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Majors Daily Forecast: March 12, 2014

Published 03/12/2014, 04:13 AM
Updated 07/09/2023, 06:32 AM
EUR/USD
-
GBP/USD
-
USD/JPY
-
USD/CHF
-

EUR/USD
Risk reward: 1.69
Trend: Down
Sell at 1.3862 SL 1.3894 TP 1.3808



USD/JPY

Risk reward: 1.44
Trend: Down
Sell at 103.01 SL 103.33 TP 102.55



GBP/USD

Risk reward: 2.09
Trend: Strong Down
Sell at 1.6636 SL 1.6668 TP 1.6569



USD/CHF

Risk reward: 1.59
Trend: Up
Buy at 0.8772 SL 0.8740 TP 0.8823



The current support/resistance levels are:

EUR/USD: 1.3800, 1.3779, 1.3746 - 1.3924, 1.3945, 1.3978
USD/JPY: 102.46, 102.28, 102.00 - 103.56, 103.74, 104.02
GBP/USD: 1.6561, 1.6535, 1.6494 - 1.6711, 1.6737, 1.6778
USD/CHF: 0.8708, 0.8689, 0.8657 - 0.8836, 0.8855, 0.8887


Today so far +53, total yesterday +102 pips, as shown at our web site.

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