Daily trading analysis 18 March 2022 - Find current and future trends with analysts


 

 

 

 

 

 

Here's today's directional view from Trading Central's global research analysis! This is a starting point for starting your own analysis to identify opportunities that make sense to you. As you can see? Feel free to share this with friends! 



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  • Please note that due to market volatility, some key levels may have been reached and scenarios executed.




USD/CAD intraday: towards 1.2585.

 

  • USD/CAD

Pivot point (cancellation rate) : 1.2655

Our Preference: short positions below : 1.2655 with targets : 1.2605 & 1.2585 within the range.

Alternative scenario: above : 1.2655, next upside targets are : 1.2680 & 1.2710.

Technical note: a decline below : 1.2605 will trigger a decline towards : 1.2585.

Support and Resistance:

  • 1.2710
  • 1.2680
  • 1.2655
  • 1.2624 Last Price
  • 1.2605
  • 1.2585
  • 1.2565







Intraday AUD/USD: target 0.7430.

  • AUD/USD

Pivot point (cancellation rate) : 0.7350

Our preference: long positions above : 0.7350 target : 0.7400 & 0.7430 within the range.

Alternative scenario: below : 0.7350 the next downside target is towards : 0.7320 & 0.7285.

Technical description: technically, the RSI is above 50%.

Support and Resistance:

  • 0.7460
  • 0.7430
  • 0.7400
  • 0.7382 Last Price
  • 0.7350
  • 0.7320
  • 0.7285






 

USD/JPY intraday: up.


  • USD/JPY

Pivot point (cancellation rate) : 118.45

Our preference: long positions above : 118.45 targeting : 118.85 & 119.10 within the range.

Alternative scenario: below : 118.45 then the next downside target is towards : 118.30 & 118.15.

Technical description: RSI needs a new upleg.

Support and Resistance:

  • 119.30
  • 119.10
  • 118.85
  • 118.71 Last Price
  • 118.45
  • 118.30
  • 118.15












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