How To Make Money Today: Daily Market Analysis and Forex Trading Signals 1 April 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…
Looking for perfect daily analysis and/or a managed investment account with the world's biggest brokers and make stable 30% - 50% Return on Investment weekly?
Text us now on WhatsApp for more information! We are online waiting for you!
EUR/USD :
On the weekly, we see the potential for a bullish bounce from our 1st support at 1.10710 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 1.11891 in line with 100% Fibonacci projection and 50% Fibonacci retracement towards our 1st support at 1.08030 in line with 61.8% Fibonacci projection and 131.8% Fibonacci extension. 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 1.10609 in line with 78.6% Fibonacci projection and 50% Fibonacci retracement towards our 1st resistance at 1.11886 in line with 100% Fibonacci projection and 61.8% Fibonacci retracement. Our bearish bias is supported by price trading below the ichimoku cloud indicator.
Areas of consideration :
- H4 1st resistance at 1.11886
- H4 1st support at 1.10609
FX option expiries for April 1 NY cut
FX option expiries for April 1 NY cut at 10:00 Eastern Time, via DTCC, can be found below.
– EUR/USD: EUR amounts
- 1.0975 430m
- 1.1000 366m
- 1.1085 318m
- 1.1100 748m
- 1.1110 341m
– USD/JPY: USD amounts
- 120.00 575m
- 121.50 1.2b
– AUD/USD: AUD amounts
- 0.7460 601m
- 0.7525 578m
- 0.7550 595m
- 0.7600 555m
– USD/CAD: USD amounts
- 1.2480 275m
- 1.2500 298m
- 1.2635 301m
- 1.2680 337m
EUR/USD maintains its range-bound trend — UOB
For the time being, UOB Group’s FX Strategists predict EUR/USD trading around the 1.0990-1.1170 area.
Key Quotes
24-hour view: “We highlighted yesterday that the ‘advance in EUR could extend above 1.1190 first before easing’. EUR subsequently rose to 1.1184 before staging a surprisingly sharp decline (low has been 1.1059). While the rapid drop appears to be running ahead of itself, EUR could decline further to 1.1035. The major support at 1.0990 is unlikely to come under threat. On the upside, a breach of 1.1125 (minor resistance is at 1.1100) would indicate the current downward pressure has eased.”
Next 1-3 weeks: “Two days ago (30 Mar, spot at 1.1085) we highlighted that the risk for EUR has shifted to the upside. We added, a clear break of 1.1140 could lead to EUR strengthening to 1.1190. As EUR rose, we highlighted yesterday (31 Mar, spot at 1.1155) that ‘if EUR breaks 1.1190, the chance for further EUR strength to 1.1240 would increase’. EUR did not break 1.1190 as it rose to 1.1184 before falling sharply to a low of 1.1059. While our ‘strong support’ level at 1.1055 is not breached, upward momentum has more or less dissipated. EUR appears to have moved into a consolidation phase and is likely to trade between 1.0990 and 1.1170 for now.”
0.0 pips spreads | 500:1 leverage
Daily Super Signals (Hit Take Profit targets: TP1 is 100% accurate, TP2 is 100% accurate, TP3 is 85% accurate)
[maxbutton id="18" url="https://tinyurl.com/bigroifx" text="Open Demo Account" ] [maxbutton id="17" url="https://tinyurl.com/bigroifx" text="Open Live Account" ]
This is how you can make €1000 income daily!
Register bellow and we will tell you how to do it (or we will do it for you.. for a small fee)
FOR DAILY SIGNALS, TECHNICAL VIEWS, MANAGED ACCOUNTS and other services with GUARANTEED PERFORMACE, simply text us on WhatsApp to get more info!
Click here to send a dircet text to us!
WhatsApp number: +447747535495
Daily Super Signals (Hit Take Profit targets: TP1 is 100% accurate, TP2 is 100% accurate, TP3 is 85% accurate)
[maxbutton id="18" ] [maxbutton id="17" ]
and gain access to the Premium Daily Signals, made by certified CFA traders with guaranteed minimum profit of 50 pips per trade (5 - 10 premium signals daily)
MAKE MORE MONEY
ENJOY YOUR LIFE! LEAVE THE TRADING TO US!
Text us for more info about our managed trading accounts!
