Within the kickstart video for March 20, 2024, I check out the three main forex pairs from a technical perspective.
The EURUSD is shifting decrease and within the course of is testing it 200 day shifting common at 1.0837. Recall from yesterday, the value additionally examined that shifting common earlier than bouncing increased.
The USDJPY prolonged above 2024 highs and has raced as much as take a look at the 2022 and 2023 highs at 151.91 and 151.94. The excessive value has gotten with 15-18 pips of these excessive ranges which if damaged would take the value to the very best stage since 1990.
The GBPUSD stalled on the 100 bar MA on the 4 hour chart at session highs at the moment at 1.2730 and rotated decrease. THe 200 bar shifting common on the 4-hour chart at 1.2672 is the following goal. Yesterday the value briefly moved beneath that shifting common earlier than bouncing again prior and stalling close to the aforementioned 100 bar shifting common on the 4-hour.
