Good morning colleagues. It’s the middle of the week and it’s time to conduct an indicator analysis of key currency assets and consider a list of the main news of the day.
We check the economic calendar at the following time:
- UK: 11:30 a.m.
- Eurozone: 12:00.
- USA: 3:30 p.m.; 17:30.
- Australia: 1:30 p.m.
Do not forget that the release of news is one of the most unfavorable moments for entering a position.
Let’s move on to technical analysis.
Signals on EURUSD
Let’s analyze the indicator data on the four-hour (H4) timeframe.
- BB: the bands are in neutral, the price is concentrated below the midline.
- MACD: the bars are small in size and are in the negative zone.
- RSI: the line has a weak upward angle, which can go into neutral at any time.
Possible pivot points
Support: 1.1210; 1.1200; 1,1190.
Resistance: 1.1230; 1.1245; 1,1285.
Recommendations: sell from resistance levels.
Signals on GBPUSD
Let’s analyze the data of indicators on H4.
BB: the bands are in a parallel state, the price has accumulated near the lower boundary.
MACD: the bars are in the negative zone, but their size is gradually decreasing. This indicates the gradually growing strength of market bulls.
RSI: the line rises and begins to exit the oversold area.
Possible pivot points
Support: 1.3190; 1,3175 1,3150.
Resistance: 1.3231; 1.3250; 1.3280.
Recommendations: buy from support points.
Signals for USDJPY
Let’s analyze the indicator data on the four-hour H4.
- BB: the line is in a neutral position, the price is repelled from the upper border and directed downwards.
- MACD: the bars are in the positive zone and begin to gradually decrease.
- RSI: the line is decreasing.
Possible pivot points
Support: 102.53; 102.40; 102,20.
Resistance: 102.90; 103.00; 103,20.
Recommendations: sell after the price approaches the resistance points.
Cooperate with trusted binary options brokers and trust your own trading strategy.
Have a good day!
Tagged with: Binary Options Signals • Binary Options Signals • Binary Options Trading Signals
