official Amega daily market overview & news alerts

AmegaFX · October 8, 2021

Don’t miss the upcoming US Nonfarm Payrolls announcement as it is likely to cause financial market volatility.

AmegaFX · October 11, 2021

EURUSD 11.10.2021

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 1.16258-1.16170. 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 1.16258-1.16170 (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.

AmegaFX · October 12, 2021

USDJPY 12.10.2021

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 112.807-112.718 and it is going to the target zone №2 113.783-113.692. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 112.516-112.427. 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 112.516-112.427 (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.

AmegaFX · October 13, 2021

NZDUSD 13.10.2021

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 0.68848-0.68753 and it has a potential to reach the target zone №2 0.67898-0.67803. The best prices to try to have a short position are the control resistance zone 0.69634-0.69539. 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 0.69634-0.69539 (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 · October 13, 2021

Don’t miss the upcoming FOMC Minutes as it is likely to cause financial market volatility.

AmegaFX · October 14, 2021

EURUSD 14.10.2021

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 1.16209-1.16121. 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 1.16209-1.16121 (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.

AmegaFX · October 15, 2021

GOLD 15.10.2021

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1808.24-1804.12 and it is going to the target zone №2 1845.37-1841.62. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1763.02-1759.27. 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 1763.02-1759.27 (410 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 · October 15, 2021

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

AmegaFX · October 18, 2021

EURUSD 18.10.2021

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 1.16209-1.16121. 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 1.16209-1.16121 (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.

AmegaFX · October 19, 2021

AUDUSD 19.10.2021

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 0.74182-0.74102 and it is going to the target zone №2 0.74982-0.74902. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 0.73657-0.73577. 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 0.73657-0.73577 (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 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 · October 20, 2021

USDJPY 20.10.2021

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 114.775-114.683 and it is going to the target zone №2 115.785-115.691. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 113.707-113.616. 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 113.707-113.616 (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.

AmegaFX · October 20, 2021

How rising inflation affects the Canadian Dollar? Follow up on the upcoming announcement.

AmegaFX · October 22, 2021

BRENT 22.10.2021

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 84.810-84.560 and it is going to the target zone №2 87.310-87.060. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 83.006-82.756. 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 83.006-82.756 (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.

AmegaFX · October 22, 2021

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

AmegaFX · October 25, 2021

EURUSD 25.10.2021

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1.16209-1.16121 and it is going to the target zone №2 1.17089-1.17001. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.15792-1.15704. 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 1.15792-1.15704 (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 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 · October 26, 2021

AUDUSD 26.10.2021

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 0.74982-0.74902 and it is going to the target zone №2 0.75782-0.75702. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 0.74661-0.74581. 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 0.74661-0.74581 (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 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 · October 27, 2021

USDCHF 27.10.2021

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 0.91421-0.91313 and it has a potential to reach the target zone №2 0.90331-0.90225. The best prices to try to have a short position are the control resistance zone 0.92664-0.92552. 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 0.92664-0.92552 (125 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 · October 27, 2021

Watch out for the upcoming Bank of Canada Interest Rate Decision and its impact on USDCAD & other CAD pairs.

AmegaFX · October 28, 2021

EURUSD 28.10.2021

Medium-termtrend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1.16209-1.16121 and it is going to the target zone №2 1.17089-1.17001. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.15792-1.15704. 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 1.15792-1.15704 (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 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.