flag-gb flag-my flag-zh flag-id flag-th flag-vi

TECHNICAL ANALYSIS MAR.31

Euro

The analysts from Fort Financial Services informed that the growth of the pair EUR/USD continued. After overpassing the resistance at 1.1260 on the 4-hour chart the pair headed to the level of 1.1350. The bulls tested this level however the trades were ended below this level.

The bulls will maintain the initiative if they break through the resistance at 1.1350. Their target will be 1.1450.

The bears will regain the leadership if they break through the support at 1.1260. Their target will be 1.1150 and 1.1050.

technical_eurusd_31_03_2016

Pound

On the 4-hour time-frame, the pair GBP/USD has stopped its confident growth. After breaking through 1.4320 the pair tested the resistance at 1.4400. Nevertheless, the growth impulse was not strong enough to overpass this level. After testing 1.4400 the price rolled down.

The bulls will regain the initiative if they break through the resistance at 1.4400. Their target will be 1.4480 and 1.4560.

The bears will maintain the leadership if they break through the support at 1.4320. Their target will be 1.4240 and 1.4160.

technical_gbpusd_31_03_2016

Yen

On the 4-hour chart, the pair USD/JPY held downwards trades. The pair overpassed the support at 113.00. The decrease continued and the price tested the support at 112.20. Later the price went up from this level. The analysts from FortFS said that the trades were ended above this level.

The bulls will maintain the initiative if they break through the resistance at 113.00. Their target will be 113.80 and 114.60.

The bears will regain the initiative if they break through the support at 112.20. Their target will be 111.40 and 110.60.

technical_usdjpy_31_03_2016

Read the full review on our site:
https://www.fortfs.com

Latest news

Share posts and earn money

2020-09-16 08:29:16

We are launching the long-awaited rewards program for all subscribers of our social networks – share posts with your friends and get money on your FortFS account as a reward! 🥇 The participants will get the following benefits: • Real money for reposts • The reward is available for withdrawal without restrictions • You can […]

No Deposit Bonus 100 USD

2020-08-20 20:43:20

Dear Traders, Make sure to receive $100 on your trading accounts only from the 20th to the 28th of August! No Deposit Bonus 100 USD is the best way to start trading and test all of the Company’s products! GET BONUS The bonus features: Withdrawal of up to 100 USD 75 lots of trading turnover […]