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

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XAU/USD: technical analysis 15.04.2019

XAUUSDH415042019-1024x576.png

Current trend

On 4-hour chart, the instrument is falling down from the lower line of the Bollinger Bands. The lack of long-term corrections reflects the strength of the current trend. If the current trend maintains, the next targets of sellers will be the level of 1281.25 (Murray [0/8]). The 1285.16 (Murray [1/8]) level might offer intermediate halt during the plunge to 1281.25 mark. If the “bulls” manage to raise the rate above the level of 1292.97 (Murray [3/8]), the correction can continue to the area of 1296.88 (Murray [4/8]), which coincided with the middle line of Bollinger Bands. Technical indicators reflect the moderate maintenance of the current downward trend. Bollinger Bands are leaned downwards. MACD histogram is in the negative zone keeping a signal for the opening of sell positions. Stochastic has left the oversold area and is pointed upwards, reflecting the high possibility of the upward movement formation.

Support and resistance

Support levels: 1289.06, 1285.16, 1281.25, 1277.34.
Resistance levels: 1292.97, 1296.88, 1300.78.

Trading recommendations

Short positions can be opened below the level of 1289.09 with the target at around 1285.16-1281.25 and stop-loss 1291.10.
Long positions can be opened above the level of 1292.97 with the target at around 1296.88 and stop-loss 1291.60.

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EUR/USD: technical analysis 15.04.2019

EURUSDH415042019-1024x576.png

Current trend

The EURUSD pair begins today’s trading with slight bullish bias. The price has tested the resistance level of 1.1314 and was slightly corrected downwards, but the general upwarsd trend maintains. The upward trend will be restored after the price is set above the level of 1.1322 (Murray [3/8]). In this case the buyers will aim for the 1.1352 (Murray [4/8])-1.1383 (Murray [5/8]) resistance-zone. Pullbacks below 1.1282 could lead the price to the 1.1261 (Murray [1/8])-1.1230 (Murray [0/8]) area. Technical indicators mostly keep a buy signal, but the downward correction is possible in the short term. MACD is in the positive zone. Stochastic’s lines are pointed downwards. Meanwhile, the price has broken the upper border of Bollinger Bands, the downward correction is not excluded.

Support and resistance

Support levels: 1.1291, 1.1261, 1.1230, 1.1200.
Resistance levels: 1.1322, 1.1352, 1.1383, 1.1413.

Trading recommendations

Long positions can be opened above the level of 1.1322 with the target at around 1.1352-1.1383 and stop-loss 1.1300.
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 16.04.2019

GBPUSDH416042019-1024x576.png

Current trend

On the 4-hour chart, GBP/USD is moderately slipping. At the moment the price has met the support at the level of 1.3092 (Murray [5/8]), which coincided with the middle line of Bollinger Bands. The breakdown of this level will let GBP/USD fall to the level of 1.3061 (Murray [4/8]). The area of 1.3061 level seem the key support as break of which can diver market to 1.3031-1.3000 rest-points. The upward trend will be restored after the price is set above the level of 1.3122 (Murray [7/8]). In this case, the level of 1.3183 (Murray [8/8]) can be targeted if holding long positions. Technical indicators reflect the moderate maintenance of the current downward trend. Bollinger Bands and Stochacti are slightly leaned downwards. MACD volumes are decreasing in the positive zone.

Support and resistance

Support levels:n 1.3092, 1.3061, 1.3031, 1.3000.
Resistance levels: 1.3122, 1.3153, 1.3183, 1.3214.

Trading recommendations

Short positions can be opened below the level of 1.3092 with the target at around 1.3061-1.3031 and stop-loss 1.3110.
Long positions can be opened above the level of 1.3122 with the target at around 1.3153-1.3183 and stop-loss 1.3100.

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USD/JPY: technical analysis 16.04.2019

USDJPYH416042019-1024x576.png

Current trend

USD against the Japanese yen continues to consolidate in the side channel after a significant rise over the last week. USD/JPY begins today’s trading with slight bearish bias. The first target for the sellers is the level of 111.71 (Murray [4/8]), which corresponds to the middle line of Bollinger Bands. One may speak about downward movement continuation after the price consolidates below this level. In this case, the next targets of sellers will be the area of 111.52 (Murray [3/8])-111.13 (Murray [2/8]). If the price cannot consolidate above the level of 111.71, the price can reverse and retest the support level of 112.10 (Murray [6/8]), that holds the gate for its rise to 112.30 (Murray [7/8]) and then to the 112.50 (Murray [8/8]) resistance-line. The technical picture is mixed. Bollinger Bands are pointed upwards. MACD volumes are decreasing in the positive zone. Stochastic is directed downwards.

Support and resistance

Support levels: 111.91, 111.52, 111.13.
Resistance levels: 112.10, 112.30, 112.50.

Trading recommendations

Short positions can be opened below the level of 111.91 with the target at around 111.52 and stop-loss 112.04.
Long positions can be opened above the level of 112.10 with the target at around 112.30-112.50 and stop-loss 115.95.

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NZD/USD: technical analysis 18.04.2019

NZDUSDH418042019-1024x576.png

Current trend

On 4-hour chart, NZD/USD is moderately slipping. The instrument is now testing the level of 0.6713 (Murray [4/8]), which seem a key level for the sellers in short term period. Should prices continue slipping under 0.6698, the levels of 0.6683 (Murray [2/8]) and the 0.6668 (Murray [1/8]) might try activating a upward rebound. A significant decrease is possible after the breakout of the level 0.6668, which can develop to the levels of 0.6652 (Murray [0/8]), 0.6637 (Murray [-1/8]). If the “bulls” manage to raise the rate above the level of 0.6744, the rise can continue to the area of 0.6774 (Murray [8/8]). Now the technical indicators reflect the moderate developing of the current downward trend. Bollinger Bands and Stochastic are pointed downwards. MACD histogram is in the negative zone keeping a signal for the opening of sell positions.

Support and resistance

Support levels: 0.6713, 0.6683, 0.6652, 0.6637.
Resistance levels: 0.6729, 0.6744, 0.6759, 0.6774.

Trading recommendations

Short positions can be opened below the level of 0.6713 with the target at around 0.6683-0.6652 and stop-loss 0.6763.
Long positions can be opened above the level of 0.6729 with the target at around 0.6744-0.6774 and stop-loss 0.6714.

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XAU/USD: technical analysis 18.04.2019

XAUUSDH418042019-1024x576.png

Current trend

On 4-hour chart, the instrument is falling down along the lower line of the Bollinger Bands. The lack of long-term corrections reflects the strength of the current trend. The price went down below the level of 1273.44 (Murray [3/8]) and can fall further to the levels of 1265.63 (Murray [2/8]). Alternatively, pullback above 1273.44 could lead the price to the level of 1281.25 (Murray [4/8]), that could potentially be the main target of short term correction. Technical indicators reflect the moderate maintenance of the current downward trend. Bollinger Bands are leaned downwards. The volumes of MACD histogram are growing in the negative zone. Stochastic is in the oversold zone and is pointed downwards.

Support and resistance

Support levels: 1273.44, 1265.63, 1257.81, 1250.00.
Resistance levels: 1281.25, 1289.06, 1296.88, 1304.69.

Trading recommendations

Short positions can be opened below the level of 1273.44 with the target at around 1265.63 and stop-loss 12975.00.
Long positions can be opened above the level of 1273.44 with the target at around 1281.25 and stop-loss 1271.00.

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USD/CHF: technical analysis 18.04.2019

USDCHFH418042019-1024x576.png

Current trend

USD/CHF is in the stage of downward correction after rising to the level of 1.0109, but the general upward trend is still maintained, which is confirmed by technical indicators. The main target of the correction is the area of 1.0070 (Murray [1/8]) – 1.0064, which corresponds to the middle line of Bollinger Bands. If the pair refrains to respect the 1.0064 support, the downward dynamic can develop. In this case, the next targets of sellers will be the level of 1.0040 (Murray [1/8]). Alternatively, break of 1.0109 can accelerate the pair towards 1.0131 (Murray [4/8])-1.0162 (Murray [5/8]). Technical indicators mostly keep a buy signal, but the downward correction is possible in the short term. Bollinger Bands are pointed upwards. MACD volumes are in the pozitive zone and are moving along the zero line. Stochastic has left the overbought area and is pointed downwards, reflecting the high possibility of the downward movement formation.

Support and resistance

Support levels: 1.0070, 1.0040, 1.0009, 0.9979.
Resistance levels: 1.0109, 1.0131, 1.0162, 1.0190.

