Amega - Daily Technical Analysis

[AmegaFX]

Review NZD/USD 9.08.2018

Long-term trend: Bear

Medium-term trend: Bear

After the price is fixed below the control resistance zone №1 0.67953-0.67898 the medium-term trend has changed to the bear market. After the price has rebounded the control resistance zone №2 the price has already reached the target zone №1 0.67403-0.67293 and the target zone №2 0.66743-0.66688 with the potential to reach the target zone №3 0.66193-0.66083. The best prices to try to have a short position are the control resistance zone №2 0.67242-0.67187. In case of the price is fixed upper the control resistance zone №2 the medium-term trend will be changed to the bull market and all short positions should be closed.



Trading recommendations:
It’s recommended to try to have a short position near the control resistance zone №2 with using the pattern «Head&Shoulders».
The control resistance zone №2 is constructed from the current minimum. If this minimum changes by n points the zones should also be shifted n points down. The risk/reward ratio for every order should be at least 1/3.
All zones are constructed on the basis of data from the CME futures market.

Source: Forex analysis from the broker AMEGA

[AmegaFX]

Review EUR/USD 17.08.2018

Long-term trend: Bearish

Medium-term trend: Bearish

The bear market is continuing. Any price growth is considered like corrective. The price has already reached the target zone №1 1.15622-1.15438, the target zone №2 1.14518-1.14426 and the target zone №3 1.13598-1.13414. The next aim is the target zone №4 1.12494-1.12402. The best prices to try to have a short position are the control resistance zone 1.14018-1.13926. In case of the price is fixed upper the control resistance zone the medium-term trend will be changed to the bull market and all short positions should be closed.



Trading recommendations: It’s recommended to try to have a short position after any corrective movement with using the pattern «Head&Shoulders». The best prices to try to have a short position are the control resistance zone 1.14018-1.13926.
The control resistance zone is constructed from the current minimum. If this minimum changes by n points the zones should also be shifted n points down. The risk/reward ratio for every order should be at least 1/3.

All zones are constructed on the basis of data from the CME futures market.

[AmegaFX]

Review EUR/USD 20.08.2018
Medium-term trend: Bullish
After the price is fixed upper the control resistance zone №1 1.14018-1.13926 the medium-term trend has changed to the bull market with the aim to the target zone 1.15030-1.14846. The probability of reaching the target zone is about 80%. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone №2 1.13525-1.13433. In case of the price is fixed below the control resistance zone №2 the medium-term trend will be changed to the bear market and all long positions should be closed.

Trading recommendation:
It’s recommended to try to have a long position near the control resistance zone №2 with using the pattern «Head&Shoulders».
The control resistance zone №2 is constructed from the current maximum. If this maximum changes by n points the zones should also be shifted n points up. The risk/reward ratio for every order should be at least 1/3.
All zones are constructed on the basis of data from the CME futures market.
Target zone:
Internal border – Maintenance margin size in points
External border – Initial margin in points

Control resistance zone ¬¬– the half from the target zone
Resistance zone – the quarter of the target zone

Source: Forex analysis from the broker AMEGA

[AmegaFX]

Review GBP/USD 21.08.2018
Medium-term trend: Bullish
After the price is fixed upper the control resistance zone №1 1.27934-1.27814 the medium-term trend has changed to the bull market with the aim to the target zone 1.29254-1.29014. The probability of reaching the target zone is about 75%. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone №2 1.27209-1.27089. In case of the price is fixed below the control resistance zone №2 the medium-term trend will be changed to the bear market and all long positions should be closed.

Trading recommendation:
It’s recommended to try to have a long position near the resistance zone 1.27809-1.27749 and the control resistance zone №2 1.27209-1.27089 with using the pattern «Head&Shoulders».
The control resistance zone №2 and the resistance zone are constructed from the current maximum. If this maximum changes by n points the zones should also be shifted n points up. The risk/reward ratio for every order should be at least 1/3.
All zones are constructed on the basis of data from the CME futures market.
Target zone:
Internal border – Maintenance margin size in points
External border – Initial margin in points
Control resistance zone ¬¬– the half from the target zone
Resistance zone – the quarter of the target zone

Source: Forex analysis from the broker AMEGA

[AmegaFX]

Review EUR/USD 23.08.2018
Medium-term trend: Bullish
The bull market is continuing. The price has already reached the target zone №1 1.16042-1.15950 and it is going to the target zone №2 1.17054-1.16870 . Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.15304-1.15212. In case of the price is fixed below the control resistance zone the medium-term trend will be changed to the bear market and all long positions should be closed.

