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

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EUR/USD: technical analysis 22.02.2019

EURUSDH422022019-1024x576.png

Current trend

The EURUSD pair begins today’s trading with slight bearish bias. The instrument is now testing the level of 1.1337 (Murray [7/8]) , which coincided with the middle line of Bollinger Bands. Breaking 1.1322 and holding below it will push the price back to 1.1306 (Murray [3/8])-1.2191 (Murray [4/8]) support-zone. Alternatively, break of of 1.1337, can accelerate the pair towards 1.1352 (Murray [8/8])- 1.1383 (Murray [+2/8]). 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.

Support and resistance

Support levels: 1.1322, 1.1306, 1.1291, 1.1276.
Resistance levels: 1.1333, 1.1352, 1.1362, 1.1383.

Trading recommendations

Long positions can be opened above the level of 1.1337 with the target at around 1.1352-1.1383 and stop-loss 1.1322.
Short positions can be opened below the level of 1.1322 with the target at around 1.1291-1.1276 and stop-loss 1.1340.

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USD/CHF: technical analysis 22.02.2019

USDCHFH422022019-1024x576.png

Current trend

On the 4-hour chart, USD/CHF is trading below the middle line of the Bollinger Bands and key support level 1.0009 (Murray [0/8]). Pair’s sustained trading below the 1.0009 will let USD/CHF fall to the level of 0.9994 (Murray [-1/8])-0.9979 (Murray [-2/8]). If the price is set above the level of 1.0025 (Murray [1/8]), the upward movement can restore, and the instrument can back to 1.0040 (Murray [2/8])-1.0070 (Murray [4/8]) resistance-zone. The technical picture is mixed. Bollinger Bands are converging, reflecting the moderate development of the current downward movement. Stochastic is pointed sideways. MACD volumes are decreasing in the negative zone.

Support and resistance

Support levels: 1.0009, 0.9994, 0.9979, 0.9960.
Resistance levels: 1.0025, 1.0040, 1.0070.

Trading recommendations

Short positions can be opened below the level of 1.0009 with the target at around 0.9994-0.9960 and stop-loss 1.0026.
Long positions can be opened above the level of 1.0025 with the target at around 1.0070 and stop-loss 1.0010.

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USD/CHF: technical analysis 25.02.2019

USDCHFH425022019-1024x576.png

Current trend

On the 4-hour chart, USD/CHF is falling along the lower line of the Bollinger Bands. If the current trend maintains, the next targets of sellers will be the level of 0.9979 (Murray [-2/8]). A significant decrease is possible after the breakdown of the level 0.9979, which can develop to the levels of 0.9955-0.9929. Assuming the pair’s ability to cross 1.0009 (Murray [0/8]), the 1.0025 (Murray [1/8]) and the 1.0040 (Murray [2/8]) can be targeted if holding long positions. Technical indicators reflect the moderate maintenance of the current downward trend. Bollinger Bands are slightly leaned downwards. MACD histogram is in the negative zone keeping a signal for the opening of sell positions. Stochastic is pointed downwards.

Support and resistance

Support levels: 0.9979, 0.9955, 0.9929.
Resistance levels: 1.0009, 1.0025, 1.0055.

Trading recommendations

Short positions can be opened below the level of 0.9979 with the target at around 0.9955-0.9929 and stop-loss 1.0000.
Long positions can be opened above the level of 1.0009 with the target at around 1.0025-1.0055 and stop-loss 0.9995.

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XAU/USD: technical analysis 25.02.2019

XAUUSDH425022019-1024x576.png

Current trend

On 4-hour chart, XAU/USD price went up 1328.12 (Murray [2/8]) level and trying to consolidate above it. The downward trend will be restored after the price is set below the level of 1326.86. In this case, the next targets of sellers will be the level of 1320.31 (Murray [1/8]). Alternatively, break of 1335.93 (middle line of Bollinger Bands) can accelerate the pair towards 1343.75 (Murray [4/8]) but any attempted recovery seems more likely to get sold into aggressively near the 1332.05-1335.93 region.
Technical indicators maintain a sell signal. Bollinger Bands and Stochastic are pointed downwards. MACD volumes are in the positive zone and are moving along the zero line.

