Re-buy EUR NZD and the targets around 1.6662
It seems that the euro zone will see some
movement during the rest of the week, especially as there is light at the end
of the tunnel now regarding the British exit and a clear decline from the
Italian government on its stances towards the requirements of the European
Union, which strengthens the strength of the euro against the rest of the other
currencies
Technically, the pair is now able to confirm
the upside either on the RSI or on the 4-hour chart's MACD based on strong
support at 1.63, which would give it a chance to retest 1.66 and 1.68 areas
respectively
Trading Recommendation
Buy the pair (repurchase for buyers) from
current levels 1.6505
Take the first profit 1.6662
Take Second Profit 1.68
During the week, the Canadian continued its
gains against the US dollar, taking advantage of the decline of the US dollar
index significantly and the rise in gold prices and the rise in oil prices relatively
during that period, but we are now witnessing high levels of saturation on the
pair may prompt us to buy not from current levels but from some lower levels
Something
Technically, it is not possible to enter into a
buyout on the pair currently, although there is a clear sell saturation but at
the same time the pair is still trading below all the averages of the 8, 50 and
100 did not find clear support for the husband is able to give him the ability
to break the downtrend so far with a negative trend RSI and the MACD so we
prefer to watch the pair which we expect to see some decline before it becomes
suitable for a buy
Trading Recommendation
Stay neutral with the possibility of buying
from 1.3100 levels
Take the first profit 1.3153
Take Second Profit
USD CHF: Prepared to buy if the following
conditions are met
During the week, the pair continued to retreat
towards the main support areas affected by the poor performance of the US
dollar index and the rise of gold holdings and the fog of the American scene
affected by the successive battles of the US President against China and
European cars and Democrats, which makes the entry of transactions based on the
recovery of the US dollar some of its strength is fraught Risk, which applies
to the Swiss franc against the US dollar
Technically and on the 4 hour chart we have
some unfavorable positive signals to buy the pair so we are looking to complete
the picture more clearly and will not enter into long positions until these
conditions are fulfilled so far we have a positive direction on the RSI with
the possibility of getting a buy signal from the developed MACD The presence of
the pair in the strongest support areas, but we will not venture into the
purchase process only by the completion of these conditions just as we will not
venture to sell from those areas
Trading Recommendation
The pair is monitoring the 4-hour chart with
the possibility to enter for the purchase with the beginning of trading the
pair above the 15-day averages and not before
Take profit at 1.0055
With out of the deal at this level and not to
ask for more points
Gold versus the Euro continues to rise to give
us better selling opportunities
As we explained in the previous analysis, we
count on entering into short positions on gold against the euro and not in
buying transactions. We started to enter into successful short positions with
very small targets during the past period without getting involved in long term
deals. Levels above 1160 with targets near 1155 and we recommended going out of
the trades with the re-analysis to determine the next entry areas and we
identified the 1200 areas as a potential area as a final target for gold
against the euro and explained that the region we will sell them in relatively
large sizes of blocks, which we are watching now
Technically, we have not seen any negative
signs of gold against the euro so far. Gold is expected to break above 1187
levels today, but the upper limit of gold targets will not exceed the 1200
areas, which represents an ideal selling area for long-term investments. That
the transaction may need to be held for three months until we reach our final
goals
Trading Recommendation
Put a pending order to sell gold from 1190 and
1200 regions
All trades are as follows
The first targets to close a quarter of the
contracts at 1100
The second target is 1080
The final target at 1055
Noting that we need good economic data from the
European region and ending the British exit crisis to get a good selling
momentum on gold versus the euro
My recommendations and analysis can
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