Daily trading analysis 11 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 seen? Feel free to share this with friends! 



USD/CAD intraday: up.


www.fxxprofit.com


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


USD/CAD
Pivot point (cancellation rate) : 1.2750

Our preference: long positions above : 1.2750 targeting : 1.2800 & 1.2830 within the range.

Alternative scenario: below : 1.2750 the next downside target is towards : 1.2730 & 1.2710.

Technical description: RSI needs a new upleg.

Support and Resistance:

  • 1.2860
  • 1.2830
  • 1.2800
  • 1.2788 Last Price
  • 1.2750
  • 1.2730
  • 1.2710






intraday AUD/USD: declining.

AUD/USD
Pivot point (cancellation rate) : 0.7365

Our preference: short positions below : 0.7365 with targets : 0.7325 & 0.7305 within the range.

Alternative scenario: above : 0.7365, the next upside targets are : 0.7380 & 0.7400.

Technical description: RSI needs a new downleg.

Support and Resistance:

  • 0.7400
  • 0.7380
  • 0.7365
  • 0.7340 Last Price
  • 0.7325
  • 0.7305
  • 0.7290












USD/JPY intraday: strength dominates.

USD/JPY 

Pivot point (cancellation rate) : 116.00

Our preference: long positions above : 116.00 targeting : 116.40 & 116.55 within the range.

Alternative scenario: below : 116.00 the next downside target is towards : 115.80 & 115.65.

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

Support and Resistance:

  • 116.70
  • 116.55
  • 116.40
  • 116.24 Last Price
  • 116.00
  • 115,80
  • 115.65








GBP/USD intraday: watch 1.3070.

GBP/USD

Pivot point (cancellation rate) : 1.3120

Our Preference: short positions below : 1.3120 with targets : 1.3070 & 1.3050 within the range.

Alternative scenario: above : 1.3120, the next upside targets are : 1.3140 & 1.3160.

Technical note: a drop below : 1.3070 will trigger a decline towards : 1.3050.

Support and Resistance:

  • 1.3160
  • 1.3140
  • 1.3120
  • 1.3088 Last Price
  • 1.3070
  1. 1.3050
  • 1.3030







EUR/USD intraday: towards 1.0940.

 

EUR/USD

Pivot point (cancellation rate) : 1.1030

Our preference: short positions below : 1.1030 with targets : 1.0975 & 1.0940 within the range.

Alternative scenario: above : 1.1030, the next upside targets are : 1.1060 & 1.1085.

Technical note: a drop below : 1.0975 will trigger a decline towards : 1.0940.

Support and Resistance:

  • 1.1085
  • 1.1060
  • 1.1030
  • 1.0991 Last Price
  • 1.0975
  • 1.0940
  • 1.0910














RISK WARNING ON TRADE,!!!

Trading on margin is a product that uses a leverage mechanism, carries a high risk and cannot be guaranteed to be suitable for all investors. THERE IS NO GUARANTEE OF PROFIT on your investment, therefore beware of parties who provide guaranteed profits in trading. You are advised not to use these funds if you are not prepared to suffer losses. Before deciding to trade, make sure you understand the risks involved and also take your experience into account.

Share on Google Plus

About Master trader

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.

1 comments:

  1. I lost my job few months back and there was no way to get income for my family, things was so tough and I couldn't get anything for my children, not until a met a recommendation on a page writing how Mr Bernie Wilfred helped a lady in getting a huge amount of profit every 6 working days on trading with his management on the cryptocurrency Market, to be honest I never believe it but I took the risk to take a loan of $1000. and I contacted him unbelievable and I was so happy I earn $12,500 in 6 working days, the most joy is that I can now take care of my family I don't know how to appreciate your good work Mr. Bernie Doran God will continue to bless you for being a life saver I have no way to appreciate you than to tell people about your good services.
For a perfect investment and good strategies contact Mr Bernie Doran via WhatsApp :+1(424)285-0682 or Telegram : @Bernie_doran_fx or Email : Bernie.doranfx01@gmail.com

    ReplyDelete