Support and resistance

Support levels: 1328.15, 1320.31, 1312.50.
Resistance levels: 1335.93, 1343.75, 1351.56.

Trading recommendations

Short positions can be opened below the level of 1328.15 with the target at around 1320.31 and stop-loss 1330.00.
Long positions can be opened above the level of 1335.93 with the target at around 1343.75 and stop-loss 1334.00.

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NZD/USD: technical analysis 25.02.2019

NZDUSDH425022019-1024x576.png

Current trend

On 4-hour chart, NZD/USD trying to consolidate above the level of 0.6866 (Murray [+1/8]). The upward trend will be restored after the price is set above the level of 0.6897 (Murray [+2/8]). In this case, the raise may continue to the area of 0.6940-0.6967. However, overbought Stochastic could restrict further rise. If the price cannot consolidate above the level of 0.6866, the price can reverse and retest the support level of 0.6835 (Murray [8/8]), which is the middle line of Bollinger Bands . Sustained trading below the 0.6835 mark will push the price back to 0.6805 (Murray [7/8]) -0.6774 (Murray [6/8]).
The technical picture is mixed. Bollinger Bands are pointed sideways. The volumes of MACD histogram are 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: 0.6866, 0.6835, 0.6805, 0.6774.
Resistance levels: 0.6897, 0.6940, 0.6967, 0.7000.

Trading recommendations

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.
Long positions can be opened above the level of 0.6866 with the target at around 0.6897-0.6940 and stop-loss 0.6850.

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GBP/USD: technical analysis 26.02.2019

GBPUSDH426022019-1024x576.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 level of 1.3122 (Murray [7/8]) that holds the gate for its rise to 1.3183 (Murray [8/8]). There is a chance of an downward rebound from the level of 1.3183 , while its breakout would allow the growth to continue to the area of 1.3244 (Murray [+1/8]) level. Alternatively, breakdown of the level and consolidation of the price below the level 1.3122 will let GBP/USD reach the level of 1.3061 (Murray [6/8]). The downward trend will be restored after the price is set below the level of 1.3061, which is the middle line of Bollinger Bands. In this case, the next targets of sellers will be the level of 1.3000 (Murray [5/8]).

Support and resistance

Support levels: 1.3122, 1.3061, 1.3000.
Resistance levels: 1.3183, 1.3244, 1.3305.

Trading recommendations

Long positions can be opened above the level of 1.3122 with the target at around 1.3061-1.3000 and stop-loss 1.3100.
Short positions can be opened below the level of 1.3122 with the target at around 1.3061 and stop-loss 1.3140.

 

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USD/JPY: technical analysis 26.02.2019

USDJPYH426022019-1024x576.png

Current trend

USD/JPY is in the stage of downward correction after raise to the level of 111.23. The first target of the correction is the level of 110.74 (Murray [7/8]), which corresponds to the middle line of Bollinger Bands. If the price is set below the level of 110.74, the downward trend can restore, and the instrument can retest the support level of 110.54 (Murray [6/8])-110.15 (Murray [4/8]). One may speak about upward movement continuation after the price consolidates above the resistance level of 111.32. In this case, the next targets of buyers will be the level of 112.00.
Technical indicators mostly reflect the maintenance of the downward potential. Stochastic has left the overbought area and is pointed downwards. MACD volumes are decreasing in the positive zone. Bollinger Bands are pointed sideways.

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 110.35-110.15 and stop-loss 110.95.
Long positions can be opened above the level of 111.32 with the target at around 111.50-112.00 and stop-loss 110.10.