Trading recommendations

Long positions can be opened above the level of 1.0109 with the target at around 1.0131-1.0162 and stop-loss 1.0090.
Short positions can be opened below the level of 1.0090 with the target at around 1.0070-1.0040 and stop-loss 1.0107.

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GBP/USD: technical analysis 19.04.2019

GBPUSDH419042019-1024x576.png

Current trend

On 4-hour chart, GBP/USD is correcting up from the lower line of the Bollinger Bands. The pair bounced off the 1.2977 horizontal-support but is yet to cross the 1.3000 (Murray [0/8]) resistance that impedes growth to 1.3031 (Murray [2/8]). The level of 1.3031 seem a key level of an upward correction. There is a chance of an downward rebound, while its breakout would allow the rise to continue. The downward trend will be restored after the price is set below the level of 1.2970 (Murray [-2/8]). In this case, the next targets of sellers will be the area of 1.2945-1.2915. Technical indicators mostly keep a sell signal, but the upward correction is possible in the short term. Bollinger Bands are pointed downwards. MACD volumes are decreasing in the negative zone. Stochastic has left the overold area and is pointed upwards, reflecting the high possibility of the upward movement formation.

Support and resistance

Support levels: 1.2970, 1.2945, 1.2915.
Resistance levels: 1.3000, 1.3031, 1.3061.

Trading recommendations

Short positions can be opened below the level of 1.2970 with the target at around 1.2945-1.2915 and stop-loss 1.2988.
Long positions can be opened above the level of 1.3000 with the target at around 1.3031-1.3061 and stop-loss 1.2980.

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AUD/USD: technical analysis 19.04.2019

AUDUSDH419042019-1024x576.png

Current trend

AUD/USD is in the stage of upward correction after falling to the level of 0.7135, but the downward trend is still maintained, which is confirmed by technical indicators. The first target of the correction is the level of 0.7163, which corresponds to the middle line of Bollinger Bands. If the “bulls” manage to raise the rate above this level, the correction can continue to the area of 0.7186 (Murray [7/8]) -0.7202 (Murray [8/8]). Failure to conquer the 0.7163 mark seems fetching the AUDUSD to 0.7141 (Murray [4/8]) support, but its further downside might be confined by the levels 0.7125 (Murray [3/8])-0.7110 (Murray [2/8]) . Technical indicators mostly keep a sell signal, but the upward correction is possible in the short term.Bollinger Bands are leaned downwards. MACD volumes are increasing in the negative zone. Stochastic has left the overold area and is pointed upwards, reflecting the high possibility of the upward movement formation.

Support and resistance

Support levels: 0.7141, 0.7125, 0.7110, 0.7095.
Resistance levels: 0.7163, 0.7186, 0.7202, 0.7232.

Trading recommendations

Short positions can be opened below the level of 0.7141 with the target at around 0.7125-0.7110 and stop-loss 0.7158.
Long positions can be opened above the level of 0.7163 with the target at around 0.7186-0.7202 and stop-loss 0.7143.

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USD/JPY: technical analysis 19.04.2019

USDJPYH419042019-1024x576.png

Current trend

USD/JPY pair continues to consolidate in the side channel after. Today we can see a slight bearish bias. The price trying to consolidate below the level of 111.88, that holds the gate for its downside to the level of 111.71 (Murray [4/8]). The downward trend will be restored after the price is set below this level. In this case, the next targets of sellers will be the area of 111.52 (Murray [3/8])-111.32 (Murray [2/8]). If USD/JPY cannot consolidate below the level of 111.88, the price can reverse and retest the resistance level of 112.10 (Murray [6/8]). The breakout of the level 112.10 will let the price grow to the level of 112.30 (Murray [7/8])-112.50 (Murray [8/8]). The technical picture is mixed. Bollinger Bands are pointed sideways. MACD volumes are decreasing in the positive zone. Stochastic is directed downwards.

Support and resistance

Support levels: 111.91, 111.71, 111.52, 111.32.
Resistance levels: 112.10, 112.30, 112.50, 112.69.

Trading recommendations

Short positions can be opened below the level of 111.88 with the target at around 111.52-111.32 and stop-loss 112.06.
Long positions can be opened above the level of 112.10 with the target at around 112.50-112.69 and stop-loss 111.90.

