Daily TA & Trade Ideas – 30th Mar 2021
$index higher as expected & outlook remains positive. We could even see accelerated gains as the bull trend develops.
| $Index | Bulls need a break above 10 year trend line resistance at 9310. |
| GBPJPY | strong support at 1.4840/20 stop below 1.4780 |
| AUDUSD | important head & shoulders neck line resistance at 7660/80 |
| NZDUSD | Topped exactly at 7015/25 but can target 7060/70 today. |
| USDJPY | Higher as predicted & outlook remains positive. See report |
| EURJPY | strong resistance at 1.2935/45, head & shoulders pattern forming?? |
| EURJPY | strong support at 128.40/20 |
| CADJPY | important resistance at 8790/8810 where we watch for negative double top |
| CADJPY | best support again this week at 8610/8590. |
| EURUSD | important resistance level of the week is at 1.1810/30 |
| EURUSD | 3 month trend line support at 1.1770/60. A break below 1.1750 is negative. |
| USDCAD | Best support for today at 1.2570/50. |
| USDCAD | A break above 1.2630 this week can initially target 1.2675/85. |
| GBPUSD | strong resistance at 1.3850/60. Watch for a high for the day. |
| EURAUD | 9 year trend line, 200 wma support 1.5450/00, stops below 1.5230 |
| NZDEUR | Strong support at 5880/60 on the weekly chart, stops below 5830. |
| AUDJPY | key resistance at 8380/8400. (Could be a head & shoulders forming?) |
| GBPJPY | watch for a double top at 152.40/60. |
| USDCHF | Outlook positive with strong support at 9320/00 |
| Emini S&P | worth betting on a double top pattern here? |
