Close

Request a call back

Analytics 21.03

EUR / USD

 
Yesterday the EUR / USD almost all day fell and reached intraday low 1.2240. Now the currency pair is trading above this level, but still trades below the moving average of MA200 on H1.
The key resistance for today is located in the area of ​​1.2290 (there is a strong resistance line with the middle line of the channel on H4). As long as the line is not broken, the EUR / USD is prone to decline and will decline to 1.2220 and 1.2190.
Returning, breaking through and fastening above 1.2290 will lead to an increase of 1.2330.
We do not forget that despite the technical analysis there is still a fundamental one. And today we are waiting for the Fed meeting on the news. Therefore, be careful with transactions and do not forget to close your transactions on time.
The main support and resistance lines for the pair today:
Resistance: 1.2290; 1.2360; 1.2400
support: 1.2230; 1.2180; 1.2070

 

 

GBP / USD

 
The GBP / USD could not hold above the strong resistance level 1.4060 and turned down. Stopping near the middle line of the channel on H4 and near the psychological level of 1.4000.
The currency pair GBP / USD is still traded above the MA200 moving average on H1, at the moment the bulls are stronger than the bears. But whether this will show the day.
Today we expect that the pair will reach the level of 1.3950, which it did not reach yesterday.
Until the level of 1.4025 is broken up, the decline is likely to reach 1.3980 and 1.3950.
A break above 1.4025 will target the pair at 1.4060 and 1.4090.
Do not forget to put S \ L.
The main support and resistance lines for the pair today:
Resistance: 1.4060; 1.4095; 1.4140.
Support: 1.4000; 1.3970; 1.3950.

 

USD / JPY


 
Yesterday the USD / JPY currency pair did not find the strength to return and pierce the moving average of the MA200 to H1. As long as Japan's monetary policy does not completely "settle down", it is very neat to trade this pair.
After the pair breaks and fixes above level 106.60, it should aim at level 106.80.
The fall below 106.30 lower the USD / JPY currency pair below the level 106.10.
Do not forget that the trend for the pair is downward, and that the new directorate of the central bank will take up its duties only next week.
So be careful with shopping for today.
The main support and resistance lines for the pair today:
Resistance: 106.50; 106.90; 107.20
support: 106.25; 105.90; 105.50