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EUR/USD: technical analysis 22.04.2019

EURUSDH422042019-1024x576.png

Current trend

EUR/USD is in the stage of upward correction , but the downward trend is still maintained, which is confirmed by technical indicators. The pair bounced off the 1.1230 (Murray [0/8]) horizontal-support but is yet to consolidate above the 1.1245 (Murray [1/8]) resistance that impedes growth to 1.1261 (Murray [2/8]) resistance-line. If the “bulls” manage to raise the rate above the level of 1.1261, the correction can continue to the area of 1.1291 (Murray [4/8]), 1.1306 (Murray [5/8]). The downward trend will be restored after the price is set below the level of 1.1230. In this case, the next targets of sellers will be the area of levels 1.1200 (Murray [-2/8])-1.1183 . Technical indicators mostly keep a sell signal, but the upward correction is possible in the short term. Bollinger Bands are pointed downwards. MACD volumes are decreasing in the negative zone. Stochastic’s lines are pointed downwards.

Support and resistance

Support levels: 1.1230, 1.1200, 1.1182, 1.1150.
Resistance levels: 1.1245, 1.1276, 1.1291, 1.1306.

Trading recommendations

Long positions can be opened above the level of 1.1261 with the target at around 1.1291-1.1306 and stop-loss 1.1240.
Short positions can be opened below the level of 1.1230 with the target at around 1.1200-1.1182 and stop-loss 1.1247

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USD/CAD: technical analysis 22.04.2019

USDCADH422042019-1024x576.png

Current trend

On 4-hour chart, USD/CAD is correcting down from the level of 1.3392. The instrument is now testing the level of 1.3359, which coincided with the middle line of Bollinger Bands. Breakdown of this level will let the price to fall to the area of 1.3336 (Murray [5/8])-1.3305 (Murray [4/8]). Alternatively, breakout of 1.3392 can accelerate the pair towards 1.3427 (Murray [8/8]). Meanwhile, any attempted recovery seems more likely to get sold into aggressively near the 1.3397 (Murray [7/8]) region. Technical indicators reflect the moderate maintenance of the current downward trend. Bollinger Bands are slightly leaned downwards. MACD volumes are decreasing in the positive zone. Stochastic’s lines are pointed downwards and are reaching the oversold area.

Support and resistance

Support levels: 1.3359, 1.1336, 1.3305, 1.3275.
Resistance levels: 1.3366, 1.3397, 1.3427, 1.3458.

Trading recommendations

Short positions can be opened below the level of 1.3360 with the target at around 1.3305 and stop-loss 1.3378.
Long positions can be opened above the level of 1.3366 with the target at around 1.3397-1.3427 and stop-loss 1.3340.

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USD/CHF: technical analysis 22.04.2019

USDCHFH422042019-1024x576.png

Current trend

The USD/CHF pair begins today’s trading with slight bullish bias. If the current trend maintains, the next targets of buyers will be the level of 1.0162 (Murray [5/8]). The area of 1.0162 level can prevent the instrument form growing, as the possibility of the reverse of the price is high there. One may speak about downward movement continuation after the price consolidates below the support level of 1.0131 (Murray [4/8]). In this case, the next targets of sellers will be the levels of 1.0101 (Murray [3/8]), 1.0070 (Murray [2/8]). Technical indicators mostly keep a buy signal, but the downward correction is possible in the short term. Bollinger Bands are pointed upwards. MACD volumes are decreasing in the negative zone. Stochastic has left the overbought area and is pointed upwards.

Support and resistance

Support levels: 1.0131, 1.0101, 1.0070, 1.0040.
Resistance levels: 1.0162, 1.0190, 1.0210.

Trading recommendations

Long positions can be opened above the level of 1.0162 with the target at around 1.0190-1.0210 and stop-loss 1.0134.
Short positions can be opened below the level of 1.0131 with the target at around 1.0101-1.0070 and stop-loss 1.0150.

