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Weekly Technical Analysis: 12/03/2018 – USDJPY, EURUSD, GBPUSD, Gold

Summary:
USD/CHF The USDCHF pair traded negatively yesterday to break 0.9488 and settles below it, which stops the positive effect of the recently mentioned bullish pattern and push the price to decline again, targeting heading towards 0.9373 initially. Therefore, the bearish bias will be expected for today unless the price managed to breach 0.9488 and hold above it again, as breaching it will extend the correctional bullish wave to target 0.9581 areas direct. Expected trading range for today is between 0.9400 support and 0.9520 resistance. USD/CHF, March 13(see more posts on USD/CHF, ) - Click to enlarge USD/JPY [embedded content] USD/JPY with Technical Indicators, March 12(see more posts on usd-jpy, ) -

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USD/CHF

The USDCHF pair traded negatively yesterday to break 0.9488 and settles below it, which stops the positive effect of the recently mentioned bullish pattern and push the price to decline again, targeting heading towards 0.9373 initially.

Therefore, the bearish bias will be expected for today unless the price managed to breach 0.9488 and hold above it again, as breaching it will extend the correctional bullish wave to target 0.9581 areas direct.

Expected trading range for today is between 0.9400 support and 0.9520 resistance.

USD/CHF, March 13

(see more posts on USD/CHF, )
Weekly Technical Analysis: 12/03/2018 – USDJPY, EURUSD, GBPUSD, Gold

- Click to enlarge

USD/JPY

USD/JPY with Technical Indicators, March 12

(see more posts on usd-jpy, )
Weekly Technical Analysis: 12/03/2018 – USDJPY, EURUSD, GBPUSD, Gold

- Click to enlarge

EUR/USD

EUR/USD with Technical Indicators, March 12

(see more posts on EUR/USD, )
Weekly Technical Analysis: 12/03/2018 – USDJPY, EURUSD, GBPUSD, Gold

- Click to enlarge

GBP/USD

GBP/USD with Technical Indicators, March 12

(see more posts on British Pound, )
Weekly Technical Analysis: 12/03/2018 – USDJPY, EURUSD, GBPUSD, Gold

- Click to enlarge

Gold

Gold with Technical Indicators, March 12

(see more posts on Gold, )
Weekly Technical Analysis: 12/03/2018 – USDJPY, EURUSD, GBPUSD, Gold

- Click to enlarge


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Raffi Boyadjian
Finance and Investing. Michigan State football and basketball. Tigers, Lions (sometimes), Pistons, Wings.

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