AtoZ Magic Forex Trading Strategy for January 10


The following is AtoZ Magic Forex Trading Strategy analysis for three major currency pairs EURUSD, GBPUSD and AUDUSD. 

10 January, AtoZForex – Today we have market expectations along with pivot points for three currency pairs.

Magic EURUSD trade setups for January 10

Based on today’s AtoZ Magic Forex Trading Strategy analysis for EURUSD saw bullish price developments. The pair rebound from R2 level at 1.0627 early this morning and continue downward. Hence, stochastic indicator is above 50 level however, is sloping down. A clear break above R2 level we are going to see the pair developing further bullish price developments towards to R3 level. We can expect a rebound from S1 level today for further bullish developments.

Today’s Pivot points and trade setups for EURUSD are as follows:

R1: 1.05988, R2: 1.06270, R3: 1.06710

S1: 1.05266, S2: 1.04826, S3: 1.04544

AtoZ Magic Forex Trading Strategy for January 10 AtoZ Magic Forex trading strategy for EURUSD (click to zoom in)

Magic GBPUSD trade setups for January 10

According to AtoZ magic Forex Trading Strategy for GBPUSD saw bearish price developments. We can expect the pair to rebound from S2 level and continue upward if S1 level break. Hence, stochastic indicator is below 50 level and indicates bearish.

Today’s Pivot points and entry levels for GBPUSD are as follows:

R1: 1.22450, R2: 1.23311, R3:1.23916

S1: 1.20984, S2: 1.20379, S3: 1.19518

AtoZ Magic Forex Trading Strategy for January 10 AtoZ Magic Forex trading strategy for GBPUSD (click to zoom in)

Magic AUDUSD trade setups for January 10

For today’s AUDUSD AtoZ magic Forex Trading Strategy we can expect the pair to rebound from S1 and continue upward. Hence, stochastic indicator is above 50 level. The pair rebound below R1 level early this morning and continue downward.

Today’s Pivot points and entry levels for AUDUSD are as follows:

R1: 0.73882, R2: 0.74238, R3: 0.74737

S1: 0.73027, S2: 0.72528, S3: 0.72172

AtoZ Magic Forex Trading Strategy for January 10 AtoZ Magic Forex trading strategy for AUDUSD (click to zoom in)

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