www.varchev.com

Major supports and resistances on the common currency crosses today

Rating:

12345
Loading...

EUR/USD -- Attentions firmly on Feb. high at 1.0829; above here breaks trend of lower low’s since Trump election win
3rd resistance: 1.0874-86, Dec. 8 high, 200-DMA
2nd resistance: 1.0848, pivot r2
1st resistance: 1.0819-29, March 21, Feb. 2 high
Spot: 1.0784
1st support: 1.0760, 61.8% Fibonacci of March 21-22 rise
2nd support: 1.0750, pivot s2
3rd support: 1.0719-06, March 21, 16 low

USD/JPY -- Stays offered after lowest close since November; mid-point of Trump rally comes in at 109.93
3rd resistance: 112.46, March 20 low
2nd resistance: 112.13, March 21 mid open/close price
1st resistance: 111.80, March 22 high
Spot: 111.15
1st support: 110.73, March 22 low
2nd support: 110.27, Nov. 22 low
3rd support: 109.93, 50% retracement of November/December rise

GBP/USD -- Momentum setup underpins move to 200-DMA at 1.2724 (MACD only now testing above zero)
3rd resistance: 1.2706-24, Feb. 2 high, 200-DMA
2nd resistance: 1.2570-82, Feb. 24 high, Feb. 9 high
1st resistance: 1.2520, pivot r1
Spot: 1.2483
1st support: 1.2424, March 22 low
2nd support: 1.2387, 55-DMA
3rd support: 1.2324, March 17 low

AUD/USD -- Finds support from top of ichimoku cloud at 0.7625; below here may swiftly descend to 55-DMA at 0.7599
3rd resistance: 0.7750, March 21 high
2nd resistance: 0.7691, March 22 high
1st resistance: 0.7679, Asia high
Spot: 0.7647
1st support: 0.7625, cloud top
2nd support: 0.7599-90, 55-DMA, March 13 high, 61.8% Fibonacci of March 9-21 rise
3rd support: 0.7552, 76.4% Fibonacci of March 9-21 rise

EUR/GBP -- Still flirts with 38.2% Fibonacci line of Feb./March low-to-high move at 0.8641
3rd resistance: 0.8700, March 22 high
2nd resistance: 0.8685, pivot r1
1st resistance: 0.8664, daily pivot
Spot: 0.8645
1st support: 0.8625, March 6 low
2nd support: 0.8595, 50% retreat of Feb. 22-March 13 rise
3rd support: 0.8569-63, 100-DMA, 200-DMA

USD/CHF -- Closed below 200-DMA yday, first time since before Trump’s win
3rd resistance: 1.0003, March 21 high
2nd resistance: 0.9878, pivot r2
1st resistance: 0.9946, March 22 high
Spot: 0.9936
1st support: 0.9882, March 22 low
2nd support: 0.9870, Feb. 2 low
3rd support: 0.9862, Jan. 31 low

EUR/JPY -- En-route to 76.4% Fibonacci support to 119.34
3rd resistance: 120.73, 100-DMA
2nd resistance: 120.62, March 21 low
1st resistance: 120.31, Asia high
Spot: 119.70
1st support: 119.34, 76.4% Fibonacci of Feb./March rally
2nd support: 118.67, Feb. 28 low
3rd support: 118.24, Feb. 24 low

EUR/NOK -- Hits highest since November before forming a bearish ’shooting star’ candlestick
3rd resistance: 9.2552, Nov. 9 high
2nd resistance: 9.2049, March 22 high
1st resistance: 9.1828, pivot r1
Spot: 9.1500
1st support: 9.1010, March 21 low
2nd support: 9.0668, March 20 low
3rd support: 9.0460, 38.2% Fibonacci of Feb. 22-March 22 rise


 Varchev Traders

Read more:

RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance

London


25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256

Universal numbers

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.

chat with dealer
chat with dealer
Cookies policy