Market Analysis For Daily Trading on March 23, 2022







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!


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




  • USD/CAD intraday: under pressure.

  • USD/CAD

Pivot point (cancellation rate) : 1.2600

Our preference: short positions below : 1.2600 with targets : 1.2560 & 1.2540 within the range.

Alternative scenario: above : 1.2600, the next upside targets are : 1.2620 & 1.2640.

Technical note: as long as the resistance at : 1.2600 is not broken, the risk of a decline below : 1.2560 remains high.

Support and Resistance:

  • 1.2640
  • 1.2620
  • 1.2600
  • 1.2579 Last Price
  • 1.2560
  • 1.2540
  • 1.2520






  • Intraday AUD/USD: bullish bias above 0.7430.
  • AUD/USD

Pivot point (cancellation rate) : 0.7430

Our preference: long positions above : 0.7430 target 0.7480 & 0.7500 within the range.

Alternative scenario: below : 0.7430 the next downside target is towards : 0.7410 & 0.7385.

Technical note: although the continuation of the consolidation cannot be ruled out, the range should be limited.

Support and Resistance:

  • 0.7520
  • 0.7500
  • 0.7480
  • 0.7453 Last Price
  • 0.7430
  • 0.7410
  • 0.7385







  • USD/JPY intraday: strength dominates.
  •  USD/JPY

Pivot point (cancellation rate) : 120.55

Our preference: long positions above : 120.55 targeting 121.40 & 121.70 within the range.

Alternative scenario: below : 120.55 the next downside target is towards 120.25 & 120.00.

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

Support and Resistance:

  • 122.00
  • 121.70
  • 121.40
  • 121.07 Last Price
  • 120.55
  • 120.25
  • 120.00












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 that 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.

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