AmanFX Trading Analysis for Currencies and CFD - Page 3
Page 3 of 14 FirstFirst 123456713 ... LastLast
Results 21 to 30 of 133

Thread: AmanFX Trading Analysis for Currencies and CFD

  1. #1
    Banned
    Join Date
    Aug 2016
    Posts
    5,219
    Thumbs Up
    Received: 12
    Given: 18

    AmanFX Trading Analysis for Currencies and CFD

    GBP/USD

    GBPUSD pair was trading with the strengthening, finding support at the level of 1.2890. This fact strengthens the bullish view of the pair in the short term. The main target is at 1.3100, with the move above the specified level opening the way to 1.3443. An important condition for achieving these goals is the stability of 1.2890, otherwise the breakdown below will target the 1.2720 test.


    Not allowed!

  2. #21
    Banned
    Join Date
    Aug 2016
    Posts
    5,219
    Thumbs Up
    Received: 12
    Given: 18
    USD/JPY

    The USDJPY pair strengthened, breaking the resistance level of the bearish channel, which is depicted on the chart at 110.95. Stochastic at overbought levels and it is possible that the price will return again at 110.95 already at this session. In this case, the bearish technical picture will remain relevant with a view to dropping 109.00. Closing a daily candle above 110.95 will indicate a reversal in the short-term outlook towards 113.97 before the decline resumes.


    Not allowed!

  3. #22
    Banned
    Join Date
    Aug 2016
    Posts
    5,219
    Thumbs Up
    Received: 12
    Given: 18
    USD/CHF

    The pair USDCHF continued to bargain with the rise, breaking through the level of 0.9725 and consolidating above it. On the 4H chart the figure of technical analysis "double bottom" was formed, so I expect the price to rise to 0.9812, with the subsequent achievement of 0.9864. The bullish technical picture is confirmed by the EMA50, which is directed upwards, and also the stability of support at the level of 0.9700.


    Not allowed!

  4. #23
    Banned
    Join Date
    Aug 2016
    Posts
    5,219
    Thumbs Up
    Received: 12
    Given: 18
    USD/CAD

    The pair is still located below the sliding EMA with periods of 50, 100 and 200, which are directed downward and indicate a continuing bearish sentiment, as well as a number of resistance levels. The MACD is located in the negative zone, but above its signal line, continues to increase smoothly and thereby gives a buy signal. Stochastics came close to the oversold zone and gives a signal for sale.


    Not allowed!

  5. #24
    Banned
    Join Date
    Aug 2016
    Posts
    5,219
    Thumbs Up
    Received: 12
    Given: 18
    EUR/USD

    The EURUSD pair is testing the previously broken support line of the ascending wedge, which is depicted on the chart. At the moment, this level at 1.1200 is the current resistance. The stochastic indicator decreases, and the EMA50 coincides with the above-mentioned level amplifying it. The technical picture of the bear is subject to stability below 1,1205. The target for the decline is at 1.1060.



    GBP/USD

    GBPUSD is trading above 1.2770. EMA50 supports prices from below, and the stochastic at the level of overbought on a four-hour chart. These factors indicate a certain bullish bias within the day. However, in general, the picture is bearish. I expect a breakthrough of 1.2770 and then 1.2720, which will confirm the pair's targeting at 1.2550, while the consolidation above 1.2800 represents the first signal to restore the bullish trend, with targets of 1.2890 and then 1.3100.



    USD/JPY

    The pair USDJPY confirmed the breakdown of the resistance of the bearish channel, which is depicted on the chart. At the moment, the price is above this level of support, which was formed at 110.80. Stochastic tries to restore growth, EMA50 supports prices from below. Development of the bullish trend becomes a priority in the upcoming sessions, with a target of 113.97. On the other hand, a breakout of 110.80 - would be a bearish signal and lead to a drop of 109.00, and then 106.63.



    USD/CHF

    USDCHF fell below the 0.9725 line of the neck of the technical analysis figure "double bottom". This somewhat weakens the bullish pattern, however the EMA50 supports the price from below, indicating the bullish dynamics. Therefore, the technical picture so far remains positive with targets at 0.9812 and 0.9864. The continuation of the upward trend largely depends on the stability of 0.9700, as its violation will target 0.9560.


