.

Trading recommendations

Short positions can be opened below the level of 1.0035 with the target at around 1.0009-0.9979 and stop-loss 1.0055.

Long positions can be opened above the level of 1.0040 with the target at around 1.0070-1.0101 and stop-loss 1.0020.

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EUR/USD: technical analysis 18.02.2019

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 region of 1.1322-1.1352 can prevent the instrument form growing, as the possibility of the reverse of the price is high there.
In this case, the downward correction to the area of the level of 1.1291 (the middle line of Bollinger Bands) can develop. We should note that breaking 1.1291 and holding below it will push the price back to 1.1261 (Murray [1/8]) – 1.1230 (Murray [0/8]) support-zone. Bollinger Bands are pointed sideways. Stochastic is in the oversold zone and is pointed downwards.MACD volumes are decreasing in negative zone.

USDJPYH415022019-1024x576.png

Support and resistance

Support levels: 1.1291, 1.1261, 1.1230.

Resistance levels: 1.1322, 1.1352, 1.1383.

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 1.1291 with the target at around 1.1261-1.1230 and stop-loss 1.1310.

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GBP/USD: technical analysis 19.02.2019

GBPUSDH419022019-1024x576.png

Current trend

On 4-hour chart, the instrument is correcting down from the upper line of the Bollinger Bands, which coincited with the level of 1.2939 (Murray [4/8]). The first target of the correction is the level of 1.2864, which corresponds to the middle line of Bollinger Bands. There is a chance of an upward rebound from the level of 1.2864, while its breakdown would allow the fall to continue to the area of 1.2817 (Murray [0/8]). -1.2786 (Murray [-1/8]).
The breakout 1.2939 and holding above it will push the price up to 1.2970 (Murray [5/8]). – 1.3000 (Murray [6/8]).
The technical picture is mixed. Bollinger Bands are slightly leaned upwards, reflecting the moderate developing of the upward movement.MACD histogram is in the pozitive zone.
Stochastic’s lines are pointed downwards and are reaching the oversold area.

Support and resistance

Support levels: 1.2878, 1.2847, 1.2817, 1.2786.
Resistance levels: 1.2908, 1.2939, 1,2970, 1.3000.

Trading recommendations

Short positions can be opened below the level of 1.2878 with the target at around 1.2817 and stop-loss 1.2900.
Long positions can be opened above the level of 1.2939 with the target at around 1.2970-1.3000 and stop-loss 1.2920.

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XAU/USD: technical analysis 19.02.2019

XAUUSDH419022019-1024x576.png

Current trend

On the 4-hour chart, XAU/USD price has met the significant resistance around of the level 1328.12 .(Murray [8/8]). It was corrected to the area of the middle line of Bollinger Bands at the level of 1324.21 (Murray [7/8]) .
The pair’s sustained trading below the level of 1324.21 (Murray [7/8]) could be a confirmation signal for downward correction forming. Alternatively, the breakout of 1328.12 can accelerate XAU/USD towards 1332.03 (Murray [+1/8]) – 1335.93 (Murray [+2/8]) resistance area, but ten-month old resistance-lines, could restrict further rise.
Technical indicators mostly keep a buy signal, but the downward correction is possible in the short term. Bollinger Bands are pointed sideways. MACD histogram is in the pozitive zone keeping a signal for the opening of buy positions. Stochastic’s lines are pointed downwards, reflecting the high possibility of the downward movement
formation.

Support and resistance

Support levels: 1324.21, 1320.31, 1316.40.
Resistance levels: 1328.12, 1332.03, 1335.93.

Trading recommendations

Short positions can be opened below the level of 1324.40 with the target at around 1320.31-1316.40 and stop-loss 1326.50.
Long positions can be opened above the level of 1328.12 with the target at around 1332.03-1335.93and stop-loss 1326.00.

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NZD/USD: technical analysis 19.02.2019

NZDUSDH419022019-1024x576.png

Current trend

On 4-hour chart, the price has tested the support level of 0.6835 (Murray [0/8]) and was slightly corrected upwards, but the downward trend maintains. In case the pair manage to cross 0.6835 mark,the next targets of sellers will be the levels of 0.6805 (Murray [3/8]) and the 0.6774 (Murray [2/8]). If the “bulls” manage to raise the rate above the level of 0.6866 (Murray [5/8]), the growth can continue to the area of 0.6897 (Murray [6/8]), 0.6927 (Murray [7/8]).
The technical picture is mixed. Bollinger Bands are pointed sideways, reflecting the relative calmness of the markets. MACD volumes are decreasing in the positive zone.

Support and resistance

Support levels: 0.6835, 0.6805, 0.6774, 0.6744.
Resistance levels: 0.6866, 0.6897, 0.6927, 0.6958.

