Amega Forex Analysis

[Amega]

NZDUSD 14.09.2021

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 0.70991-0.70896 and it is going to the target zone №2 0.71941-0.71846. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 0.70748-0.70653. 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 0.70748-0.70653 (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 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.

 

[Amega]

GOLD 15.09.2021

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1824.73-1820.23 and it is going to the target zone №2 1869.73-1865.23. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1788.96-1784.46. 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 1788.96-1784.46 (500 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.

 

[Amega]

Watch out for the upcoming New Zealand Gross Domestic Product announcement and how could it affect NZDUSD and other NZD pairs.

 

[Amega]

Watch out for upcoming Australian Unemployment Rate announcement and how could it affect AUDUSD.

 

[Amega]

GBPUSD 16.09.2021

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1.37910-1.37738 and it is going to the target zone №2 1.39630-1.39458. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.37101-1.36929. 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 1.37101-1.36929 (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.

 

[Amega]

Will Retail sales boost the US Dollar? Follow up on the upcoming announcement.

 

[Amega]

AUDUSD 17.09.2021

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 0.73175-0.73095 and it has a potential to reach the target zone №2 0.72375-0.72295. The best prices to try to have a short position are the control resistance zone 0.73619-0.73539. 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 0.73619-0.73539 (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.

 

[Amega]

EURUSD 20.09.2021

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.17328-1.17240 and it has a potential to reach the target zone №2 1.16448-1.16360. The best prices to try to have a short position are the control resistance zone 1.18071-1.17983. 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 1.18071-1.17983 (100 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.

 

[Amega]

NZDUSD 21.09.2021

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 0.70748-0.70653 and it has a potential to reach the target zone №2 0.69798-0.69703. The best prices to try to have a short position are the control resistance zone 0.71051-0.70956. 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 0.71051-0.70956 (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.

 

[Amega]

BRENT 22.09.2021

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 74.810-74.560 and it is going to the target zone №2 77.310-77.060. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 73.164-72.914. 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 73.164-72.914 (275 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.

 

[Amega]

Watch out for the upcoming FED Interest Rate Decision announcement and its impact on EURUSD & other USD pairs.

 

[Amega]

GBPUSD 23.09.2021

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.37409-1.37237 and it has a potential to reach the target zone №2 1.35689-1.35517. The best prices to try to have a short position are the control resistance zone 1.37983-1.37811. 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 1.37983-1.37811 (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.

 

[Amega]

Watch out for the upcoming Bank of England (BoE) Interest Rate Decision announcement and its impact on GBPUSD & other GBP pairs.

 

[Amega]

AUDUSD 24.09.2021

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 0.72375-0.72295 and it has a potential to reach the target zone №2 0.71575-0.71495. The best prices to try to have a short position are the control resistance zone 0.73104-0.73024. 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 0.73104-0.73024 (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.

 

[Amega]

EURUSD 27.09.2021

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.17328-1.17240 and it has a potential to reach the target zone №2 1.16448-1.16360. The best prices to try to have a short position are the control resistance zone 1.17800-1.17712. 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 1.17800-1.17712 (100 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.

 

[Amega]

USDCAD 28.09.2021

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.26543-1.26431 and it has a potential to reach the target zone №2 1.25369-1.25259. The best prices to try to have a short position are the control resistance zone 1.27360-1.27247. 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 1.27360-1.27247 (130 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.

 

[Amega]

BRENT 29.09.2021

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 79.810-79.560 and it is going to the target zone №2 82.310-82.060. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 77.394-77.144. 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 77.394-77.144 (275 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.

 

[Amega]

EURUSD 30.09.2021

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.16448-1.16360 and it has a potential to reach the target zone №2 1.15568-1.15480. The best prices to try to have a short position are the control resistance zone 1.16861-1.16773. 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 1.16861-1.16773 (100 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.

 

[Amega]

GBPUSD 01.10.2021

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.33969-1.33797 and it has a potential to reach the target zone №2 1.32249-1.32077. The best prices to try to have a

Trading recommendation:

It’s recommended to try to have a short position near the control resistance zone 1.36003-1.35831 (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.

 

[Amega]

EURUSD 04.10.2021

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 1.15568-1.15480 and it has a potential to reach the target zone №2 1.14688-1.14600. The best prices to try to have a short position are the control resistance zone 1.16593-1.16505. 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 1.16593-1.16505 (100 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.