Trading recommendation:
It’s recommended to try to have a long position near the control resistance zone 1.15304-1.15212 with using the pattern «Head&Shoulders».
The control resistance zone is constructed from the current maximum. If this maximum changes by n points the zone should also be shifted n points up. The risk/reward ratio for every order should be at least 1/3.

All zones are constructed on the basis of data from the CME futures market.
Target zone:
Internal border – Maintenance margin size in points
External border – Initial margin in points

Control resistance zone ¬¬– the half from the target zone
Resistance zone – the quarter of the target zone

Source: Forex analysis from the broker AMEGA

[AmegaFX]

Review GOLD 28.08.2018

Medium-term trend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1211.41-1209.86, it has tested the control resistance zone №1 1186.11-1184.56 and it has reached the target zone №2 1211.41-1209.86. The next aim is the target zone №3 1228.46-1225.36. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone №2 1196.90-1195.35. In case of the price is fixed below the control resistance zone №2 the medium-term trend will be changed to the bear market and all long positions should be closed.



Trading recommendation:

It’s recommended to try to have a long position near the control resistance zone №2 1196.90-1195.35 with using the pattern «Head&Shoulders».
The control resistance zone №2 is constructed from the current maximum. If this maximum changes by n points the zone should also be shifted n points up. The risk/reward ratio for every order should be at least 1/3.

All zones are constructed on the basis of data from the CME futures market.

Target zone:

Internal border – Maintenance margin size in points
External border – Initial margin in points

Control resistance zone ¬¬– the half from the target zone
Resistance zone – the quarter of the target zone

Source:Forex analysis from the broker AMEGA

[AmegaFX]

Review GBP/USD 5.09.2018

Medium-term trend: Bearish

After the price is fixed below the control resistance zone №1 1.29229-1.29109 the medium-term trend has changed to the bear market with the aim to the target zone 1.28029-1.27789. The probability of reaching the target zone is about 70%. Any price growth is considered like corrective. The best prices to try to have a short position are the control resistance zone №2 1.29421-1.29301. In case of the price is fixed upper the control resistance zone №2 the medium-term trend will be changed to the bull market and all short positions should be closed.



Trading recommendation:

It’s recommended to try to have a short position near the resistance zone 1.28761-1.28701 and the control resistance zone №2 1.29421-1.29301 with using the pattern «Head&Shoulders» at least on M15.
The control resistance zone №2 and resistance zone are constructed from the current minimum. If this minimum changes by n points the zones should also be shifted n points down. The risk/reward ratio for every order should be at least 1/3.

All zones are constructed on the basis of data from the CME futures market.

Target zone:

Internal border – Maintenance margin size in points
External border – Initial margin in points

Control resistance zone ¬¬– the half from the target zone
Resistance zone – the quarter of the target zone

Source: Forex analysis from the broker AMEGA

[AmegaFX]

Review EUR/USD 11.09.2018

Medium-term trend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.15492-1.15308 but it hasn’t been fixed below the zone and now it’s near the control resistance zone №2 1.16268-1.16176. Until the price was fixed above this zone, we can consider only short positions. The best prices to try to have a short position are the control resistance zone №2. In case of the price is fixed upper the control resistance zone №2 the medium-term trend will be changed to the bull market and all short positions should be closed.



Trading recommendation:

It’s recommended to try to have a short position near the control resistance zone №2 1.16268-1.16176 with using the pattern «Head&Shoulders» at least on timeframe M15.
The control resistance zone №2 is constructed from the current minimum. If this minimum changes by n points the zone should also be shifted n points down. The risk/reward ratio for every order should be at least 1/3.

