Binary Options Signals for September 19
Hello dear colleagues. Congratulations to everyone on the start of a new week. Let’s consider the indicator analysis of key currency assets.
There are not many fundamental events today, so we check the Economic Calendar at the following time:
- Russia: 16:00.
Do not forget that the release of news is one of the most unfavorable moments for entering a position.
Let’s move on to technical analysis.
Signals on EURUSD
Let’s analyze the indicator data on the four-hour (H4) timeframe.
- BB: the bands are widened, have a slight downward slope. The price is concentrated in the area of the lower border.
- MACD: the bands are in the negative zone, but their size is gradually decreasing.
- RSI: the indicator line starts to increase and exits the overbought area. This indicates a high probability of an upward correction.
Possible pivot points
Support: 1.1162; 1.1150; 1,1120.
Resistance: 1.1175; 1.1200; 1,1215.
Recommendations: buy from support levels.
Signals on GBPUSD
Let’s analyze the data of indicators on H4.
- BB: The bands are widened, have a downward slope caused by Friday’s downward momentum. The price is concentrated near the lower boundary.
- MACD: the bars are in the negative zone, but their size is gradually decreasing.
- RSI: the line is rising, leaving the overbought area. This indicates a high probability of an upward correction.
Possible pivot points
Support: 1.3050; 1,3035 1,3010.
Resistance: 1.3057; 1.3073; 1.3088.
Recommendations: buy only if the price passes one of the resistance levels.
Signals for USDJPY
Let’s analyze the indicator data on the four-hour H4.
- BB: the lines are in a parallel state, the price is near the lower boundary.
- MACD: bars in the negative zone, located near the zero level.
- RSI: the line decreases and begins to enter the oversold zone. This indicates an incomplete downward movement.
Possible pivot points
Support: 101.83; 101.75; 101,50.
Resistance: 101.95; 102.10; 102,40.
Recommendations: buy from support levels.
Choose only trusted binary options brokers, act systematically and do not forget to control the risk.
Have a great week everyone!
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