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AUD/USD: technical analysis 26.02.2019

AUDUSDH426022019-1024x576.png

Current trend

On 4-hour chart, the instrument is correcting down from the 0.7183 mark. The main target of the correction is the level of 0.7130, which corresponds to the middle line of Bollinger Bands. There is a chance of an upward rebound from the level 0.7130, while its breakdown would allow the fall to continue to the area 0.7110 (Murray [2/8])-0.7080 (Murray [0/8]). If the “bulls” manage to raise the rate above the level of 0.7186, the raise can continue to the area of 0.7202 (Murray [8/8]) -0.7232 (Murray [+2/8]).
Technical indicators mostly reflect the moderate maintenance of the current downward trend. Stochastic’s lines are pointed downwards. MACD volumes are decreasing in positive zone. Bollinger Bands are pointed sideways.

Support and resistance

Support levels: 0.7141, 0.7125, 0.7110, 0.7080.
Resistance levels: 0.7171, 0.7186, 0.7202, 0.7232.

Trading recommendations

Short positions can be opened below the level of 0.7130 with the target at around 0.7110-0.7080 and stop-loss 0.7147.
Long positions can be opened above the level of 0.7186 with the target at around 0.7202-0.7232 and stop-loss 0.7170.

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EUR/USD: technical analysis 27.02.2019

EURUSDH427022019-1024x576.png

Current trend

EUR/USD is in the stage of downward correction after raise to the level of 1.1402.

The first target of the correction is the level of 1.1352 (Murray [4/8]), which corresponds to the middle line of Bollinger Bands.
There is a chance of an upward rebound from the level of 1.1352, while its breakdown would allow the fall to continue
to the area of 1.1322 (Murray [3/8]) – 1.1291 (Murray [2/8]).
If the “bulls” manage to raise the rate above the level of 1.1402, the raise can continue to the area of 1.1444 (Murray [7/8]), 1.1474 (Murray [8/8]).

Technical indicators mostly keep a buy signal, but the downward correction is possible in the short term.
Bollinger Bands are pointed upwards.
MACD histogram is in the positive zone keeping a signal for the opening of buy positions.
However, the price has broken the upper border of Bollinger Bands,
the downward correction is not excluded.
Stochastic’s lines are pointed downwards.

Support and resistance

Support levels: 1.1352, 1.1322, 1.1291, 1.1261.
Resistance levels: 1.1413, 1.1444, 1.1474, 1.1505.

Trading recommendations

Long positions can be opened above the level of 1.1413 with the target at around 1.1444-1.1474 and stop-loss 1.1394.
Short positions can be opened below the level of 1.1352 with the target at around 1.1322-1.1291 and stop-loss 1.1370.

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USD/CAD: technical analysis 27.02.2019

USDCAD.eH427022019-1024x576.png

Current trend

The USD/CAD pair begins today’s trading with slight bearish bias. On 4-hour chart, the price went down below the level of 1.1383 (Murray [4/8]) and can fall further to the levels of 1.1353 (Murray [3/8]) and 1.132 (Murray [2/8]). If the price is set above the level of 1.1383, which is the middle line of Bollinger Bands, the upward trend can restore, and the instrument can retest the resistance level of 1.3214 (Murray [5/8])-1.3244 (Murray [6/8]).
Technical indicators mostly maintain a sell signal. Bollinger Bands are slightly leaned downwards, reflecting the moderate developing of the downward trend. MACD histogram is in the negative zone keeping a signal for the opening of sell positions. Stochastic is in the oversold and is pointed sideways.

Support and resistance

Support levels: 1.3153, 1.3122, 1.3092, 1.3061.
Resistance levels: 1.3183,1.3214, 1.3244, 1.3275.

Trading recommendation

Short positions can be opened below the level of 1.3153 with the target at around 1.3122-1.3092 and stop-loss 1.3170.
Long positions can be opened above the level of 1.3183 with the target at around 1.3214 – 1.3244 and stop-loss 1.3163.

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USD/CHF: technical analysis 27.02.2019

USDCHFH427022019-1024x576.png

Current trend

On 4-hour chart, the price went up above the middle line of Bollinger Bands and can grow further to the level of 1.0009 (Murray [0/8]). Assuming the pair’s ability to cross 1.0009 mark, the levels of 1.0025 (Murray [1/8]) and the 1.0055 (Murray [3/8]) can be targeted if holding long positions. Pullbacks below 1.0000 could lead to the 0.9979 (Murray [-2/8]) level. A significant decrease is possible after the breakout of the level 0.9979, which can develop to the levels of 0.9955, 0.9920.
The technical picture is mixed. Bollinger Bands are pointed sideways. MACD volumes are decreasing in the negative zone. Stochastic is poined upwards.

Support and resistance

Support levels: 0.9994, 0.9979, 0.9955, 0.9920
Resistance levels: 1.0009, 1.0025, 1.0055, 1.0070.

Trading recommendations

Long positions can be opened above the level of 1.0009 with the target at around 1.0025 – 1.0055 and stop-loss 0.9995.
Short positions can be opened below the level of 0.9994 with the target at around 0.9955 – 0.9920 and stop-loss 1.0015.

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XAU/USD: technical analysis 28.02.2019

XAUUSDH428022019-1024x576.png

Current trend

On the 4-hour chart, XAU/USD is falling along the lower line of the Bollinger Bands. If the current trend maintains, the next target of sellers will be the level of 1312.50 (Murray [0/8]). The upward trend will be restored after the price is set above the level of 1320.31 (Murray [1/8]). In this case the correction to the area of the level of 1328.12 (the middle line of Bollinger Bands) can develop. Technical indicators mostly keep a sell signal. Bollinger Bands are diverging, reflecting the active development of the downward trend. The volumes of MACD histogram are growing in the negative zone. Stochastic’s lines are pointed downwards and are reaching the oversold area.

Support and resistance

Support levels: 1312.50, 1304.68, 1296.87.
Resistance levels: 1320.31, 1328.12, 1335.93.

Trading recommendations

Short positions can be opened from the level of 1318.00 with the target at around 1312.50 and stop-loss 1320.00.
Long positions can be opened above the level of 1320.31 with the target at around 1328.12 and stop-loss 1318.30.

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NZD/USD: technical analysis 28.02.2019

NZDUSDH428022019-1024x576.png

Current trend

On 4-hour chart, NZD/USD is trading in a bear trend and went down below the the middle line of Bollinger Bands. The price has tested the support level of 0.6835 (Murray [4/8]) and was slightly corrected upwards, but the downward trend maintains. A significant decrease is possible after the breakout of the level 0.6835, which can develop to the levels of 0.6805 (Murray [3/8]), 0.6774 (Murray [2/8]). If the instrument cannot consolidate below the level of 0.6835, the correction to the area of the level of 0.6872 (the middle line of Bollinger Bands) can develop. The break of 0.6872 can accelerate the pair towards 0.6897 (Murray [6/8]) – 0.6927 (Murray [7/8]) area.
The technical picture is mixed. Bollinger Bands are pointed sideways. MACD histogram is ready to enter the negative zone and form a sell signal. Stochastic is in the oversold area and is pointed upwards reflecting the possibility of the upward movement formation.

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

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.
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.

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USD/CHF: technical analysis 28.02.2019

USDCHFH428022019-1024x576.png

Current trend

On 4-hour chart, the price went down below the middle line of Bollinger Bands and can fall further to the level of 0.9979 (Murray [-1/8]). If the pair refrains to respect the 0.9979 support, the levels 0.9948 (Murray [-2/8]) and 0.9921 levels could be set as the next sellers targets. Alternatively, breakout of 0.9996 can accelerate the pair towards 1.0009 (Murray [0/8]). Additionally, pair’s sustained trading above the 1.0009 will let the price to grow to the area of 1.0040 (Murray [1/8]).
Technical indicators mostly keep a sell signal. Bollinger Bands are diverging, reflecting the active development of the downward trend. The volumes of MACD histogram are growing in the negative zone. Stochastic’s lines are pointed downwards.

