Look at these charts today 24th March

Discussion in 'FreshForex Analysts Contest' started by Francmorio, Mar 24, 2020.

  1. Francmorio

    Francmorio Member

    EURUSD
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    Markets will likely pay more attention to the economic data releases in the near future. Let’s take a look at the details.
     
  2. Francmorio

    Francmorio Member

    BRENT OIL
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    On Friday and Monday things have been calmer, we will try to look for more technical setups which are more based on dots and less on panic and fear.
     
  3. Francmorio

    Francmorio Member

    GBPUSD
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    At this point, the market continues to find buyers in this region, but clearly, we are trying to break down.
     
  4. Francmorio

    Francmorio Member

    USDJPY
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    The US dollar initially tried to rally during the trading session on Monday but ran into a bit of a buzz saw of resistance near the ¥111 level.
     
  5. Francmorio

    Francmorio Member

    AUDUSD
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    The Australian dollar initially fell during the trading session on Monday, reaching towards the 0.57 level underneath. At this point, the market has turned around to show signs of life again, and at this point the market looks as if it is going to test major resistance above.
     
  6. Francmorio

    Francmorio Member

    NZDUSD
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    A sustained move over .5568 will indicate the presence of buyers. If this generates enough upside momentum then look for the rally to possibly extend into the short-term 50% level at .5959, followed by the downtrending Gann angle at .6008.
     
  7. Francmorio

    Francmorio Member

    USDCAD
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    USD/CAD Daily Forecast – Low Oil Stops The Canadian Dollar Upside. Oil price weakness pushes the Canadian dollar lower despite new quantatitive easing program from the U.S. Federal Reserve.
     
  8. Francmorio

    Francmorio Member

    EURJPY
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    Did you wonder what will be the cause of the next recession? As for now, that will not be a war between Iran and US and it will not be a Coronavirus.
     
  9. Francmorio

    Francmorio Member

    SPX500
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    Stock markets gapped lower to kick off the week, before breaking down below the 2200 level. Ultimately, the market has turned around and surged after the Federal Reserve announced quantitative easing, only to give that back again
     
  10. Francmorio

    Francmorio Member

    NASDAQ
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    E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Selling Stalled After Hitting Limit Down. The downside pressure is likely to continue as long as the upside gaps remain intact.
     

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