Amega daily market overview & news alerts

AmegaFX

AmegaFX Representative
Messages
55
GBPUSD 08.09.2021

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1.37910-1.37738 and it is going to the target zone №2 1.39630-1.39458. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.37193-1.37021. 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.

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Trading recommendation:

It’s recommended to try to have a long position near the control resistance zone 1.37193-1.37021 (190 points from current minimum) 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.
 

AmegaFX

AmegaFX Representative
Messages
55
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This Wednesday: Bank of Canada Interest Rate Decision announcement and its impact on USDCAD & other CAD pairs!
 

AmegaFX

AmegaFX Representative
Messages
55
AUDUSD 09.09.2021

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 0.73975-0.73895 and it has a potential to reach the target zone №2 0.73175-0.73095. The best prices to try to have a short position are the control resistance zone 0.74329-0.74249. 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.

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Trading recommendation:

It’s recommended to try to have a short position near the control resistance zone 0.74329-0.74249 (90 points from current minimum) 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.
 

AmegaFX

AmegaFX Representative
Messages
55
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Watch out for the upcoming ECB Interest Rate Decision announcement and its impact on EURUSD & other EUR pairs!
 

AmegaFX

AmegaFX Representative
Messages
55
USDJPY 10.09.2021

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 109.803-109.707 and it has a potential to reach the target zone №2 108.823-108.729. The best prices to try to have a short position are the control resistance zone 110.194-110.097. 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.

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Trading recommendation:

It’s recommended to try to have a short position near the control resistance zone 110.194-110.097 (110 points from current minimum) 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.
 

AmegaFX

AmegaFX Representative
Messages
55
EURUSD 13.09.2021

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1.18487-1.18399 and it is going to the target zone №2 1.19367-1.19279. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.18208-1.18120. 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.

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Trading recommendation:

It’s recommended to try to have a long position near the control resistance zone 1.18208-1.18120 (100 points from current minimum) 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.
 

AmegaFX

AmegaFX Representative
Messages
55
NZDUSD 14.09.2021

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 0.70991-0.70896 and it is going to the target zone №2 0.71941-0.71846. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 0.70748-0.70653. 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.

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Trading recommendation:

It’s recommended to try to have a long position near the control resistance zone 0.70748-0.70653 (105 points from current minimum) 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.
 

AmegaFX

AmegaFX Representative
Messages
55
GOLD 15.09.2021

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1824.73-1820.23 and it is going to the target zone №2 1869.73-1865.23. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1788.96-1784.46. 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.

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Trading recommendation:

It’s recommended to try to have a long position near the control resistance zone 1788.96-1784.46 (500 points from current minimum) 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.
 

AmegaFX

AmegaFX Representative
Messages
55
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Watch out for the upcoming New Zealand Gross Domestic Product announcement and how could it affect NZDUSD and other NZD pairs.
 

AmegaFX

AmegaFX Representative
Messages
55
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Watch out for upcoming Australian Unemployment Rate announcement and how could it affect AUDUSD.
 
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