Daily TA & Trade Ideas – 6th Apr 2021
Dollar about to turn higher? http://youtu.be/AOfbUr6a20I?hd=1
| $Index | Outlook positive of course. |
| GBPJPY | strong support at 1.4840/20 stop below 1.4780 |
| AUDUSD | important head & shoulders neck line resistance at 7665/85 |
| NZDUSD | Strong resistance 7060/70. Stops above 7085 |
| NZDUSD | very strong resistance at 7105/15. Stop above 7040 |
| USDJPY | Higher as predicted & outlook remains positive. See report |
| USDJPY | support at 110.00/109.90. Stop below 109.70 |
| CADJPY | Likely to be forming a bull flag. |
| EURUSD | strong resistance at 1.1820/30, stops above 1.1850 |
| EURAUD | 9 year trend line, 200 wma support 1.5450/00, stops below 1.5230 |
| AUDCAD | strong resistance at 9600/10. Stop above 9625 |
| USDCHF | strong support at 9360/50. Stop below 9335. |
| USDCHF | Very strong longer term MA resistance at 9515/9545 |
| USDZAR | strong support at the range low at 1455/35. |
| Gold | Outlook positive in the medium term. |
| Gold | downside is expected to be limited, support at 1720/18,1710/08,1699/96 |
