years on the market

Important support and resistance levels 07.10.2019

EURUSD (07.10.2019)

Time frame

Trend

Call Levels

Put levels

Xpir time

Н1

bearish

1.0880; 1.0905; 1.0940; 1.0964; 1.0990; 1.1024.

1.1075; 1.1024; 1.0990; 1.0964; 1.0940; 1.0905.

1-3 TF

Time of important economic news publication

USD – 20:00.

 

GBPUSD (07.10.2019)

Time frame

Trend

Call levels

Put levels

Xpir time

Н1

bearish

1.2208; 1.2276; 1.2342; 1.2413; 1.2500.

1.2580; 1.2500; 1.2413; 1.2342; 1.2276; 1.2208.

1-4 TF

Time of important economic news publication

USD – 20:00.

 

When buying an option against the trend, it is necessary to confirm other technical analysis tools – the presence of divergence, reversal candlestick patterns. Buy against the trend strictly on the retest level! Buying an option before publishing important economic news is considered risky.  The expiration time depends on the strength of the level and confirmation by additional tools of technical and fundamental analysis.

Other reviews

Choose your language