Key option levels for Tuesday, March 28th
Trade scenarios for EUR/USD, GBP/USD and USD/CAD based on key option levels
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
USD/JPY: "Window" is waiting for bulls
The last “Tweezers” led to an upward price movement, so the price achieved the Moving Averages.
EUR/USD: bearish correction is on the way
There’s a “Harami”, which has been confirmed. Therefore, the nearest “Window” is likely going to act as a support during the day.
Trading formal Brexit trigger – Article 50
General Information UK Prime Minister Theresa May is going to file divorce papers on March 29…
GBP/USD: "V-Top" pushing the market lower
We’ve got a “V-Top”, so bears are likely going to reach a support area between the levels 1.2506 – 1.2492.
EUR/USD: bears going to reach the nearest support
We’ve got a “V-Top” pattern right under a resistance at 1.0911. In this case, the price is likely going to test the 55 Moving Average, which could act as a support.
USD/JPY: Dollar may go lower
Technical levels: support – 110…
EUR/USD: euro located under daily resistance
Technical levels: support – 1…
USD/CHF: bears are heading to the south
On the USD/CHFdaily chart, there is an implementation of 5-0, "Shark" and AB = CD patterns…
USD/JPY: the yen is accelerating its pace
On the USD/JPY daily chart, quotes returned to the borders of the downward trading channel…
EUR/AUD broke resistance zone
EUR/AUD broke resistance zone Next buy target - 1…
