MAYZUS Daily Technical Analysis - page 7

 

MAYZUS Daily Technical Levels

EUR/USD - Growth is possible

Our turning point is the level of 1.38750

Our preference: Buy the EUR/USD above the level of 1.38750 with the key targets being: 1.3900, 1.39200 and 1.39400.

Alternative scenario: If the support level of 1.38750 is breached down with success, then the pair could drop to 1.38600, 1.38450 and 1.38250.

Analysis: The technical indicators will give a signal to buy soon.

Please note that this information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.

 

MAYZUS Daily Technical Levels

GBP/USD – during the day there is a risk of a technical correction

Our turning point is the level of 1.66500

Our preference: Sell the GBP/USD pair below the level of 1.66500, with the nearest targets being 1.66270, 1.66100 and 1.65975.

Alternative scenario: If the level of 1.66500 is breached up with success, then the pair could rise to 1.66650, and 1.66900.

Analysis: The stochastic points that GBP/USD is overbought.

Please note that this information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.

 

MAYZUS Daily Technical Levels

USD/JPY – during the day there is a risk of a technical correction

Our turning point is the level of 101.8500

Our preference: Sell the USD/JPY pair below the level of 101.500, with the nearest targets being 101.250, 101.000, and 100.750.

Alternative scenario: If the resistance level of 101.8500 is breached up with success, then the pair could rise to 102.200, 102.500 and 102.900.

Analysis: The stochastic gave a signal to sell.

Please note that this information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.

 

MAYZUS Daily Technical Levels

AUD/USD – during the day there is a risk of a technical correction

Our turning point is the level of 0.90650

Our preference: Sell the pair below the level of 0.90650 , with the nearest targets being 0.90500, 0.90300 and 0.90100.

Alternative scenario: If the resistance level of 0.90650 is breached up with success, then the pair could rise to the following levels: 0.90870 and 0.91000.

Analysis: The technical indicators will give a signal to sell soon.

Please note that this information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.

 

MAYZUS Daily Technical Levels

XAU/USD – during the day there is a risk of a technical correction

Our turning point is the level of $1385

Our preference: Sell Gold below the level of $1385, with the nearest targets being $1375, $1365 and $1355.

Alternative scenario: If the resistance level of $1385 is breached up with success, then Gold could rise to $1390, $1400 and $1415.

Analysis: The technical indicators point that Gold is overbought.

Please note that this information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.

 

MAYZUS Daily Technical Levels

XAG/USD – during the day there is a risk of a technical correction

Our turning point is the level of $21.50

Our preference: Sell Silver below the level of $21.300, with the nearest levels being $21.00, $20.80 and $20.60.

Alternative scenario: If the resistance level of $21.50 is breached up with success, then Silver could rise to $21.750, $22.00.

Analysis: The technical indicators point towards a weakening of the upward trend

Please note that this information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.

 

MAYZUS Daily Technical Levels

EUR/USD - during the day there is a risk of a technical correction

Our turning point is the level of 1.39400

Our preference: Sell the EUR/USD below the level of 1.39400 with the key targets being: 1.38850, 1.38300 and 1.37800.

Alternative scenario: If the resistance level of 1.39400 is breached up with success, then the pair could rise to 1.39650, 1.40160 and 1.40475.

Analysis: The technical indicators point towards a weakening of the upward trend.

Please note that this information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.

 

MAYZUS Daily Technical Levels

GBP/USD – during the day there is a risk of a technical correction

Our turning point is the level of 1.66400

Our preference: Sell the GBP/USD pair below the level of 1.66400, with the nearest targets being 1.66100, 1.65900 and 1.65700.

Alternative scenario: If the level of 1.66400 is breached up with success, then the pair could rise to 1.66650, 1.66900 and 1.67100.

Analysis: The technical indicators gave a signal to sell GBPUSD pair.

Please note that this information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.

 

MAYZUS Daily Technical Levels

USD/JPY – Growth is possible

Our turning point is the level of 101.500

Our preference: Buy the USD/JPY pair above the level of 101.500, with the nearest targets being 101.850, 102.200, 102.500 and 102.900.

Alternative scenario: If the support level of 101.500 is breached down with success, then the pair could drop to 101.250, 101.00, 100.750.

Analysis: The stochastic points that USDJPY pair is oversold.

Please note that this information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.

 

MAYZUS Daily Technical Levels

AUD/USD – Growth is possible

Our turning point is the level of 0.90650

Our preference: Buy the pair above the level of 0.90650 , with the nearest targets being 0.90950, 0.91180, 0.91350.

Alternative scenario: If the support level of 0.90650 is breached down with success, then the pair could drop to the following levels: 0.90400, 0.90200 and 0.89950.

Analysis: The stochastic points that AUDUSD pair is oversold.

Please note that this information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.

Reason: