Technical Analysis 7-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
AUDUSD touched lower green trend line. Although these green trend lines produce a pattern and currently price move around those. we wait until price breakout each of these trend lines.Probability for break out toward lower trend line is more. please pay attention to confirmation for break out
Technical analysis EURUSD
EURUSD was break out support area at 1.1322. we input in sell position. The first target is support at 1.1265 area .It is first target .In addition price movement is in new drawn channel.
Technical analysis GBPUSD
Price touched support area at 1.3100 and return from that. currently we are in a new drawn channel and price is around upper line of channel. it is a good opportunity for sell position .Although support area at 1.3100 is in from of this 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 and with interest news of Canada break out new drawn trend line. the buy position is open and in trailing stop situation.
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 around 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.Other wise we can see price at 1330 again.