Amega daily market overview & news alerts

[AmegaFX]

NZDUSD 10.03.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 0.67851-0.67781 and it has a potential to reach the target zone №2 0.67151-0.67081. The best prices to try to have a short position are the control resistance zone 0.68727-0.68657. 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 0.68727-0.68657 (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 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]

GOLD 11.03.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1998.39-1992.19 and it has a potential to reach the target zone №2 1926.39-1919.19. The best prices to try to have a short position are the control resistance zone 2049.81-2042.61. 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 2049.81-2042.61 (790 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 14.03.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.31277-1.31105 and it has a potential to reach the target zone №2 1.29557-1.29385. The best prices to try to have a short position are the control resistance zone 1.32002-1.31830. 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 1.32002-1.31830 (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 15.03.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 0.72024-0.71942 and it has a potential to reach the target zone №2 0.71199-0.71117. The best prices to try to have a short position are the control resistance zone 0.72558-0.72476. 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 0.72558-0.72476 (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]

GBPUSD 22.03.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.31277-1.31105 and it has a potential to reach the target zone №2 1.29557-1.29385. The best prices to try to have a short position are the control resistance zone 1.32002-1.31830. 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 1.32002-1.31830 (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]

USDJPY 23.03.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 121.493-121.346 and it is going to the target zone №2 122.988-122.637. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 119.953-119.809. 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 119.953-119.809 (160 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 24.03.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.09454-1.09358 and it has a potential to reach the target zone №2 1.08494-1.08398. The best prices to try to have a short position are the control resistance zone 1.10695-1.10599. 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 1.10695-1.10599 (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 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 25.03.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 0.69450-0.69380 and it is going to the target zone №2 0.70150-0.70080. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 0.69182-0.69112. 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 0.69182-0.69112 (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]

BRENT 28.03.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 121.601-120.251 and it is going to the target zone №2 134.001-132.751. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 107.543-106.293. 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 107.543-106.293 (1375 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 29.03.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.31263-1.31091 and it has a potential to reach the target zone №2 1.29543-1.29371. The best prices to try to have a short position are the control resistance zone 1.32560-1.32388. 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 1.32560-1.32388 (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.