Amega daily market overview & news alerts

[AmegaFX]

GBPUSD 13.04.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.29543-1.29371 and it has a potential to reach the target zone №2 1.27823-1.27651. The best prices to try to have a short position are the control resistance zone 1.31710-1.31538. 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 1.31710-1.31538 (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 14.04.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 0.74134-0.74052 and it has a potential to reach the target zone №2 0.73309-0.73227. The best prices to try to have a short position are the control resistance zone 0.74823-0.74741. 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 0.74823-0.74741 (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]

USDJPY 15.04.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 126.048-125.889 and it is going to the target zone №2 127.657-127.494. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 124.969-124.813. 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 124.969-124.813 (170 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 18.04.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.08007-1.07911 and it has a potential to reach the target zone №2 1.07047-1.06951. The best prices to try to have a short position are the control resistance zone 1.08629-1.08533. 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 1.08629-1.08533 (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 19.04.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 0.67181-0.67111 and it is going to the target zone №2 0.66481-0.66411. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 0.6791

Trading recommendation:

It’s recommended to try to have a long position near the control resistance zone 0.67916-0.67846 (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 20.04.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1926.39-1919.19 and it has a potential to reach the target zone №2 1854.39-1847.19. The best prices to try to have a short position are the control resistance zone 1974.18-1966.98. 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 1974.18-1966.98 (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 21.04.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.29543-1.29371 and it has a potential to reach the target zone №2 1.27823-1.27651. The best prices to try to have a short position are the control resistance zone 1.31619-1.31447. 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 1.31619-1.31447 (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 22.04.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 0.73309-0.73227 and it has a potential to reach the target zone №2 0.72484-0.72402. The best prices to try to have a short position are the control resistance zone 0.74321-0.74239. 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 0.74321-0.74239 (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]

EURUSD 25.04.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.08007-1.07911 and it has a potential to reach the target zone №2 1.07047-1.06951. The best prices to try to have a short position are the control resistance zone 1.08629-1.08533. 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 1.08629-1.08533 (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 26.04.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 0.66028-0.65958 and it has a potential to reach the target zone №2 0.65328-0.65258. The best prices to try to have a short position are the control resistance zone 0.66584-0.66514. 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 0.66584-0.66514 (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 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.