Technical Analysis 6-March-2019
Technical Analysis Pairs
This content consist technical analysis of EURUSD , GPBUSD,GOLD,NZDUSD, AUDUSD, JPYUSD ,USDCAD pairs according our technical solutions
Our Technical Analysis way:
Our technical analysis way 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 targets are so important for successful.
Technical analysis AUSUSD
As you can see AUDUSD was in the triangle pattern.Currently price break out lower line of this triangle and we expected to touch drawn support line as first target.After that we wait for reaction to support.
Technical analysis EURUSD
EURUSD was break out middle channel and break support area at 1.1322. we input in sell position. The first target is support at 1.1265 area .It is first target .
Technical analysis GBPUSD
Price broke out lower line of channel . This was an opportunity for selling position . The first target was at 50 percent of Fibonacci is touched and second target which was Fibonacci level 61.8 at 1.3112 and support area touched too. In this situation if support level break we input to sell trade again. and if we see any sign of return good opportunity for buy position.
Technical analysis NZDUSD
NZDUSD take place in a triangle pattern.Currently price is move toward upper line of triangle .We expected input to the trade each side of triangle break out .Although break out in upper line has more probability
Please Pay attention confirmation price for break out
Technical analysis USDCAD
price break out resistance area at 1.3325 and we input to buy position . In overall price move toward upper line of daily channel but in this situation short target is red trend line draw parallel with upper line of daily channel.
Technical analysis USDJPY
price move in channel in bullish way. The forecast target seems upper line of triangle in weekly time frame at 113.70 . Price Broken out all previous resistance especially at 111.53.we expect this trend continue.
Technical analysis GOLD
Price broken out all support line and currently is in lower line of blue channel. This level is important because it is a boundary.If price broke lower line of channel we expected movement until 1270 and 1252.