EURUSD Daily Forecast: March 11

EURUSD Forecast    
The EURUSD continued its bearish momentum yesterday and hit 1.0666 earlier today. The bias remains bearish in nearest term testing 1.0600 – 1.0500 area. Immediate resistance is seen around 1.0750. A clear break above that area could lead price to neutral zone in nearest term testing 1.0820 but any upside pullback now is normal and should be seen as a good opportunity to sell.

eurusdhourly

GBPUSD Daily Forecast: March 11

GBPUSD Forecast
The GBPUSD regained its bearish momentum yesterday bottomed at 1.5027 but traded higher earlier today hit 1.5085. The bias is bearish in nearest term testing 1.5000 – 1.4950 area. Immediate resistance is seen around 1.5135. A clear break above that area could lead price to neutral zone in nearest term but any upside pullback now is normal and should be seen as a good opportunity to sell.

gbpusdh1

AUDUSD 60 Minute Chart Analysis

AUDUSD- This is the 1 hour chart. Traders this pair continues to be very bearish on both the daily and this chart and we just need to stay with the trend. On the daily chart it approaching support again however the current candle looks strong and like …

USDJPY Daily Forecast: March 11

USDJPY Forecast
The USDJPY attempted to push higher yesterday topped at 122.01 but whipsawed to the downside and closed at 121.10. Price slipped below 121.00 support area earlier today but quickly recovered back above 121.00 as you can see on my hourly…

USDCHF Daily Forecast: March 11

USDCHF Forecast
The USDCHF continued its bullish momentum yesterday topped at 0.9998. The bias remains bullish in nearest term testing 1.0070 area. Immediate support is seen around 0.9950. A clear break below that area could lead price to neutral zone …