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Analytics 12.03

EUR / USD


 On Friday, very good data came out in America, and the currency pair EUR / USD rushed down. In one stroke, having passed more than 100 points. It was predicted that the indicator "Change in the number of employed in the non-agricultural sector" would be: 200K (compared with 239K in January), but the figure was better than the forecast and amounted to 313K, which is more than the forecast and much more.
Today we are expecting a quieter day than on Friday, but there are already small forecasts for the week. For the EUR / USD currency pair on the H4 chart, we see that the price is near the moving average of MA200 for H4, while this MA200 coincides with the neckline of the technical analysis figure "head and shoulders". Chart D1 also draws a technical analysis figure "triple top", which is most likely to sweep the trend.
Today, for sale with a short stop, we enter when the line breaks 1.2290 to the level of 1.2180.
If the pair consolidates above 1.2340 it is worth considering short-term purchases to the level of 1.2415.
The main support and resistance lines for the pair today:
Resistance: 1.2340; 1.2380; 1.2415
support: 1.2290; 1.2230; 1.2180

 GBP / USD

 For the GBP / USD currency pair, the picture is not an unambiguous pair since the opening of trading is trading in a very narrow corridor of 16 points. The Friday scenario is fully worked out, and the currency pair has returned to the level of 1.3850. Now the pair is near the moving average levels of MA200 on H1.
If the pair breaks the level of 1.3800, you can safely sell up to level 1.3710.
If the pair is fixed above the level of 1.3870 it is worth to consider short-term purchases to the level of 1.3910 (1.3970)
Do not forget to put S \ L. Most likely, the pair will go lower, but then do not forget to transfer the deal to the breakeven.
The main support and resistance lines for the pair today:
Resistance: 1.3850; 1.3910; 1.3970.
support: 1.3800; 1.3760; 1.3710.


USD / JPY


 The USD / JPY currency pair has been trading for more than three weeks in the range of 107.75-105.40. The range, like not small, but due to the uncertainty in the political and economic situation in Japan, it is very difficult to predict accurately what will happen to the currency pair. Basically all this time she moved on the speeches of the central bank's leaders. At H1, the pair is near the MA200 moving average. Of course, in which direction the USD / JPY currency pair will hit MA200 there short-term and will rush, but I still advise, so far, only to monitor the development of the political and economic situation in Japan.
The main support and resistance lines for the pair today:
Resistance: 106.70; 107.40; 107.70
support: 106.20; 105.25; 104.90