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


• 24.03.2022 12:30 pm
#stocks

Overview:

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

Read the updated analysis below:

• AUDJPY has tested the 90.71 monthly resistance level.
• AUDUSD has moved above the 0.7478 weekly resistance level. Will price now test the 0.7555 monthly resistance level?
• EURJPY has closed above the 1.3314 monthly resistance level.
• EURUSD has rejected the 1.1121 weekly resistance level. Will price further decline to test the 1.0900 daily support level?
• GBPJPY has broken above the 158.21 monthly resistance level. Will the 158.21 monthly resistance level now become support on a pull back to this level?
• GBPUSD has rejected the 1.3273 daily resistance level. Will price decline back below the 1.3168 monthly support level?
• NZDJPY has closed above the 83.90 monthly resistance level.
• NZDUSD has closed above the 0.6943 monthly resistance level.
• USDJPY has broken above the 118.65 monthly resistance level. Will the 118.65 monthly resistance level now become support on a pull back to this level?
• USD Index continues to hold above the 98.12 monthly support level.
• S&P500 has rallied back just short of the 4529 weekly resistance level and 62% fib retracement level of the monthly range.

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, and S&P500.

Read the updated analysis below:

• AUDJPY has tested the 90.71 monthly resistance level.
• AUDUSD has moved above the 0.7478 weekly resistance level. Will price now test the 0.7555 monthly resistance level?
• EURJPY has closed above the 1.3314 monthly resistance level.
• EURUSD has rejected the 1.1121 weekly resistance level. Will price further decline to test the 1.0900 daily support level?
• GBPJPY has broken above the 158.21 monthly resistance level. Will the 158.21 monthly resistance level now become support on a pull back to this level?
• GBPUSD has rejected the 1.3273 daily resistance level. Will price decline back below the 1.3168 monthly support level?
• NZDJPY has closed above the 83.90 monthly resistance level.
• NZDUSD has closed above the 0.6943 monthly resistance level.
• USDJPY has broken above the 118.65 monthly resistance level. Will the 118.65 monthly resistance level now become support on a pull back to this level?
• USD Index continues to hold above the 98.12 monthly support level.
• S&P500 has rallied back just short of the 4529 weekly resistance level and 62% fib retracement level of the monthly range.

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.