Trading recommendations

Long positions can be opened above the level of 0.6866 with the target at around 0.6897-0.6927 and stop-loss 0.6850.
Short positions can be opened below the level of 0.6835 with the target at around 0.6805-0.6774 and stop-loss 0.6855.

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AUD/USD: technical analysis 20.02.2019

AUDUSDH420022019-1024x576.png

Current trend

On 4-hour chart, AUD/USD is correcting down from the upper line of the Bollinger Bands, whicn coincided with the level of 0.7171 (Murray [3/8]). The main target of the correction is the level of 0.7131 , 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 to the levels of 0.7110 (Murray [1/8])-0.7080 (Murray [0/8]). If the “bulls” manage to raise the rate above the level of 0.7171, the growth can continue to the area of 0.7202 (Murray [4/8]). Assuming the pair’s ability to cross 0.7202, the 0.7232 (Murray [5/8]) can be targeted if holding long positions.
Technical indicators mostly keep a buy signal, but the downward correction is possible in the short term. Bollinger Bands are ponted upwards. MACD is slowly growing in the positive zone. Stochastic is in the overbought zone and is pointed downwards, which can be a signal for downward correction.

Support and resistance

Support levels: 0.7141, 0.7110, 0.7080, 0.7049.
Resistance levels: 0.7171, 0.7202, 0.7232, 0.7263.

Trading recommendations

Short positions can be opened below the level of 0.7141 with the target at around 0.7110-0-7080 and stop-loss 0.7161.
Long positions can be opened above the level of 0.7171 with the target at around 0.7202-0.7232 and stop-loss 0.7151.

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EUR/USD: technical analysis 20.02.2019

EURUSDH420022019-1024x576.png

Current trend

On 4-hour chart, EUR/USD is correcting down from the upper line of the Bollinger Bands, whicn coincided with the level of 1.1352 (Murray [4/8]). The first target of the correction is the level of 1.1306 , 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 to the levels 1.1261 (Murray [1/8]) – 1.1230 (Murray [0/8]) support-zone. 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.
Technical indicators mostly keep a buy signal, but the downward correction is possible in the short term. Bollinger Bands diverge indicating the preservation of the general upward trend. MACD is slowly growing in the positive zone. Stochastic is in the overbought zone, which can be a signal for downward correction.

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

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 1.1291 with the target at around 1.1261-1.1230 and stop-loss 1.1310.

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USD/JPY: technical analysis 20.02.2019

USDJPYH420022019-1024x576.png

Current trend

On 4-hour chart, USD/JPY is correcting down the strong resistance level of 1.1352 (Murray [8/8]). The breakout of this level will let the price to grow to the area of 111.13 (Murray [+1/8])-111.32 (Murray [+2/8]). Failure to conquer the 110.93 mark seems fetching the USD/JPY to 110.54 (Murray [7/8]) level, but its further downside might be confined by the 110.35 (Murray [5/8])-110.15 (Murray [4/8]) support-zone.
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 upward trend. However, as the price has broken the upper border of Bollinger Bands, the downward correction is not excluded. MACD is growing in the positive zone. Stochastic’s lines are pointed upwards.

Support and resistance

Support levels: 110.74, 110.54, 110.35, 110.15.
Resistance levels: 110.93, 111.13, 111.32, 111.50.

Trading recommendations

Short positions can be opened below the level of 110.74 with the target at around 110.54-110.15 and stop-loss 110.90.
Long positions can be opened above the level of 110.93 with the target at around 111.32-111.50 and stop-loss 110.73.//////////////////

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USD/JPY: technical analysis 21.02.2019

USDJPYH421022019-1024x576.png

Current trend

On 4-hour chart, USD/JPY shows a sideway dynamic with the borders 110.58-110.94. If the price is set above the level of 110.93 (Murray [8/8]), the upward trend can restore, and the instrument can retest the resistance level of 111.13 (Murray [+1/8])- 111.32 (Murray [+2/8]). The breakdown and consolidation of the price below the level of 110.54 (Murray [6/8]) will let USD/JPY reach the area of 110.35 (Murray [4/8])-110.15 (Murray [4/8]) levels. The support-line at 110.15, seem strong support as break of which can diver price to 109.96 (Murray [3/8]) and the 109.76 (Murray [2/8]) support-zone.
Now the technical indicators reflect the low trading activity and moderate developing of the current sideway trend. Bollinger Bands and Stochastics lines are pointed sideways. MACD volumes are in the positive zone and are moving along the zero line.

Support and resistance

Support levels: 110.54, 110.35, 110.15, 109.96.
Resistance levels: 110.93, 111.13, 111.32, 111.50.