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NZD/USD: technical analysis 23.04.2019

NZDUSDH423042019-1024x576.png

Current trend

On 4-hour chart, NZD/USD is falling down along the lower line of the Bollinger Bands. The instrument is now testing the level of 0.6668 (Murray [1/8]). The lack of long-term corrections reflects the strength of the current trend. If the current trend maintains, the next targets of sellers will be the level of 0.6652 (Murray [0/8]). Assuming the pair’s ability to cross 0.6652, the level of 0.6622 can be targeted if holding short positions. The upward movement will be restored after the price is set above the level of 0.6683 (Murray [2/8]), which is the middle line of Bollinger Bands. In this case, the raise can continue to the area of 0.6698 (Murray [3/8])-0.6713 (Murray [4/8]). Now the technical indicators reflect the moderate developing of the current downward trend. Bollinger Bands and Stochastic are pointed downwards. MACD histogram is in the negative zone keeping a signal for the opening of sell positions.

Support and resistance

Support levels: 0.6668, 0.6652, 0.6637, 0.6622.
Resistance levels: 0.6683, 0.6698, 0.6713, 0.6729.

Trading recommendations

Short positions can be opened below the level of 0.6668 with the target at around 0.6637-0.6622 and stop-loss 0.6684.
Long positions can be opened above the level of 0.6683 with the target at around 0.6698-0.6713 and stop-loss 0.6673.

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USD/CAD: technical analysis 23.04.2019

USDCADH423042019-1024x576.png

Current trend

On 4-hour chart, USD/CAD is correcting down from the level of 1.3392. The instrument is now testing the level of 1.3359, which coincided with the middle line of Bollinger Bands. Breakdown of this level will let the price to fall to the area of 1.3336 (Murray [5/8])-1.3305 (Murray [4/8]). Alternatively, breakout of 1.3392 can accelerate the pair towards 1.3427 (Murray [8/8]). Meanwhile, any attempted recovery seems more likely to get sold into aggressively near the 1.3397 (Murray [7/8]) region. Technical indicators reflect the moderate maintenance of the current downward trend. Bollinger Bands are slightly leaned downwards. MACD volumes are decreasing in the positive zone. Stochastic’s lines are pointed downwards and are reaching the oversold area.

Support and resistance

Support levels: 1.3359, 1.1336, 1.3305, 1.3275.
Resistance levels: 1.3366, 1.3397, 1.3427, 1.3458.

Trading recommendations

Short positions can be opened below the level of 1.3360 with the target at around 1.3305 and stop-loss 1.3378.
Long positions can be opened above the level of 1.3366 with the target at around 1.3397-1.3427 and stop-loss 1.3340.

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XAU/USD: technical analysis 23.04.2019

XAUUSDH423042019-1024x576.png

Current trend

XAU/USD quotes attempted to grow, but reaching 1279.74 mark moved to a decline. The instrument is now testing the support level of 1273.44 (Murray [3/8]). If the price is set below the level of 1273.44, the downward trend can continue, and the instrument can test the next support level of 1265.63 (Murray [2/8]). Alternatively, pullback above 1275.26 could lead the price to the level of 1281.25 (Murray [4/8]), that can restrict a further upside. Technical indicators reflect the moderate maintenance of the current downward trend. Bollinger Bands are slightly leaned downwards. 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: 1273.44, 1265.63, 1257.81, 1250.00.
Resistance levels: 1281.25, 1289.06, 1296.88, 1304.69.

Trading recommendations

Short positions can be opened below the level of 1273.44 with the target at around 1265.63 and stop-loss 1275.00.
Long positions can be opened above the level of 1275.26 with the target at around 1281.25 and stop-loss 1273.00.

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GBP/USD: technical analysis 24.04.2019

GBPUSDH424042019-1024x576.png

Current trend

On the 4-hour chart, the instrument is falling along the lower line of the Bollinger Bands. The EURUSD pair approached the key support 1.2939 (Murray [0/8]) this morning. Assuming the pair’s ability to cross 1.2939, the levels of 1.2909 (Murray [-1/8]) and the 1.2878 (Murray [-2/8]) can be targeted if holding sell positions. The area of 1.2878 level can prevent the instrument from falling, as the possibility of the reverse of the price is high there. The upward trend will be restored after the price is set above the level of 1.2970, which is the middle line of Bollinger Bands. In this case the buyers will aim for the 1.3000 (Murray [2/8])-1.3031 (Murray [3/8]) resistance-zone. Technical indicators mostly keep a sell signal, but the upward correction is possible in the short term. Bollinger Bands are diverging, reflecting the active development of the current downwards trend. MACD volumes are decreasing in the negative zone. Stochastic is in the oversold area and is pointed upwards, reflecting the high possibility of the upward movement formation.

