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Analytics 19.03

EUR / USD

 
Currency pair EUR / USD has not approached the moving average of MA200 on H1. The market is still dominated by bears, because the market price is slightly lower than the MA200 for H1. On H1, the MAXD indicator showed a divergence, and this indicates the intention of the pair to solve a little upwards.
It follows that the pair will want to recover to the level of 1.2310.
For today the pair expect such actions:
The fall of the pair to 1.2260 (near the low of March 16), and then to 1.2235.
The main support and resistance lines for the pair today:
Resistance: 1.2290; 1.2340; 1.2390
support: 1.2230; 1.2180; 1.2070

 

 

GBP / USD

 
The currency pair GBP / USD on H1 is moving in the downward corridor for the fourth day. The pair does not yet show signals to turn. If the technical recovery of the pair continues, it will be limited to resistance 1.3955.
While the currency pair has not overcome this resistance, it has opened the way to 1.3910 and 1.3880.
The growth is above the level of 1.3955 and the consolidation above this level is setting the pair at 1.3980 and 1.3995. Do not forget to put S \ L.
The main support and resistance lines for the pair today:
resistance: 1.3955; 1.4045; 1.4110.
support: 1.3910; 1.3880; 1.3850.

 

USD / JPY

 
USD / JPY continues its downward movement in the channel, which is being built for the fifth day. This tells us that the bears on the market are the main ones. The pair never got ready to return to the MA200 moving average on H1 and while it is trading below it.
Today with the currency pair it is worthwhile to be cautious. Strong resistance of the pair is at 106.20.
Growth above this level will open a couple of way to 106.40.
The breakthrough of support 105.60 aims at the pair at 105.30.
Do not forget that the trend for the pair is downward, and be careful with shopping for today.
The main support and resistance lines for the pair today:
Resistance: 106.40; 106.80; 107.20
support: 105.50; 105.30; 105.00