All zones are constructed on the basis of data from the CME futures market.

Target zone:

Internal border – Maintenance margin size in points
External border – Initial margin in points

Control resistance zone ¬¬– the half from the target zone
Resistance zone – the quarter of the target zone

Source: Forex analysis from the broker AMEGA

[AmegaFX]

Review EUR/USD 14.09.2018

Medium-term trend: Bullish

After the price is fixed upper the control resistance zone №1 1.16268-1.16176 the medium-term trend has changed to the bull market with the aim to the target zone 1.17280-1.17096. The probability of reaching the target zone is about 75%. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone №2 1.16090-1.15998. In case of the price is fixed below the control resistance zone №2 the medium-term trend will be changed to the bear market and all long positions should be closed.



Trading recommendation:

It’s recommended to try to have a long position near the resistance zone 1.16550-1.16504 and the control resistance zone №2 1.16090-1.15998 with using the pattern «Head&Shoulders» at least on timeframe M15.
The control resistance zone №2 and the resistance zone are constructed from the current maximum. If this maximum changes by n points the zones should also be shifted n points up. The risk/reward ratio for every order should be at least 1/3.

All zones are constructed on the basis of data from the CME futures market.

Target zone:

Internal border – Maintenance margin size in points
External border – Initial margin in points

Control resistance zone ¬¬– the half from the target zone
Resistance zone – the quarter of the target zone

Source: Forex analysis from the broker AMEGA

[AmegaFX]

Review BTC/USD 19.09.2018

Medium-term trend: Bearish

The bear market is continuing. The price has already reached the target zone №1 6443.75-6347.79 and it has been fixed below the zone. The probability of reaching the target zone №2 5867.91-5819.93 is about 70%. The best prices to try to have a short position are the control resistance zone 6714.70-6666.72. In case of the price is fixed upper the control resistance zone the medium-term trend will be changed to the bull market and all short positions should be closed.



Trading recommendation:

It’s recommended to try to have a short position near the control resistance zone 6714.70-6666.72 with using the pattern «Head&Shoulders» at least on timeframe M15.
The control resistance zone is constructed from the current minimum. If this minimum changes by n points the zone should also be shifted n points down. The risk/reward ratio for every order should be at least 1/3.

All zones are constructed on the basis of data from the CME futures market.

Target zone:

Internal border – Maintenance margin size in points
External border – Initial margin in points

Control resistance zone ¬¬– the half from the target zone
Resistance zone – the quarter of the target zone

Source: Forex analysis from the broker AMEGA

[AmegaFX]

Review GBP/USD 21.09.2018

Medium-term trend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1.30489-1.30249, the target zone №2 1.31809-1.31689, the target zone №3 1.33129-1.32889 and it is going to the target zone №4 1.34449-1.34329. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.31777-1.31657. In case of the price is fixed below the control resistance zone the medium-term trend will be changed to the bear market and all long positions should be closed.



Trading recommendation:

It’s recommended to try to have a long position near the control resistance zone 1.31777-1.31657 with using the pattern «Head&Shoulders» at least on timeframe M15.
The control resistance zone is constructed from the current maximum. If this maximum changes by n points the zone should also be shifted n points up. The risk/reward ratio for every order should be at least 1/3.

All zones are constructed on the basis of data from the CME futures market.

Target zone:

Internal border – Maintenance margin size in points
External border – Initial margin in points

Control resistance zone – the half from the target zone
Resistance zone – the quarter of the target zone

Source: Forex analysis from the broker AMEGA

[AmegaFX]

Review GBP/USD 28.09.2018

Medium-term trend: Bearish

The bear market is continuing. The price has already tested the control resistance zone №1 1.31862-1.31742 and now it’s going to the target zone №1 1.30577-1.30337. The best prices for selling have already been given near the control resistance zone №1. Therefore it’s recommended to wait any corrective movement and after again try to have a short position from the zones with using the pattern «Head&Shoulders» at least on timeframe M15. In case of the price is fixed upper the control resistance zone №1 the medium-term trend will be changed to the bull market and all short positions should be closed.



