Technical Analysis - Uniglobe Markets

Oil Technical Analysis

Posted on March 20, 2019 at 06:25 AM

The price of oil continues to settle around 59.30, stability above this level is positive and important to confirm the bullish trend. Technical indicators support the bullish trend. Oil continues to rise to 61.30 on condition that the level is not breached at 58.30 Support: 57.85 Resistance: 60.30 Price Trend: The pair is trading above 59.30 with a target of 61.30 as long as it does not b

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XAU/USD Technical Analysis

Posted on March 20, 2019 at 06:24 AM

The price of gold is rising again to settle around 1306.00. Any trading above this level should be considered positive. The bullish wave of gold continues to breach the psychological barrier 1315.00, but we confirm that this requires stability of trading above 1300.00 Support: 1297.00 Resistance: 1314.00 Price Trend: Up above 1305.00 targeting 1315.00 as long as 1300.00 remains intact

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USD / JPY Technical Analysis

Posted on March 20, 2019 at 06:24 AM

The USDJPY was unable to hold above 111.50, falling and settling around 111.35. The downside may occur today, but the extension of the downside move will depend on the pair's ability to breach the 110.30 break, the breach of 111.80 may fail any attempt to lower the pair. Support: 110.30 Resistance: 111.80 Direction of the pair: falling below 111.30 targeting the level of 110.30, provided

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USD / CHF Technical Analysis

Posted on March 20, 2019 at 06:23 AM

The USDCHF continues to trade negatively and settles around 0.9990, stability below this level is considered negative. We expect an extension to the downside, and all we need today is a break of 0.9900 to confirm the extension of the bearish trend. From the top, a breach of 1.0035 will make us concerned about these negative outlooks. Support: 0.9935 Resistance: 1.0045 Trend: Down below 0.

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GBP / USD Technical Analysis

Posted on March 20, 2019 at 06:22 AM

We still expect the pound to rise against the dollar, now reaching around 1.3265. We will hold our positive outlook for the pair targeting 1.3360 and stability above this level is important to prove the upside move, knowing that a break of 1.3210 will be a reason to thwart any attempt to rise. Support: 1.3200 Resistance: 1.3365 Trend: Up above 1.3260 targeting 1.3360 as long as 1.3210 is

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