    Not allowed!
    Last edited by Gamer; 06-19-2017 at 09:23 PM.

  6. #25
    Trader
    Join Date
    Feb 2013
    Posts
    5,980
    Thumbs Up
    Received: 120
    Given: 69
    As the one of the favourite trading pair, EURUSD is best to keep always to sell. I predict based on technical analysis, the price is want to extend the sell order below. Look at my chart below?
    The rule of the support and resistance on channel on uptrend, Low, High, Higher High and horizontal line on support and resistance is very good.
    Please loot my chart below, based on trading chart, the current trading is want to go over the white low trendline and another possibility to go over red horizontal line
    <a href='https://postimg.org/image/xh7r1jjgh/' target='_blank'><img src='https://s8.postimg.org/xh7r1jjgh/Capture_437.jpg' border='0' alt='postimage'/></a>

    Not allowed!

  7. #26
    Banned
    Join Date
    Aug 2016
    Posts
    5,219
    Thumbs Up
    Received: 12
    Given: 18
    EUR/USD

    EURUSD fell sharply after re-testing the previously broken support line of the rising wedge, which is depicted on the chart. This indicates a bearish attitude in the pair and the first target for the decline is at 1.1060. Downward dynamics in addition supports EMA50, which is directed downwards. Achievement and breakdown of 1.1060, will open the way for 1.0922. The downward trend will continue as long as the resistance level at 1.1210 is held.


    Not allowed!

  8. #27
    Banned
    Join Date
    Aug 2016
    Posts
    5,219
    Thumbs Up
    Received: 12
    Given: 18
    GBP/USD

    Today, the British pound has significantly fallen in price against the US currency. This is mainly due to the statement of the Minister of Finance of Great Britain, as well as the beginning of negotiations on the withdrawal of Britain from the European Union. Also, the pressure on the pound has a pervasive strengthening of the US dollar. For this currency pair, in the future, some correction down, but in general, I expect the continuation of the downtrend. The prospective reversal point is at 1.2685, I will sell below this mark with target levels of 1.2590 and 1.2545. In another scenario, the pound / dollar pair will begin to rise and go above 1.2685, then the pair can continue correction to levels 1.2700 and 1.2725.


    Not allowed!

  9. #28
    Banned
    Join Date
    Aug 2016
    Posts
    5,219
    Thumbs Up
    Received: 12
    Given: 18
    EUR/USD

    EURUSD yesterday traded with a decline, failing to achieve its goal at 1.1060. This level represents Fibonacci retracement of 23.6% of the last growth. The technical picture remains bullish as the pair trades below 1.1215. A move above this level could negate the bearish scenario and lead to attempts to restore the bullish trend. On the other hand, the break of support 1.1060 will indicate continuation of the correction and will focus on 1.0922.


    Not allowed!

  10. #29
    Banned
    Join Date
    Aug 2016
    Posts
    5,219
    Thumbs Up
    Received: 12
    Given: 18
    GBP/USD

    The GBPUSD pair confirmed the breach of the level of 1.2720 after the closing of the day's candle below this level. The pair is gradually approaching its main goal at 1.2550. The technical picture in the bearish pair, as evidenced by the downward-directed EMA50. I expect the decline to continue in the upcoming sessions, taking into account the fact that the movement above 1.2720, and then 1.2770, will cancel the bearish scenario and lead to growth.


    Not allowed!

  11. #30
    Banned
    Join Date
    Aug 2016
    Posts
    5,219
    Thumbs Up
    Received: 12
    Given: 18
    USD/JPY

    USDJPY demonstrates trading in the range after yesterday came very close to 112.00. Stochastics is approaching oversold levels, which creates the basis for an attempt to resume the bullish trend again. Therefore, the technical picture is optimistic for the upcoming sessions, unless the bears overcome the level of support at 110.65. The main target for growth is 113.97.


    Not allowed!

Page 3 of 14 FirstFirst 123456713 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •