Daily TA & Trade Ideas – 21st Mar 2021
Video analysis: http://youtu.be/WqZkiUzXDfk?hd=1
| AUDUSD | Key resistance at 7835/45. Shorts need stops above 7850. |
| AUDUSD | A head & shoulders with neck line at 7660/50. |
| NZDUSD | head and shoulders neckline at 7120 /7110 |
| CADJPY | Sell signal – see report |
| USDJPY | important resistance at 109.00/10 again today. Outlook negative |
| USDJPY | Sell a break below 108.70. |
| EURJPY | important resistance at 130.55/75. WE HAVE A SELL SIGNAL |
| EURJPY | best support for today at 129.40/30, SELL A BREAK BELOW HERE |
| CADJPY | outlook now negative after we rejected the 100 month moving average |
| EURUSD | important 10 year trend line support at 1.1840/20, stops below 1.1790. |
| EURUSD | Sell at 1.1985/95 with stops above 1.2010. |
| USDCAD | outlook positive but strong resistance at 1.2615/25 for profit taking on longs |
| EURGBP | Sell at 8600/10 stops above 8620. A break higher is a buy signal |
| Gold | still believe bulls can take control. Holding above 1743/40 is a buy signal |
| Dax June | buy 14600/570 stops below 14530. (We bottomed exactly here on Friday) |
| EURAUD | 9 year trend line, 200 wma support 1.5450/00, stops below 1.5230 |
| NZDJPY | double top sell signal with bearish engulfing candle |
| NZDJPY | Sell at 78.25 / 78.35 with stops above 78.60. |
| NZDCAD | 200 dma support at 8940/30. 10 month trend line at 8915/05. |
| EURAUD | double bottom buy signal, oversold conditions at 9 year trend line |
| USDCHF | outlook positive as we break breakout of a bull flag. |
