Today Forex Signals

اردو فاریكس گائیڈ كی جانب سے روزانہ كی بنیاد پر مشہور و اہم كرنسی پیئرز اور گولڈ وغیرہ كے لئے ٹریڈنگ سگنل مہیا كیے جائیں گے۔ یہ سگنلز یقیناً
ٹریڈنگ میں زیادہ سے زیادہ منافع كمانے میں مدد گار ثابت ہوں گے۔

EU Open Trading Signals March 16, 2021

Here are today’s directional views from the global research desks of Trading Central! These are starting points for your own research to identify opportunities that make sense for you. Like what you see? Feel free to forward this to a friend!

EUR/USD   Gold   Crude Oil (WTI)   GBP/USD   USD/JPY   AUD/USD   Dax (Eurex)   USD/CHF   Bitcoin / Dollar   EUR/JPY

Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.

 

 

EUR/USD Intraday: intraday support around 1.1915. 
Pivot:
1.1915
Our preference:
Long positions above 1.1915 with targets at 1.1940 & 1.1965 in extension.
Alternative scenario:
Below 1.1915 look for further downside with 1.1900 & 1.1885 as targets.
Comment:
A support base at 1.1915 has formed and has allowed for a temporary stabilisation.

Gold Intraday: look for 1754.00. 
Pivot:
1722.00
Our preference:
Long positions above 1722.00 with targets at 1747.00 & 1754.00 in extension.
Alternative scenario:
Below 1722.00 look for further downside with 1714.00 & 1707.00 as targets.
Comment:
The RSI is bullish and calls for further upside.

Crude Oil (WTI)‎ (J1)‎ Intraday: key resistance at 65.55.
Pivot:
65.55
Our preference:
Short positions below 65.55 with targets at 64.15 & 63.70 in extension.
Alternative scenario:
Above 65.55 look for further upside with 66.00 & 66.40 as targets.
Comment:
As long as the resistance at 65.55 is not surpassed, the risk of the break below 64.15 remains high.

GBP/USD Intraday: the downside prevails. 
Pivot:
1.3880
Our preference:
Short positions below 1.3880 with targets at 1.3830 & 1.3810 in extension.
Alternative scenario:
Above 1.3880 look for further upside with 1.3905 & 1.3930 as targets.
Comment:
The RSI is bearish and calls for further decline.

USD/JPY Intraday: supported by a rising trend line. 
Pivot:
109.05
Our preference:
Long positions above 109.05 with targets at 109.30 & 109.45 in extension.
Alternative scenario:
Below 109.05 look for further downside with 108.90 & 108.80 as targets.
Comment:
A support base at 109.05 has formed and has allowed for a temporary stabilisation.

AUD/USD Intraday: continuation of the rebound. 
Pivot:
0.7735
Our preference:
Long positions above 0.7735 with targets at 0.7775 & 0.7785 in extension.
Alternative scenario:
Below 0.7735 look for further downside with 0.7720 & 0.7700 as targets.
Comment:
The RSI is bullish and calls for further upside.

Dax (Eurex)‎ (H1)‎ Intraday: bullish bias above 14386.00. 
Pivot:
14386.00
Our preference:
Long positions above 14386.00 with targets at 14600.00 & 14730.00 in extension.
Alternative scenario:
Below 14386.00 look for further downside with 14300.00 & 14195.00 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

USD/CHF Intraday: under pressure. 
Pivot:
0.9295
Our preference:
Short positions below 0.9295 with targets at 0.9255 & 0.9230 in extension.
Alternative scenario:
Above 0.9295 look for further upside with 0.9310 & 0.9325 as targets.
Comment:
The RSI is bearish and calls for further downside.

Bitcoin / Dollar intraday: rebound towards 59594
54038 is our pivot point.
Our preference:
Rebound towards 59594.
Alternative scenario:
Below 54038, expect 52128 and 50991.
Comment:
The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 56461 and 58432).

EUR/JPY intraday: the upside prevails as long as 129.99 is support
Our pivot point is at 129.99.
Our preference:
The upside prevails as long as 129.99 is support.
Alternative scenario:
The downside breakout of 129.99 would call for 129.71 and 129.54.
Comment:
The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 130.20 and 130.21).

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