Latest analysis provided by AMEGA experts. Forex forecasts, charts, recommendations. Everything that you need in one place.
Technical analysis by AMEGA - Opinion

Medium-term trend: Bullish
The bull market is continuing. The price has already reached the target zone №1 111.182-111.096 and it is going to the target zone №2 111.579-111.542. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 110.243-110.158. In case of the price is fixed below the control resistance zone the medium-term trend will be changed to the bear market and all long positions should be closed.
Trading recommendation:
It’s recommended to wait until the price will go to the resistance zone 110.690-110.653 or to the control resistance zone 110.243-110.158 (96 points from current maximum) and we should try to have a long position near the zones with using the pattern «Head&Shoulders» at least on timeframe M15.
The control resistance zone and the resistance zone are constructed from the current maximum. If this maximum changes by n points the zones should also be shifted n points up. The risk/reward ratio for every order should be at least 1/3.
All zones are constructed on the basis of data from the CME futures market.
Advanced platforms
All financial markets on one platform. Buy and sell in one click
Top promotions
100% deposit bonuses, competitions with real prizes
Investment service
Unlimited profits. Complete transparency. Flexible offers. Security
Free deposits / withdrawals
Over 200 payment systems. Account currency of your choice
Flexible terms
ECN trading accounts. Deposit from 0 USD. Flexible leverage
Services you can trust
Best prices from the world banks. Client's funds on separate accounts
It’s recommended to try to have a long position near the control resistance zone 1.32392-1.32287 (111 points from current minimum) with using the pattern «Head&Shoulders» at least on timeframe M15.