Home About the company Daily reviews Important support and resistance levels 08.02.2020

Important support and resistance levels 08.02.2020

08.01.2020

Market Review

CADCHF (08.01.2020)

Time frame

Trend

Call levels

Put levels

Xpir time

Н1

flat

0.7410; 0.7442; 0.7460; 0.7478; 0.7488.

0.7500; 0.7488; 0.7460; 0.7442.

1-3 TF

Time of publication of important economic news

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EURCAD (08.01.2020)

Time frame

Trend

Call levels

Put levels

Xpir time

Н1

bearish

1.4450; 1.4538; 1.4569; 1.4615; 1.4650.

1.4712; 1.4650; 1.4615; 1.4569; 1.4538; 1.4450.

1-3 TF

Time of publication of important economic news

---

 

When buying an option against a trend, it is necessary to confirm other technical analysis tools - the presence of divergence, candlestick reversal 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.

Author: admin
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