Technical Analysis 5-Feb-2019
Technical Analysis Pairs
Consist technical analysis of EURUSD , GPBUSD,GOLD,NZDUSD, AUDUSD, JPYUSD ,USDCAD
Our Technical Analysis way:
Our technical analysis is base on finding levels consist of (supports-resistance- trend lines -channels-
fibonacci levels and …). In the first step searching for best opportunity and after finding this situations follow
signs for inputting to trades.Money Management and risk controls are very important in our way .
Risk to Reward and waiting until touch calculated target is so important for successful.
Technical analysis AUSUSD
Currently price reach to trend line and touched and return from that.It is a good opportunity
for selling . Stop loss must take upper trend line and take profit is in blue support line
Technical analysis EURUSD
EURUSD touche upper line of channel and input in bear situation.It is good position for selling.
Sell under support line at 1.1415 . First take profit is red trend line at 1.3330.If price pass from upper
channel line we expect 1.1500 target
Technical analysis GBPUSD
In previous week we expect price touch resistance at 1.3280.But this situation dose not happen until now.
in this situation price is move in a new channel and currently is in lower channel line.Depend on price situation
we decide sell or buy. If we have break on lower channel we input on sell.
Technical analysis NZDUSD
Price is move in new draw channel. it touched lower channel line and return to upper channel line
we have buy opportunity with stop loss under lower channel line and take profit in upper line of first
Technical analysis USDCAD
According technical analysis in previous week price reach to lower line of main channel
and price is in this position now .In the continue we decide base on price reaction to this line.
If we have return in price we take buy and if we have break on price input on sell.
Technical analysis USDJPY
USDJPY after touching lower line of channel return to upper line of channel
and upper line of triangle pattern in weekly time frame.Currently price touched
a resistance and challenge with that. If price break area at 110.00
we expect a good movement and we can input in new buy position
Technical analysis GOLD
GOLD in previous week touched 1327 and return.The predict way on gold movement draw in new channel .
and price is move to lower line of channel and support area at 1296.The best strategy is waiting until price reach
to this area and decide depend on break or return of that.