Amega daily market overview & news alerts

[AmegaFX]

BRENT 23.06.2023

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 80.412-79.742 and it has a potential to reach the target zone №2 73.712-73.042. The best prices to try to have a short position are the control resistance zone 78.726-78.056. 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 78.726-78.056 (740 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 26.06.2023

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1.08682-1.08470 and it is going to the target zone №2 1.10802-1.10590. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.08004-1.07792. 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 1.08004-1.07792 (235 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 27.06.2023

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 0.68467-0.68282 and it is going to the target zone №2 0.70317-0.70132. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 0.67145-0.66960. 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 0.67145-0.66960 (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 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 28.06.2023

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.31909-1.31700 and it has a potential to reach the target zone №2 1.29769-1.29568. The best prices to try to have a short position are the control resistance zone 1.33565-1.33351. 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 1.33565-1.33351 (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 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 29.06.2023

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 0.61825-0.61645 and it is going to the target zone №2 0.63625-0.63445. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 0.60658-0.60478. 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 0.60658-0.60478 (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 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 30.06.2023

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1914.99-1906.69 and it has a potential to reach the target zone №2 1831.99-1823.69. The best prices to try to have a short position are the control resistance zone 1984.26-1975.96. 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 1984.26-1975.96 (915 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 03.07.2023

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1.27436-1.26988 and it is going to the target zone №2 1.31916-1.31468. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.24004-1.23556. 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 1.24004-1.23556 (490 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]

USDCHF 04.07.2023

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 0.87855-0.87578 and it has a potential to reach the target zone №2 0.85162-0.84901. The best prices to try to have a short position are the control resistance zone 0.91389-0.91089. 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 0.91389-0.91089 (320 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 05.07.2023

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 141.050-140.456 and it is going to the target zone №2 147.218-146.570. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 139.074-138.496. 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 139.074-138.496 (650 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 07.07.2023

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1914.99-1906.69 and it has a potential to reach the target zone №2 1831.99-1823.69. The best prices to try to have a short position are the control resistance zone 1984.26-1975.96. 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 1984.26-1975.96 (915 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.