• Duncan Cooper , Senior Market Strategist & Trading Mentor at ACY


• 03.03.2022 04:15 pm
#stocks , Duncan Cooper is a full-time trader and mentor and the Senior Market Strategist at ACY Securities. Trading full-time since 2009, Duncan's insights are from the battleground of real-time markets, not theory, and he thrives on educating traders to reach their financial goals.

Overview:

Watch the video for the key trading levels for AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDJPY, USD Index, S&P500, and Gold.

Read the updated analysis below:

• AUDJPY continues to advance testing 84.59-64 the daily resistance level and 79% fib retracement level.
• AUDUSD continues to advance breaking above the 0.7314 weekly resistance level and testing 0.7330 the 62% fib retracement level.
• EURJPY continues to decline trading below the 128.24 and 127.92 weekly support levels.
• EURUSD continues to decline finding resistance at the 1.1106 daily resistance level.
• GBPJPY has found resistance at the 155.30 daily resistance level. Will price now decline back down and retest the 152.84 weekly support level?
• GBPUSD has found resistance at the 1.3400 level and declined below the 1.3357 weekly support level.
• NZDJPY continues to advance testing the 78.64 weekly resistance level.
• NZDUSD has tested the 0.6804 weekly resistance level again. Will price form the next weekly lower top at this level?
• USDJPY remains in consolidation held at the 115.68 daily resistance level.
• USD Index continues to test and hold at the 97.68 monthly resistance level.
• S&P500 has traded back to 4405 the 62% fib retracement level of last month’s trading range.
• Gold has broken above the 1920 monthly resistance level. Buyers are just holding price above this major resistance level.

This content may have been written by a third party. ACY makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely. 

Overview:

Watch the video for the key trading levels for AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDJPY, USD Index, S&P500, and Gold.

Read the updated analysis below:

• AUDJPY continues to advance testing 84.59-64 the daily resistance level and 79% fib retracement level.
• AUDUSD continues to advance breaking above the 0.7314 weekly resistance level and testing 0.7330 the 62% fib retracement level.
• EURJPY continues to decline trading below the 128.24 and 127.92 weekly support levels.
• EURUSD continues to decline finding resistance at the 1.1106 daily resistance level.
• GBPJPY has found resistance at the 155.30 daily resistance level. Will price now decline back down and retest the 152.84 weekly support level?
• GBPUSD has found resistance at the 1.3400 level and declined below the 1.3357 weekly support level.
• NZDJPY continues to advance testing the 78.64 weekly resistance level.
• NZDUSD has tested the 0.6804 weekly resistance level again. Will price form the next weekly lower top at this level?
• USDJPY remains in consolidation held at the 115.68 daily resistance level.
• USD Index continues to test and hold at the 97.68 monthly resistance level.
• S&P500 has traded back to 4405 the 62% fib retracement level of last month’s trading range.
• Gold has broken above the 1920 monthly resistance level. Buyers are just holding price above this major resistance level.

This content may have been written by a third party. ACY makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.