Trading recommendations

Short positions can be opened below the level of 110.54 with the target at around 110.35-109.96 and stop-loss 110.70.
Long positions can be opened above the level of 110.93 with the target at around 111.32-111.50 and stop-loss 110.73.

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GBP/USD: technical analysis 21.02.2019

GBPUSDH421022019-1024x576.png

Current trend

On 4-hour chart, the instrument is correcting down from the upper line of the Bollinger Bands, which coincited with the level of 1.3108. The first target of the correction is the level of 1.2984, which corresponds to the middle line of Bollinger Bands. There is a chance of an upward rebound from the level of 1.2984, while its breakdown would allow the fall to continue to the area of 1.2939 (Murray [4/8])-1.2908 (Murray [3/8]). The upward movement will be restored after the price is set above the level of 1.3061 (Murray [8/8]), that impedes growth to 1.3092 (Murray [+1/8]) – 1.3122 (Murray [+2/8]). Technical indicators mostly keep a buy signal, but the downward correction is possible in the short term. Bands are leaned upwards, reflecting the moderate developing of the upward movement.MACD histogram is in the pozitive zone. Stochastic’s lines are pointed downwards, reflecting the high possibility of the downward correction formation.

Support and resistance

Support levels: 1.3031, 1.3000, 1.2970,1.2939.
Resistance levels: 1.3061, 1.3092, 1.3122, 1.3150.

Trading recommendations

Short positions can be opened below the level of 1.3031 with the target at around 1.3000-1.2970 and stop-loss 1.3050.
Long positions can be opened above the level of 1.3061 with the target at around 1.3092-1.3122 and stop-loss 1.3040.

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AUD/USD: technical analysis 21.02.2019

AUDUSDH421022019-1024x576.png

Current trend

On 4-hour chart, AUD/USD shows a negative dynamic. The price went down below the level of 0.7110 (Murray [2/8]) and can fall further to the levels of 0.7080 (Murray [0/8]). A significant decrease is possible after the breakdown of the level 0.7080, which can develop to the levels of 0.7064 (Murray [-1/8]), 0.7049 (Murray [-2/8]). However, overbought Stochastic could challenge the pair’s downside.
Technical indicators maintain a sell signal. MACD volumes are decreasing in positive zone. Stochastic’s lines are pointed downwards and are reaching the oversold area. Bollinger Bands are leaned downwards.

Support and resistance

Support levels: 0.7095, 0.7080, 0.7064, 0.7049.
Resistance levels: 0.7110, 0.7125, 0.7141, 0.7156.

Trading recommendations

Short positions can be opened below the level of 0.7095 with the target at around 0.7064-0.7049 and stop-loss 0.7015.
Long positions can be opened after the price rebound from the level of 0.7080 with targets at 0.7110-0.7141 and stop-loss at 0.7060.

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      120% After 1 Day
       
      Plan Spent Amount ($) Profit (%) Plan 1 $10.00 - $100.00 120.00 140% after 2 days
      Plan Spent Amount ($) Profit (%) Plan 2 $101.00 - $1000.00 140.00 200% after 2 days
      Plan Spent Amount ($) Profit (%) Plan 3 $1001.00 and more 200.00 300% after 3 days
      Plan Spent Amount ($) Profit (%) Plan 4 $10000.00 and more 300.00  
       
       
       
       
       
    • By elliesmith
      Fcsapi gives forex currency rate api to get the best, most accurate real-time, historical cryptocurrency and exchange trade data. Developers that they use in order to get themselves updated with the instant change in the exchange rate and also to get acknowledged with all the foreign currencies values and their exchange rates
    • By fxfarmerashik
      At present, we live in the era of technology. Technology has absolutely changed our way of life as well as our thinking. Now we are doing the things that were nearly impossible a decade ago.
      Online trading has increased in recent times because of advanced technology. Just like normal trading, automated trading involves creating, buying and selling orders.
      This command is computer generated and transferred automatically to the center of the market or trading center.
      The command generated by a computer program that is part of an algorithm. There are several factors to consider when trading online.
      If you can utilize it in the proper way then it’s definitely a BOOM for all the online traders.
      And especially now it’s the best moment for using automated trading platforms or trading robots whatever you might call them. Because now technology is at it’s highest peak.
      Besides, there are also several factors that you need to give attention like what are the things that you should do or you shouldn’t do in Automated trading. Therefore, I’ve collected a few information on this aspect regarding my point of view.
      Here are the DEETS….
      DO’S in Automated Trading
      Make premarket preparation —
      Every successful trader must make checks to keep market trends before making a sale or purchase order. The market may change from time to time and the trader must check the right order before making or buying them.
      The liquidity ratio and very significant volatility during trading. Keep updating your computer’s software as well. You also need to check out the Forex exchange rates to ensure the right amount to trade with. Before you start trading on comparing the 5 best Forex robot you can venture into the market.
      2. Make a good game plan for the upcoming season —