Support and resistance

Support levels: 1.2939, 1.2908, 1.2878, 1.2848.
Resistance levels: 1.2970, 1.3000, 1.3031, 1.3061.

Trading recommendations

Short positions can be opened below the level of 1.2939 with the target at around 1.2908-1.2878 and stop-loss 1.2960.
Long positions can be opened above the level of 1.2970 with the target at around 1.3000-1.3031 and stop-loss 1.2950.

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AUD/USD: technical analysis 24.04.2019

AUDUSDH424042019-1024x576.png

Current trend

On 4-hour chart, the instrument shows a negative dynamic. The price went down below the level of 0.7049 (Murray [-1/8]) and can fall further to the levels of 0.7019 (Murray [-2/8]). Should prices continue slipping under 0.7019, the levels of 0.7002 and the 0.6982 might try activating a upward rebound. Pullback above 0.7049 could lead the price back to the 0.7080 and 0.7110 level. Technical indicators reflect the active maintenance of the current downward trend. Bollinger Bands are diverging. MACD is actively growing in the negative zone. Stochastic’s lines are pointed downwards and are reaching the oversold area.

Support and resistance

Support levels: 0.7019, 0.7002, 0.6982, 0.6960.
Resistance levels: 0.7049, 0.7080, 0.7110, 0.7141.

Trading recommendations

Short positions can be opened below the level of 0.7019 with the target at around 0.7002-0.6982 and stop-loss 0.7032.
Long positions can be opened above the level of 0.7049 with the target at around 0.7080-0.7110 and stop-loss 0.7030

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USD/JPY: technical analysis 24.04.2019

USDJPYH424042019-1024x576.png

Current trend

The USD/JPY pair begins today’s trading with slight bearish bias on its way to the key support line 111.71 (Murray [4/8]). The downward trend will be restored after the price is set below this level. In this case, the next targets of sellers will be the area of 111.52 (Murray [3/8])-111.32 (Murray [2/8]). If USD/JPY cannot consolidate below the level of 111.71 in short term period, the price can reverse and retest the resistance level of 111.91 (Murray [5/8]), which coincided with the middle line of Bollinger Bands. If the “bulls” manage to raise the rate above the level of 111.91, the correction can continue to the area of 112.02-112.10 (Murray [6/8]. Meanwhile, any attempted recovery seems more likely to get sold into aggressively near this region. Technical indicators reflect the moderate maintenance of the current downward trend. Bollinger Bands are pointed downwards. MACD histogram is in the negative zone keeping a signal for the opening of sell positions. Stochastic is pointed downwards.

Support and resistance

Support levels: 111.71, 111.52, 111.32, 111.13.
Resistance levels: 111.91, 112.10, 112.30, 112.50.

Trading recommendations

Short positions can be opened below the level of 111.71 with the target at around 111.52-111.32 and stop-loss 111.80.
Long positions can be opened above the level of 111.91 with the target at around 112.10-112.30 and stop-loss 111.81.

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EUR/USD: technical analysis 25.04.2019

EURUSDH425042019-1024x576.png

Current trend

On the 4-hour chart, the instrument is actively falling. At the moment the price has met the support at the level of 1.1140 and was slightly corrected upwards. A significant decrease is possible after the breakdown of the level 1.1138 (Murray [5/8]), which can develop to the levels of 1.1108 (Murray [4/8]), 1.1077 (Murray [3/8]). Alternatively, pullback above 1.1169 will let the price to grow to the area of 1.1200 (Murray [3/8])-1.1230 (Murray [4/8]). Technical indicators mostly keep a sell signal, but the upward correction is possible in the short term. Bollinger Bands are pointed downwards. MACD volumes are increasing in the negative zone. Stochastic is ready to exit the oversold zone and form a buy signal.

Support and resistance

Support levels: 1.1138, 1.1108, 1.1077.
Resistance levels: 1.1169, 1.1200, 1.1230.

Trading recommendations

Short positions can be opened below the level of 1.1138 with the target at around 1.1108-1.1077 and stop-loss 1.1160.
Long positions can be opened above the level of 1.1169 with the target at around 1.1200-1.1230 and stop-loss 1.1150.

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      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/
       
    • 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
    • By ICO ACEE
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