Support and resistance

Support levels: 0.9979, 0.9948, 0.9921.
Resistance levels: 0.9996, 1.0009, 1.0040.

Trading recommendations

Short positions can be opened below the level of 0.9979 with the target at around 0.9948-0.9921 and stop-loss 1.0000.
Long positions can be opened above the level of 0.9996 with the target at around 1.0009-1.0040 and stop-loss 0.9980.

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GBP/USD: technical analysis 01.03.2019

GBPUSDH401032019-1024x576.png

Current trend

On the 4-hour chart, the GBP/USD pair trading with slight bearish bias. Now the price is consolidating around a strong supoort near 1.3261, which corresponds to the middle line of Bollinger Bands. The downward trend will be restored after the price is set below the level of 1.3261. In this case, the next targets of sellers will be the level of 1.3061 (Murray [3/8]). Pullbacks below 1.3061 could lead to the 1.2939 (Murray [2/8]) and 1.2817 level (Murray [1/8]). Alternatively, break of 1.3305 (Murray [5/8]) can accelerate the pair towards 1.3427 (Murray [6/8]). Hence, any attempted recovery seems more likely to get sold into aggressively near the 1.3305-1.3427 area.
Technical indicators reflect the moderate maintenance of the current downward trend. MACD volumes are decreasing in the positive zone. Stochastic is pointed downwards. Bollinger Bands are converging, reflecing the relative calmness of the markets.

Support and resistance

Support levels: 1.3183, 1.3061, 1.2939.
Resistance levels: 1.3305, 1.3427, 1.3500.

Trading recommendations

Short positions can be opened below the level of 1.3261 with the target at around 1.3061 and stop-loss 1.3280.
Long positions can be opened above the level of 1.3349 with the target at around 1.3427 and stop-loss 1.3325.

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USD/JPY: technical analysis 01.03.2019

USDJPYH401032019-1024x576.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 111.71 (Murray [8/8]). Breakout of this level will let the price to grow to the area of 111.91 (Murray [+1/8]) – 112.10 (Murray [+2/8]). However, overbought Stochastic and two-month old resistance-line, could restrict further rise. Pullbacks below 111.52 (Murray [7/8]) could lead USD/JPY to the 111.32 (Murray [6/8]) and 110.93 (Murray [4/8]) level.
Technical indicators reflect the maintenance of the current upward dynamics. Bollinger Bands are diverging. MACD is slowly growing in the positive zone, keeping a buy signal. Stochastic is pointed upwards.

Support and resistance

Support levels: 111.52, 111.32, 111.13, 110.93.
Resistance levels: 111.71, 111.91, 112.10, 112.30.

Trading recommendations

Short positions can be opened below the level of 111.52 with the target at around 111.32-110.93 and stop-loss 111.70.
Long positions can be opened above the level of 111.71 with the target at around 111.91-112.30 and stop-loss 111.50.

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AUD/USD: technical analysis 01.03.2019

AUDUSDH401032019-1024x576.png

Current trend

On 4-hour chart, AUD/USD shows a negative dynamic. The price is approaching a strong support in the region of 0.7080 (Murray [4/8]). There is a chance of an upward rebound, while its breakdown would allow the fall to continue to the area of 0.7064 (Murray [-1/8]) – 0.7049 (Murray [-2/8]). If the “bulls” manage to raise the rate above the level of 0.7110 (Murray [2/8]), the correction can continue to the area of 0.7125 (Murray [3/8]) – 0.7141 (Murray [4/8]). Technical indicators maintain a sell signal. Bollinger Bands are pointed downwards. The volumes of MACD histogram are growing in the negative zone. Stochastic is in the oversold zone and is pointed sideways.

Support and resistance

Support levels: 0.7080, 0.7064, 0.7049, 0.7030.
Resistance levels: 0.7095, 0.7110, 0.7125, 0.7141.