      As a trader, you must have a good strategy.
      This strategy will involve looking at risks that may arise in the market. Be careful about the risks involved and minimize them. Take opportunities in the marketplace and maximize them. This is called a market survey.
      Many online traders fail during trading because they do not survey the market correctly. You must be a breakdown of the technical potential in and out of the command to increase your success in the trading period.
      3. Make sure you make the evaluation of post-market performance —
      Knowing how you’ve done in the market will help you make good decisions in the future. Taking inventory evaluation after a certain trading period is crucial for the success of any trader. Every trader should make sure that they evaluate their potential in the market and ensure that they grow.
      4. Trade what you can lose —
      In any trade, people are advised to trade what they are prepared to lose. Online trading is like trading Forex and you have to learn the trends, the trick to being successful. Starting from small is very important because it will give you time to learn. $ 10 could be a good start.
      DON’TS on Automated Trading
      Avoid Emotional Trading —
      Same as Forex trading, trading Crypto doesn’t need emotion. If you have realized that you can not make a profit trading period just let go. If you continue trading with emotion, you will end up losing all the money you have. The best thing to do is to stop trading.
      2. Do not lose respect for money —
      Sometimes traders found themselves out of respect for the dollar while trading. This will make the traders to get more losses. Just like I said before, it is important that you start small, trade with money that you are prepared to lose but it is not respectful to lose money. When traders forget the real value of the dollar, they may take unnecessary risks that can cause harm.
      3. Do not be contented —
      The Human mind is packaged in a very funny way. It will be used for things and make money or lose money in the market is no exception. Avoid getting used to trading to extend where losing your money is not a problem for you.
      In the end, if you have set up your mind that you’ll use automated trading then you should know that there are certain risks that you’ll have to face in your automated trading career.
      So, always keep that in mind and make the proper use of technology. If you do that then I think you’ll get promising results.
      GOOD LUCK!
    • By fxfarmerashik
      Forex trading is a learning experience. How do you tell a lot about the psychology of your trading?
      Do you trade emotionally, if you over trade when you see a favorable offer, or if you strategize a lot before the trade?
      But most importantly, how you train and monitor these things?
      That is why it is very important to make psychologically trade journals. This is the go-to weapon for the trading situation is important because it will contain your behavioral tendencies. It makes you realize the pattern of trade that you do not have to follow.
      Do not know where you'll be one of those things. But that's when your psychological trading journal will be useful. When you know your trading patterns, it helps you to stay away from people who may incur losses. So, here are some tips to maximize your trading journal:
      1) BALANCING POSITIVE AND NEGATIVE
      It is easy to write about your mistakes so you do not make them anymore. But you also have to write about the positives. For example, if strategy A and B fails, you can write in your journal. In addition, you also have to write about strategies C and D work.
      Many Forex trading site describes the different errors that traders usually do. Forex Academy is one website that not only shows the error but also tells a different way you can fix it.
      So, your journal should have two parts. The one with the negatives, which contain trading mistakes you should avoid, and secondly, the positive that talks about some of your successful trading strategies. This will help you to work on the negative and turn it into a positive future.
      2) ALWAYS HAVE THE PURPOSE OF TRADING
      Just follow your friends or fellow traders are now the way forward in Forex trading. You should always have a goal-oriented approach.
      For example, if you make a few mistakes on the first trading day, you should aim not to repeat them the next day or next week. Similarly, if you have a satisfactory ROI on your first trade, you should look to follow that strategy and get more in the second attempt.
      However, make sure that you assess the condition of the market while trading. If you are successful the first day, it does not mean the market will remain like that forever. So, keep an eye on the constantly changing market conditions.
      3) ALWAYS HAVE AN OPEN MIND
      As already mentioned, there is so much to learn from a professional Forex trading even would say that they do not have full knowledge of the market. Keeping an open mind is the best way to maximize your trading journal. Learning does not have to be limited to correcting your mistakes.
      There are many new techniques you'll find you start to trade. Do not avoid off this strategy because you trade successfully without assistance.
      Forex trading can be tough at first, but if you have a journal, hard days will be the pillars of success you soon.
      Also read: The Best Automated Trading Software of 2020
    • By infinitemlm
      Forex has become one of the top way for investors to make profits. Forex trading has become a major attraction in Multi-Level Marketing. Here are the list of top MLM Forex companies: https://blog.infinitemlmsoftware.com/top-mlm-forex-companies/
       
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