Daily analysis of major pairs for March 20, 2014
March 20, 2014 7:15 amVideo
Latest News
- Analysis of the GBP/USD pair on April 18, 2024 April 18, 2024
- Analysis for EUR/USD pair on April 18th. Dull ending to a dull week April 18, 2024
- USD/JPY: Simple trading tips for novice traders on April 18th (US session) April 18, 2024
- GBP/USD: Simple trading tips for novice traders on April 18th (US session) April 18, 2024
- EUR/USD: Simple trading tips for novice traders on April 18th (US session) April 18, 2024
- GBP/USD: trading plan for the US session on April 18th (analysis of morning deals) April 18, 2024
- Trading Signals for EUR/USD for April 18-20, 2024: buy above 1.0641 (21 SMA – 2/8 Murray) April 18, 2024
- Bitcoin slides ahead of halving event – Crypto News April 18, 2024
- Trading Signals for BITCOIN (BTC/USD) for April 18-20, 2024: buy above $62,500 or $63,037 (4/8 Murray – rebound) April 18, 2024
- GBP/USD. April 18th. Andrew Bailey did not clarify the situation on QE April 18, 2024
- Trading Signals for GOLD (XAU/USD) for April 18-20, 2024: buy above $2,375 (6/8 Murray – 21 SMA) April 18, 2024
- Technical Analysis – Netflix stock moves within narrow range ahead of earnings April 18, 2024
- Technical Analysis – GBPUSD tries to recoup some losses April 18, 2024
- USD/JPY in crisis April 18, 2024
- EUR/USD: trading plan for US session on April 18. EUR gets stuck at 1.0686 April 18, 2024
- Fed to keep policy tight for longer than markets view April 18, 2024
- Technical Analysis – BTCUSD drops to 6-week low as halving looms April 18, 2024
- Midweek Technical Look – EURUSD, US 500, WTI April 18, 2024
- Technical Analysis – AUDJPY pulls back but stays in uptrend April 18, 2024
- Forex forecast 04/18/2024: EUR/USD, USD/JPY, Oil and Bitcoin from Sebastian Seliga April 18, 2024
EUR/USD: The
sudden drop in the EURUSD has resulted in a serious violation of the extant bullish
bias. Should the price trade below the support line at 1.3800, the action would
lead to a Bearish Confirmation Pattern in the chart. The price is currently
trying to rally that may be halted at the resistance line of 1.3850.
USD/CHF: The
price action that occurred yesterday in this market led to a confirmation
of a bullish bias. From under the support level at 0.8750, the price shot
upwards by close to 90 pips. For this confirmed bullish bias to be sustained,
the price must stay above the EMA 56.
GBP/USD: There has been a southward break on the Cable,
which is in the direction of the extant propensity anyway. A drop of 100 pips
so far this week is enough to strengthen the determination of the bears, and
the price could end up hitting the accumulation territory at 1.6500.
USD/JPY: Because the
greenback experienced a sudden surge of energy, the USD/JPY has skyrocketed (this
is also the reason behind the strength of the USD/CHF, the weakness of the EUR/USD,
etc.). However, the pair must stay above the demand level at 102.00 so that the
new bullish bias can continue to be valid. There are fundamental figures which
are coming out today, and they will have further impact on the greenback.
EUR/JPY: This
Euro has been unable to go significantly upwards against the Yen – hence the
current equilibrium phase. The price could eventually break either the supply
zone at 142.00 to the upside or the demand zone at 141.00 to the downside.
The material has been provided by InstaForex Company – www.instaforex.com
Related Posts: