The Analytical Overview of the Main Currency Pairs on 2019.03.26

The EUR/USD currency pair

Technical indicators of the currency pair:
  • Prev Open: 1.12966
  • Open: 1.13158
  • % chg. over the last day: +0.17
  • Day's range: 1.13052 – 1.13220
  • 52 wk range: 1.1214 – 1.2557

EUR/USD stabilized after a long fall last week. EUR is supported by the strong economic reports from Germany. The financial market participants are worried about the possible recession in the world economy. Right now the quotes are consolidating. The key levels are 1.13000 and 1.13250. You should open positions from these levels and watch the US economic releases.

The Economic News Feed for 26.03.2019:

  • - Real Estate Market Report (US) – 14:30 (GMT+2:00);
  • - Consumer Trust Index (US) – 16:00 (GMT+2:00);
EUR/USD

The indicators do not provide precise data, the price has crossed 50 MA.

The MACD histogram is close to 0.

The Stochastic Oscillator started to leave the oversold zone, the %K line is above the %D line which points towards a recover of EUR/USD.

Trading recommendations
  • Support levels: 1.13000, 1.12750
  • Resistance levels: 1.13250, 1.13500, 1.13900

If the price fixes below 1.13000, expect the quotes to fall toward 1.12750-1.12500.

Alternatively, the quotes can recover toward 1.13500-1.13700.

The GBP/USD currency pair

Technical indicators of the currency pair:
  • Prev Open: 1.32141
  • Open: 1.31946
  • % chg. over the last day: -0.05
  • Day's range: 1.31774 – 1.32226
  • 52 wk range: 1.2438 – 1.4378

GBP keeps consolidating. The GBP/USD quotes are testing the key levels at 1.31600 and 1.32250. On Monday Theresa May said that she doesn't have enough support for a second vote. Keep an eye on this issue and open positions from the key levels.

The Economic News Feed for 26.03.2019 is calm.

GBP/USD

Indicators do not provide precise signals, the price crossed 50 MA and 200 MA.

The MACD histogram is close to 0.

The Stochastic Oscillator is in the neutral zone, the %K is above the %D line which points to the bullish mood.

Trading recommendations
  • Support levels: 1.31600, 1.31000, 1.30300
  • Resistance levels: 1.32250, 1.33000, 1.33600

If the price fixes above 1.32250, expect the movement toward 1.32750-1.33000.

Alternatively, the quotes can fall toward 1.31000.

This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.

Mở tài khoản The USD/CAD currency pair

Technical indicators of the currency pair:
  • Prev Open: 1.34257
  • Open: 1.34064
  • % chg. over the last day: -0.23
  • Day's range: 1.33863 – 1.34073
  • 52 wk range: 1.2248 – 1.3664

USD/CAD retreated from the local maximums. The technical picture is ambiguous. CAD is consolidating in the 1.33850-1.34100 range. The financial market participants are waiting for additional drivers. Today you should keep an eye on the US economic releases and open positions from the key levels.

The Economic News Feed for 26.03.2019 is calm.

USD/CAD

The indicators do not provide precise signals, the price fixed between 50 MA and 200 MA.

The MACD histogram is in the negative zone but above the signal line which gives a weak signal to sell USD/CAD.

The Stochastic Oscillator is in the neutral zone, the %K line is crossing the %D line. There are no signals at the moment.

Trading recommendations
  • Support levels: 1.33850, 1.33500, 1.33100
  • Resistance levels: 1.34100, 1.34400, 1.35000

If the price fixes above 1.34100, expect the quotes to grow toward 1.34400-1.34700.

Alternatively, the quotes can fall toward 1.33600-1.33400.

The USD/JPY currency pair

Technical indicators of the currency pair:
  • Prev Open: 109.996
  • Open: 109.977
  • % chg. over the last day: -0.03
  • Day's range: 109.977 – 110.243
  • 52 wk range: 104.56 – 114.56

USD/JPY stabilized after an agressive sell-off last week. The key support and resistance levels are 109.800 and 110.300. The demand for safe assets is high. The investors are worried about growing recession risks. Keep an eye on the economic reports and the US Treasury bonds` yield dynamic. Open positions from the key levels.

The Economic News Feed for 26.03.2019 is calm.

USD/JPY

Indicators do not provide precise signals, the price has crossed 50 MA.

The MACD histogram is in the positive zone which points to the power of the buyers.

The Stochastic Oscillator is near the overbought zone, the %K line is above the %D line which gives a weak signal to buy USD/JPY.

Trading recommendations
  • Support levels: 109.800, 109.500
  • Resistance levels: 110.300, 110.600, 110.900

If the price fixes above 109.800, expect the quotes to fall toward 109.500-109.300.

Alternatively, the quotes can recover toward 110.600-110.900.

by JustMarkets, 2019.03.26

We recommend you to get acquainted with the daily overview of the news feed.

This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.

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