16Th March Forex Signal eurusd usdjpy gbp usd

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Please find our FOREX UPDATE on EUR/JPY, USD/JPY, EUR/USD, GBP/USD, USD/CAD, AUD/USD:

EUR/JPY intraday: under pressure.

Pivot: 113.75

Our preference: Short positions below 113.75 with targets @ 112.6 & 112.1 in extension.

Alternative scenario: Above 113.75 look for further upside with 114.1 & 114.7 as targets.

Comment: the pair remains under pressure and is challenging its support.

Key levels
114.7
114.1
113.75
113.03 last
112.6
112.1
111.8

Click here to see our chart:

USD/JPY intraday: under pressure. |

Pivot: 81.7

Our preference: Short positions below 81.7 with targets @ 81 & 80.6 in extension.

Alternative scenario: Above 81.7 look for further upside with 81.95 & 82.2 as targets.

Comment: the pair is under pressure and is challenging its support.

Key levels
82.2
81.95
81.7
81.5 last
81
80.6
80.4

Click here to see our chart:


EUR/USD intraday: under pressure. |

Pivot: 1.394

Our preference: Short positions below 1.394 with targets @ 1.3845 & 1.38 in extension.

Alternative scenario: Above 1.394 look for further upside with 1.3965 & 1.4005 as targets.

Comment: the RSI is badly directed, the pair has broken below its support and remains under pressure.

Key levels
1.4005
1.3965
1.394
1.3881 last
1.3845
1.38
1.3775

Click here to see our chart:


GBP/USD intraday: under pressure. |

Pivot: 1.605

Our preference: Short positions below 1.605 with targets @ 1.5975 & 1.5925 in extension.

Alternative scenario: Above 1.605 look for further upside with 1.6095 & 1.614 as targets.

Comment: the RSI is badly directed, the pair is under pressure and is challenging its previous low.

Key levels
1.614
1.6095
1.605
1.6014 last
1.5975
1.5925
1.5885

Click here to see our chart:


USD/CAD intraday: further advance. |

Pivot: 0.9835

Our preference: Long positions above 0.9835 with targets @ 0.9975 & 1.003 in extension.

Alternative scenario: Below 0.9835 look for further downside with 0.9805 & 0.9765 as targets.

Comment: the RSI advocates for further upside.

Key levels
1.006
1.003
0.9975
0.992 last
0.9835
0.9805
0.9765

Click here to see our chart:


AUD/USD intraday: under pressure. |

Pivot: 0.9935

Our preference: Short positions below 0.9935 with targets @ 0.983 & 0.9805 in extension.

Alternative scenario: Above 0.9935 look for further upside with 0.997 & 0.999 as targets.

Comment: the RSI is capped by a bearish trend line.

Key levels
0.999
0.997
0.9935
0.9872 last
0.983
0.9805
0.975

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