Amega daily market overview & news alerts

[AmegaFX]

EURUSD 03.02.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1.13060-1.12972 and it is going to the target zone №2 1.13940-1.13852. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.12419-1.12331. 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 1.12419-1.12331 (95 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]

USDCAD 07.02.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1.28150-1.28035 and it is going to the target zone №2 1.29377-1.29260. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.26767-1.26654. 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 1.26767-1.26654 (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]

NZDUSD 08.02.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 0.66886-0.66810 and it is going to the target zone №2 0.67580-0.67510. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 0.66129-0.66059. 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 0.66129-0.66059 (75 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 09.02.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1815.97-1812.72 and it is going to the target zone №2 1845.72-1842.72. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1798.72-1795.72. 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 1798.72-1795.72 (330 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 10.02.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1.35467-1.35295 and it is going to the target zone №2 1.37187-1.37015. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.34555-1.34383. 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 1.34555-1.34383 (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]

USDJPY 14.02.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 116.251-116.116 and it is going to the target zone №2 117.618-117.480. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 114.999-114.867. 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 114.999-114.867 (145 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]

USDCAD 15.02.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1.28150-1.28035 and it is going to the target zone №2 1.29377-1.29260. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.26767-1.26654. 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 1.26767-1.26654 (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 17.02.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.13188-1.13100 and it has a potential to reach the target zone №2 1.12308-1.12220. The best prices to try to have a short position are the control resistance zone 1.13766-1.13678. 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 1.13766-1.13678 (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 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]

AUDUSD 18.02.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 0.72383-0.72311 and it is going to the target zone №2 0.73108-0.73036. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 0.71447-0.71375. 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 0.71447-0.71375 (80 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 21.02.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.13188-1.13100 and it has a potential to reach the target zone №2 1.12308-1.12220. The best prices to try to have a short position are the control resistance zone 1.13766-1.13678. 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 1.13766-1.13678 (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 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.