EUR/USD -- Wednesday reversal and close above 55-DMA shows
it’s not all over for bulls; should bearish trendline cap once
more, upside risks may fade
* 3rd resistance: 1.2444-46, March 7-8 double-top
* 2nd resistance: 1.2413, March 14 high
* 1st resistance: 1.2368, trendline since three-year and YTD
high
* Spot: 1.2355
* 1st support: 1.2318, 21-DMA
* 2nd support: 1.2299, 55-DMA
* 3rd support: 1.2173, 38.2% Fibonacci retracement of gains
since Nov. 7
GBP/USD -- Bullish break enforced by close above 1.4103,
pullback below 1.4088 risks correction
* 3rd resistance: 1.4278, Feb. 1-2 double-top
* 2nd resistance: 1.4210, 78.6% Fibonacci retracement of drop
since Jan. 25
* 1st resistance: 1.4171, Asia session high
* Spot: 1.4148
* 1st support: 1.4088, March 19 high
* 2nd support: 1.3994-96, March 13-14 double-top
* 3rd support: 1.3909-10, 21-, 55-DMA, trendline since Jan. 25
high acting now as support
USD/JPY -- Bulls still battle with 21-DMA resistance while
trendline since Feb. 21 caps; a breakout above trendline or a
fresh YTD low could signal start of a large move
* 3rd resistance: 107.29, March 13 high
* 2nd resistance: 106.94, trendline
* 1st resistance: 106.39, 21-DMA
* Spot: 105.90
* 1st support: 105.58, Asia session low
* 2nd support: 105.46, March 7 low
* 3rd support: 105.25, YTD low
AUD/USD -- Wednesday rally questions bearish momentum
* 3rd resistance: 0.7883, 55-DMA
* 2nd resistance: 0.7806, pivot r2
* 1st resistance: 0.7795, 21-DMA
* Spot: 0.7748
* 1st support: 0.7672, March 21 low
* 2nd support: 0.7654, Dec. 5 high
* 3rd support: 0.7638, 78.6% Fibonacci retracement of gains
since December
Източник Bloomberg Pro Terminal
Read more:
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.