24th-28th June 2019

24th-28th Technical Analysis

Authored by Muhd Haniff or better known as Hanzo, official technical analyst at UAGTRADE. This analysis intends to unveil the directional bias for selected instruments on only technical view based on supply and demand. All information provided is for educational purpose only, not trade calls or investment advice.

Quick Take:-

  • EURUSD: Price was not able to to break the previous mentioned breakout and bounce upward, waiting for pullback to the nearest zone for entry
  • EURGBP: Expected the price to go down, for swing low, two further support need to be broken
  • EURCHF: The price already at the previous targeted area, currently in wait and see mode for any retracement or breakout
  • GBPUSD: No definite signal yet, the nearest resistance level can be either broken or reject as no clear reaction yet
  • CHFJPY: Price in resistance zone, wait for rejection for sell or breakout for buy
  • GBPJPY: Safe entry is at the upper base, head and shoulder may be formed
  • USDCHF: Price reacted as predicted previously, already reaching nearest base, a suport for take profit area
  • USDJPY: Expecting price to go up at the previous resistance area for selling on retracement
  • EURNZD: Possible swing entry formation formed, unless broken, it is only for retracement

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