Trading recommendations

Short positions can be opened below the level of 0.7080 with the target at around 0.7049 – 0.7030 and stop-loss 0.7097.
Long positions can be opened above the level of 0.7095 with the target at around 0.7125 – 0.7141 and stop-loss 0.7078.

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USD/CAD: technical analysis 04.03.2019

USDCAD.eH404032019-1-1024x576.png

Current trend

On the 4-hour chart, USD/CAD is growing along the upper line of the Bollinger Bands. Now the price has met the significant resistance around of the level 1.3305 (Murray [8/8]),that holds the gate for its rise to 1.3336 (Murray [+1/8]) and then to the 1.3366 (Murray [+2/8]) resistance-line. If USD/CAD cannot consolidate above the level of 1.3305, the downward trend restoration and pullback to the levels 1.3244 (Murray [6/8]), 1.3214 (Murray [5/8]) 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. 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.

Support and resistance

Support levels: 1.3275, 1.3244, 1.3214, 1.3183.
Resistance levels: 1.3305, 1.3336, 1.3366, 1.3370.

Trading recommendations

Short positions can be opened below the level of 1.3275 with the target at around 1.3244-1.3214 and stop-loss 1.3295.
Long positions can be opened above the level of 1.3305 with the target at around 1.3336-1.3366 and stop-loss 1.3285

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EUR/USD: technical analysis 04.03.2019

EURUSDH404032019-1024x576.png

Current trend

On the 4-hour chart, EUR/USD is trading below the middle line of the Bollinger Bands. If the current trend maintains, the next targets of sellers will be the level of 1.1352 (Murray [4/8]). There is a chance of an upward rebound from the level of 1.1352, while its breakdown would allow the fall to continue to the area of 1.1322 (Murray [3/8]) – 1.1291 (Murray [2/8]). If the “bulls” manage to raise the rate above the level of 1.1383, the raise can continue to the area of 1.1413 (Murray [6/8]), 1.1444 (Murray [7/8]).
Technical indicators maintain a sell signal.Bollinger Bands are slightly leaned downwards. MACD volumes are decreasing in the positive zone and ready to enter the negative zone.Stochastic’s lines are pointed downwards and are reaching the oversold area.

Support and resistance

Support levels: 1.1352, 1.1322, 1.1291, 1.1261.
Resistance levels: 1.1383, 1.1413, 1.1444, 1.1474.

Trading recommendations

Short positions can be opened below the level of 1.1352 with the target at around 1.1322-1.1291 and stop-loss 1.1370.
Long positions can be opened above the level of 1.1383 with the target at around 1.1413-1.1444 and stop-loss 1.1363.

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USD/CHF: technical analysis 04.03.2019

USDCHFH404032019-1024x576.png

Current trend

On 4-hour chart, the price went up above the middle line of Bollinger Bands and can grow further to the levels of 1.0009 (Murray [4/8]). The upward trend will be restored after the price is set above the level of 1.0009. In this case, the next targets of buyers will be the area of 1.0040 (Murray [5/8]) – 1.0070 (Murray [6/8]). Pullbacks below 0.9979 (Murray [3/8]) could lead to the 0.9948 (Murray [2/8]) and 0.9918 (Murray [1/8]) level.
The technical picture is mixed. Bollinger Bands and Stochastic are pointed sideways. MACD volumes are decreasing in the negative zone.

Support and resistance

Support levels: 0.9979, 0.9948, 0.9918.
Resistance levels: 1.0009, 1.0040, 1.0070.

Trading recommendations

Short positions can be opened below the level of 0.9979 with the target at around 0.9948-0.9918 and stop-loss 1.0000.
Long positions can be opened above the level of 1.0009 with the target at around 1.0040-1.0070 and stop-loss 0.9990.

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      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/
       
    • By CHARLIENAJJAR
      NAJJAR INVEST - Trading Experts over 18 years within the Forex Trading and Financial Markets.
      Grow up your Funds with the most Accurate Forex Signals and Markets Forecast – Money Back Guarantee 100%
      Learn the Secrets with the Top Trading Strategies in Forex Markets
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