Analytics 23.03

EURUSD

The pair continues to move in downward flat. AO indicator is in negative zone near zero level with line of balance and line of support/resistance. Perhaps, current tendency will continue. The price got a support at level 1.11860, where we have MA200. Below we can aim at point 1.11510. The next target area is an area of elder movings at 1.11290-1.10970, where we have a weekly pivot S1 1.11040. Farther reference is an area 1.10600-1.10285 (main monthly pivot). Area of resistance is an area 1.12232 (main weekly pivot)-1.12328 (monthly pivot R1). Above we can aim at level 1.12580. Here we have defining movings. Farther reference is an area 1.12950-1.13300.   

Daily levels of support: 1.11860, 1.11510, 1.11040

Daily levels of resistance: 1.12328, 1.12580, 1.12950

GBPUSD

The pair demonstrated on Tuesday strong downward impulse. The price is lying at area of weekly pivot S1 1.41725, trying to fix behind. AO indicator is in negative zone below line of balance and line of support/resistance. Minimum of March 14 was not renewed. If we move down, the nearest target will be a main monthly pivot 1.14436. Below we have a way to level 1.40628. Farther reference is a level 1.40165.

If we fix above weekly pivot S1, we can aim at level 1.42270 and main daily pivot 1.42700. This pivot is lying in area of elder movings 1.42530-1.42770. Farther reference is MA200 at level 1.43090.  

Daily levels of support: 1.41436, 1.40628, 1.40165

Daily levels of resistance: 1.41725, 1.42270, 1.42700.

USDJPY

Upward movement of the pair met on Tuesday a resistance at area of MA200 at 112.58. AO indicator is in positive zone above line of balance and line of support/resistance. If the price tries to break this resistance, the next resistance will be an area of elder movings 112.80-112.94. Upper target level is a point 113.163. Farther reference is a weekly pivot R1 113.560.

Fixation below area 112.114 (main weekly pivot)-112.047 (main daily pivot) may aim us at level 111.602. Here we have defining movings. Lower reference is a point 110.631.

Daily levels of support: 112.114, 111.602, 110.631

Daily levels of resistance: 112.58, 112.80, 112.94, 113.163, 113.560