Daily TA & Trade Ideas – 31st Mar 2021
A big move higher for the $Index as predicted.
| $Index | Outlook positive of course. |
| GBPJPY | strong support at 1.4840/20 stop below 1.4780 |
| AUDUSD | important head & shoulders neck line resistance at 7660/80 |
| AUDUSD | outlook negative with very strong support at 7520/10. |
| NZDUSD | Strong resistance at 7015/25 & again at 7060/70 today. |
| USDJPY | Higher as predicted & outlook remains positive. See report |
| USDJPY | support at 110.40/30 & 110.00/109.90. |
| EURJPY | support at 129.20/10 likely to see a low for the day if tested. |
| CADJPY | important resistance at 8790/8810 where we watch for negative double top |
| CADJPY | 1st support at 8740/30 but 8700/8690 likely to see a low for the day if tested. |
| EURUSD | best support for this week at 1.1700/1.1690 in severely oversold conditions |
| USDCAD | 1st support at 1.2600/1.2580, best support for today at 1.2560/50. |
| USDCAD | Holding above 1.2600 can initially target 1.2675/85. |
| Gold | very important strong support at 1685/75 |
| 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. |
| GBPJPY | watch for a double top at 152.40/60. |
| Emini S&P | worth betting on a double top pattern here? |
| AUDCAD | strong longer term support at 9550/9500. Longs need stops below 9450. |
