Amega daily market overview & news alerts

[AmegaFX]

EURUSD 06.01.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1.13316-1.13228 and it is going to the target zone №2 1.14196-1.14108. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.12982-1.12894. 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 1.12982-1.12894 (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]

NZDUSD 07.01.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 0.67799-0.67723 and it has a potential to reach the target zone №2 0.67039-0.66963. The best prices to try to have a short position are the control resistance zone 0.68166-0.68090. 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 0.68166-0.68090 (85 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]

BRENT 10.01.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 82.116-81.586 and it is going to the target zone №2 87.416-86.866. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 77.366-76.836. 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 77.366-76.836 (580 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]

GOLD 11.01.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1831.20-1827.45 and it is going to the target zone №2 1868.70-1864.95. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1794.15-1790.40. 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 1794.15-1790.40 (410 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]

USDCHF 12.01.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 0.92296-0.92177 and it is going to the target zone №2 0.93504-0.93382. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 0.91588-0.91471. 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 0.91588-0.91471 (130 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]

EURUSD 13.01.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1.14196-1.14108 and it is going to the target zone №2 1.15076-1.14988. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.13647-1.13659. 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 1.13647-1.13659 (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]

BTCUSD 14.01.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 43048.49-42595.23 and it has a potential to reach the target zone №2 38515.89-38062.63. The best prices to try to have a short position are the control resistance zone 44623.88-44170.62. 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 44623.88-44170.62 (49850 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]

BRENT 17.01.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 82.116-81.586 and it is going to the target zone №2 87.416-86.866. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 80.819-80.289. 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 80.819-80.289 (580 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]

GBPUSD 18.01.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1.37063-1.36891 and it is going to the target zone №2 1.38783-1.38611. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.35766-1.35594. 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 1.35766-1.35594 (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]

USDCHF 19.01.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 0.91588-0.91471 and it has a potential to reach the target zone №2 0.90428-0.90314. The best prices to try to have a short position are the control resistance zone 0.92205-0.92086. 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 0.92205-0.92086 (130 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.