Amega daily market overview & news alerts

[AmegaFX]

USDJPY 08.06.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 133.262-133.085 and it is going to the target zone №2 135.062-134.880. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 131.461-131.288. 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 131.461-131.288 (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]

USDCAD 09.06.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.25356-1.25262 and it has a potential to reach the target zone №2 1.24327-1.24235. The best prices to try to have a short position are the control resistance zone 1.26314-1.26219. 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 1.26314-1.26219 (115 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 10.06.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 0.64236-0.64096 and it has a potential to reach the target zone №2 0.62836-0.62696. The best prices to try to have a short position are the control resistance zone 0.65330-0.65190. 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 0.65330-0.65190 (150 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 13.06.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.04761-1.04665 and it has a potential to reach the target zone №2 1.03801-1.03705. The best prices to try to have a short position are the control resistance zone 1.05811-1.05715. 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 1.05811-1.05715 (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]

GOLD 14.06.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1782.39-1775.19 and it has a potential to reach the target zone №2 1710.39-1703.19. The best prices to try to have a short position are the control resistance zone 1865.89-1858.69. 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 1865.89-1858.69 (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]

AUDUSD 15.06.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 0.69189-0.69007 and it has a potential to reach the target zone №2 0.67369-0.67187. The best prices to try to have a short position are the control resistance zone 0.70504-0.70322. 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 0.70504-0.70322 (200 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 16.06.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.03801-1.03705 and it has a potential to reach the target zone №2 1.02841-1.02745. The best prices to try to have a short position are the control resistance zone 1.04646-1.04550. 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 1.04646-1.04550 (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]

USDCAD 17.06.2022

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1.29672-1.29454 and it is going to the target zone №2 1.31930-1.31705. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.27765-1.27553. 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 1.27765-1.27553 (240 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]

BITCOIN 20.06.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 18774.63-18321.37 and it has a potential to reach the target zone №2 14242.03-13788.77. The best prices to try to have a short position are the control resistance zone 24594.72-24141.46. 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 24594.72-24141.46 (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]

GOLD 21.06.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1782.39-1775.19 and it has a potential to reach the target zone №2 1710.39-1703.19. The best prices to try to have a short position are the control resistance zone 1865.89-1858.69. 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 1865.89-1858.69 (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.