How To Make Money Today: Daily Market Analysis and Forex Trading Signals 25 March 2022
To assist you to make a good day-trading selection, we’ll cover the newest forex market analysis. Make more money today with our market analysis. You must know how to trade first and have at least a simple understanding of chart patterns. Aside from that, we’ll cover some basic tips and methods that can aid anybody curious in day trading strategies. So let’s start by looking at some charts from today…
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EUR/USD :
On the weekly, we see the potential for a bullish bounce from our 1st support at 1.09231 in line with 78.6% Fibonacci projection towards our 1st resistance at 1.14510 in line with 38.2% Fibonacci retracement. Our bullish bias is supported by the stochastic indicator where it is at support level. On the daily, we see the potential for a bearish dip from our 1st resistance at 1.10823 in line with 78.6% Fibonacci projection and 38.2% Fibonacci retracement towards our 1st support at 1.08030 in line with a graphical swing low support. Our bearish bias is supported by price trading below the ichimoku cloud indicator. On the H4 timeframe, we see the potential for a bullish bounce from our 1st support at 1.09800 in line with 78.6% Fibonacci projection and 50% Fibonacci retracement towards our 1st resistance at 1.11360 in line with 61.8% Fibonacci projection. Our bearish bias is supported by price trading below the ichimoku cloud indicator.
Areas of consideration :
- H4 1st resistance at 1.11360
- H4 1st support at 1.09800
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Daily Super Signals (Hit Take Profit targets: TP1 is 100% accurate, TP2 is 100% accurate, TP3 is 85% accurate)
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