Trading recommendation:

It’s recommended to wait any corrective movement and after again try to have a short position from the zones with using the pattern «Head&Shoulders» at least on timeframe M15.
The control resistance zone №1 is constructed from the current minimum. If this minimum changes by n points the zone should also be shifted n points down. The risk/reward ratio for every order should be at least 1/3.

All zones are constructed on the basis of data from the CME futures market.

Target zone:

Internal border – Maintenance margin size in points
External border – Initial margin in points

Control resistance zone – the half from the target zone
Resistance zone – the quarter of the target zone

Source: Forex analysis from the broker AMEGA

[AmegaFX]

Review GOLD 4.10.2018

Medium-term trend: Bullish

After the price is fixed upper the control resistance zone №1 1198.65-1197.10 the medium-term trend has changed to the bull market with the aim to the target zone 1214.85-1211.75. The probability of reaching the target zone is about 70%. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone №2 1192.76-1191.21. In case of the price is fixed below the control resistance zone №2 the medium-term trend will be changed to the bear market and all long positions should be closed.



Trading recommendation:

It’s recommended to try to have a long position near the control resistance zone №2 1192.76-1191.21 (170 points from current maximum) with using the pattern «Head&Shoulders» at least on timeframe M15.
The control resistance zone №2 is constructed from the current maximum. If this maximum changes by n points the zone should also be shifted n points up. The risk/reward ratio for every order should be at least 1/3.

All zones are constructed on the basis of data from the CME futures market.
Target zone:

Internal border – Maintenance margin size in points
External border – Initial margin in points

Control resistance zone – the half from the target zone
Resistance zone – the quarter of the target zone

Source: Forex analysis from the broker AMEGA

[AmegaFX]

Review USOIL 12.10.2018

Medium-term trend: Bearish

The bear market is continuing. The price has already reached the target zone №1 73.790-73.480, the target zone №2 71.930-71.775 and it has been fixed below the zone. The probability of reaching the target zone №3 70.380-70.070 is about 70%. The best prices to try to have a short position are the control resistance zone 72.205-72.050. In case of the price is fixed upper the control resistance zone the medium-term trend will be changed to the bull market and all short positions should be closed.



Trading recommendation:

It’s recommended to try to have a short position near the resistance zone 71.352-71.275 (85 points from current minimum) and the control resistance zone 72.205-72.050 (170 points from current minimum) with using the pattern «Head&Shoulders» at least on M15.
The control resistance zone and resistance zone are constructed from the current minimum. If this minimum changes by n points the zones should also be shifted n points down. The risk/reward ratio for every order should be at least 1/3.
All zones are constructed on the basis of data from the CME futures market.

Target zone:

Internal border – Maintenance margin size in points
External border – Initial margin in points

Control resistance zone – the half from the target zone
Resistance zone – the quarter of the target zone

Source: Forex analysis from the broker AMEGA

[AmegaFX]

Review AUD/USD 16.10.2018

Medium-term trend: Bullish

After the price is fixed upper the control resistance zone №1 0.71095-0.71033 the medium-term trend has changed to the bull market with the aim to the target zone 0.71783-0.71658. The probability of reaching the target zone is about 75%. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone №2 0.70860-0.70798. In case of the price is fixed below the control resistance zone №2 the medium-term trend will be changed to the bear market and all long positions should be closed.



Trading recommendation:

It’s recommended to try to have a long position near the resistance zone 0.71173-0.71142 and the control resistance zone №2 0.70860-0.70798 with using the pattern «Head&Shoulders» at least on timeframe M15.
The control resistance zone №2 and the resistance zone are constructed from the current maximum. If this maximum changes by n points the zones should also be shifted n points up. The risk/reward ratio for every order should be at least 1/3.
All zones are constructed on the basis of data from the CME futures market.

Target zone:

Internal border – Maintenance margin size in points
External border – Initial margin in points

Control resistance zone – the half from the target zone
Resistance zone – the quarter of the target zone

Source: Forex analysis from the broker AMEGA