years on the market

Important support and resistance levels 24.01.2020

EURUSD (24.01.2020)

Time frame

Trend

Call levels

Put levels

Xpir time

Н1

bearish

1.1070; 1.1100; 1.1118; 1.1172.

1.1200; 1.1172; 1.1118; 1.1100; 1.1070; 1.1040.

1-3 TF

Time of publication of important economic news

EUR – 11:30; 12:30.

GBPUSD (24.01.2020)

Time frame

Trend

Call levels

Put levels

Xpir time

Н1

bullish

1.2960; 1.3000; 1.3037; 1.3100; 1.3150.

1.3210; 1.3150; 1.3100; 1.3037; 1.3000.

1-3 TF

Time of publication of important economic news

GBP – 12:30.

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 technical and fundamental analysis tools.

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