Weekly Technical Analysis: 05/03/2018 – USDJPY, EURUSD, GBPUSD, EURGBP, AUDUSD

Last update March 6, 2018

Raffi Boyadjian March 6, 2018 SNB & CHF

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Raffi Boyadjian
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Summary:
USD/CHF The USDCHF pair shows sideways trading around the EMA50, noticing that the EMA50 shows clear negative signals on the four hours’ time frame, while the price settles below the intraday bullish channel’s support line that appears on the chart. Therefore, we will continue to suggest the bearish trend in the upcoming period conditioned by the price stability below 0.9440 level, noting that breaking 0.9373 is required to confirm the extension of the bearish wave towards 0.9186. Expected trading range for today is between 0.9300 support and 0.9460 resistance. USD/CHF, March 06(see more posts on USD/CHF, ) Source: economies.com - Click to enlarge USD/JPY [embedded content] USD/JPY with Technical

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Raffi Boyadjian considers the following as important: Australian Dollar, Bollinger Bands, British Pound, Canadian Dollar, Crude Oil, EUR-USD, Euro, Euro Dollar, Featured, FX Trends, Gold, Japanese Yen, MACDs Moving Average, newsletter, RSI Relative Strength, S&P 500 Index, S&P 500 Index, Stochastics, Swiss Franc Index, U.S. Dollar Index, U.S. Treasuries, USD/CAD, USD/CHF, USD/JPY

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USD/CHF The USDCHF pair shows sideways trading around the EMA50, noticing that the EMA50 shows clear negative signals on the four hours’ time frame, while the price settles below the intraday bullish channel’s support line that appears on the chart. Therefore, we will continue to suggest the bearish trend in the upcoming period conditioned by the price stability below 0.9440 level, noting that breaking 0.9373 is required to confirm the extension of the bearish wave towards 0.9186. Expected trading range for today is between 0.9300 support and 0.9460 resistance.	USD/CHF, March 06 (see more posts on USD/CHF, ) Source: economies.com - Click to enlarge
USD/JPY [embedded content]	USD/JPY with Technical Indicators, March 05 (see more posts on USD/JPY, ) - Click to enlarge
EUR/USD [embedded content]	EUR/USD with Technical Indicators, March 05 (see more posts on EUR/USD, ) - Click to enlarge
GBP/USD [embedded content]	GBP/USD with Technical Indicators, March 05 (see more posts on GBP/USD, ) - Click to enlarge
EUR/GBP [embedded content]	EUR/GBP with Technical Indicators, March 05 (see more posts on EUR/GBP, ) - Click to enlarge
AUD/USD <span style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" data-mce-type="bookmark" class="mce_SELRES_start"></span>	AUD/USD with Technical Indicators, March 05 (see more posts on AUD/USD, ) - Click to enlarge