Amega daily market overview & news alerts

[AmegaFX]

USDJPY 22.02.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 114.999-114.867 and it has a potential to reach the target zone №2 113.692-113.562. The best prices to try to have a short position are the control resistance zone 115.957-115.823. 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 115.957-115.823 (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 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]

GBPUSD 25.02.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.32997-1.32825 and it has a potential to reach the target zone №2 1.31277-1.31105. The best prices to try to have a short position are the control resistance zone 1.34615-1.34444. 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 1.34615-1.34444 (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 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 28.02.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 0.72466-0.72394 and it is going to the target zone №2 0.73191-0.73119. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 0.71650-0.71578. 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 0.71650-0.71578 (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]

AUDUSD 28.02.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 0.72466-0.72394 and it is going to the target zone №2 0.73191-0.73119. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 0.71650-0.71578. 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 0.71650-0.71578 (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]

USDCAD 01.03.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.26594-1.26482 and it has a potential to reach the target zone №2 1.25529-1.25419. The best prices to try to have a short position are the control resistance zone 1.27790-1.27676. 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 1.27790-1.27676 (120 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]

NZDUSD 02.03.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 0.67769-0.67699 and it is going to the target zone №2 0.68469-0.68399. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 0.67202-0.67132. 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 0.67202-0.67132 (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]

GBPUSD 04.03.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.32997-1.32825 and it has a potential to reach the target zone №2 1.31277-1.31105. The best prices to try to have a short position are the control resistance zone 1.34615-1.34444. 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 1.34615-1.34444 (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 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 07.03.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 0.73916-0.73844 and it is going to the target zone №2 0.74641-0.74569. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 0.73685-0.73613. 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 0.73685-0.73613 (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]

USDJPY 08.03.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 114.999-114.867 and it has a potential to reach the target zone №2 113.692-113.562. The best prices to try to have a short position are the control resistance zone 115.863-115.729. 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 115.863-115.729 (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 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]

USDCAD 09.03.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1.29255-1.29138 and it is going to the target zone №2 1.30384-1.30265. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.27903-1.27789. 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 1.27903-1.27789 (125 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.