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Forex Trades 03/25 - European session - by [URL="www.forexticket.co.uk"]Forex ticket[/URL] (ex [URL="http://www.mataf.net"]mataf.net[/URL])

[b][img]http://www.forexticket.co.uk/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.forexticket.co.uk/en/forex/eurusd"]EUR/USD - Euro / US Dollar[/url][/b]
[b]Entry[/b]: 1.3
[b]Stop[/b]: 1.305
[b]Resistances[/b]: 1.316 - 1.3105 - 1.305
[b]Supports[/b]: 1.2845 - 1.289 - 1.2975

[b][img]http://www.forexticket.co.uk/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.forexticket.co.uk/en/forex/euraud"]EUR/AUD - Euro / Australian dollar[/url][/b]
[b]Entry[/b]: 1.2425
[b]Stop[/b]: 1.2455
[b]Resistances[/b]: ...

[B]BIAS[/B]: I feel a lot of today could be sideways consolidation

[B]Resistance[/B]:... 1.0459-72... 1.0485... 1.0502... 1.0523
[B]Support[/B]:........ 1.0418-34... 1.0405... 1.0388... 1.0367

[B]MAIN ANALYSIS[/B]: The early correction did stall close to 1.0422 - just 2 points below - and saw a seesaw day up to 1 point below the lower 1.0460 target. I think there's a chance that we may even see 1.0472 but otherwise we'll be due a correction lower again to the 1.0418-34 retracement zone. From here we should then see a rally above 1.0472 and to above 1.0500 - the estimated target around 1.0523-52. From here expect a correction lower.

[B]COUNTER ANALYSIS:[/B] Only a break below 1.0400 would ...

Attached Files

• The Brief Daily Forecaster.pdf (86.5 KB, 52 次查看)

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Good day forex traders.

In the previous EUR/USD forecast we noted that the 1.3 line remains pivotal to the currency pair’s price action. The RSI on the daily suggested that the bearish pressure was weakening.

[I]EUR/USD Chart[/I]

[B]Technical Analysis[/B]

Looking at the daily EUR/USD chart above, we note that a forex gap happened. Again as I said over the years, forex gaps can happen anytime and hence ensure that ...