FX-Today Forex trading signals: no scams, no rip offs - just FX strategy and signals since 2005.

 Home        Premium pro analysis        Performance        Signals guide        About us/Contact

 

  Follow us on Twitter

Don't miss out!  Trade news with the best independent market analysis.  Please click Premium pro analysis for details.

Breaking: 27/03 - EUR/USD recovers from lows near 1.0800, GBP/USD finds support close to 1.4800                     

 

 

Yellen can't be ignored:  Mar 27th 2015 - 12.40 GMT:    Follow us on Twitter for latest updates:     

Most market players will have headed home for the weekend by 19.45 GMT today and those still around will be wishing that they had already left. Normally, the market would be comatose, but unfortunately Fed Chair Yellen is due to make a speech at that time. The most likely outcome is that comments will break no new ground, but there is a possibility of more significant comments. With very thin liquidity, an exaggerated reaction cannot be ruled out. Position management here will be crucial, pare any aggressive dollar shorts.

                             Latest daily trading recommendations:    March 27th 2015: 12.20 GMT  (time frame 1-24 hours)

Currency pair Latest update Time (GMT) Order type Target entry level Target 1  Target 2 Status

Market comment

EUR/US$ 27-03-15  12.20 Limit order Sell at 1.0882 1.0855 1.0825 Pending Tough resistance above 1.1000
US$/CHF 26-03-15  12.25 Limit order Buy at 0.9505 0.9530 0.9555 Pending Pressure on SNB with EUR/CHF below 1.0500
AUD/US$ 27-03-15  12.20 Limit order Sell at 0.7799 0.7775 0.7755 Pending Immediate resistance around the 0.7800 area
US$/CAD 27-03-15  12.20 Limit order Buy at 1.2455 1.2480 1.2515 Pending Support on approach to 1.2450 
GBP/US$ 27-03-15  12.20 Limit order Sell at 1.4898 1.4860 1.4835 In play Tough resistance close to 1.5000
EUR/GBP 24-03-15  12.10 Limit order Sell at 0.7398 0.7375 0.7355 Pending Resistance close to 0.7400
US$/JPY  26-03-15  22.30 Limit order Buy at 118.45 118.80 119.15 Pending Support on approach to 118.25 

Short-term: key level to watch:

EUR/USD: 1.1000

EUR/USD briefly moved above 1.1000, but was unable to hold the gains and is likely to hit further resistance around this level as funds increase selling

                           

 

 

 

 

 

 

Medium-term: key level to watch:

GBP/USD: 1.4500

GBP/USD has found support below 1.5000 and rallied back to just above this level. The overall outlook remains bearish with the risk of a slide to 1.4500 over the medium term.

Long-term: key level to watch

EUR/USD: 1.0000

EUR/USD has come under very heavy pressure following the ECB meeting and a minimum objective is likely to be in the 1.1000 area with parity inevitably the longer-term focus

Trade of the Month  -  March 10th: - 12.00 GMT

Pending: Buy EUR/USD at 1.0510, target 1.0890 s/l  1.0376

Update: in play with 1.0544 trailing stop

Trade of the week  -  March 24th: - 18.00 GMT

Pending: Sell EUR/USD at 1.0998  target 1.0815, s/l 1.1076

 

 

 

 

 

 

 

 

 

 

 

 

Please refresh your browser to make sure you are viewing the latest updates

 

The Forex Quotes are Powered by Forexpros - The Leading Financial Portal.

 

To make the best use of the site, please purchase the FXToday signals guide. Please click on Signals guide for full details.

Please click here for the latest Investica expert market analysis 

View with confidence and beat the scammers. We will not use adware, cookies or any other data-mining device. If you find the site valuable, please show your support by donating so that we can maintain the site - Please click on the button below to donate through Paypal. - thank you.

Signals must not be reproduced without the permission of FXToday

Our pledge to you:  View this clean site with confidence and beat the scammers. We guarantee that we will not use adware, cookies or any other data-mining device. If you find this site helpful, please tell your friends/colleagues. Copyright is held by FXToday. Analysis or signals must not be reproduced in any form without the permission of FXToday.

 

The Financial Ad 
Trader
The Financial Ad Trader

 

Disclaimer: Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. FXToday will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Feedback/contact

Links

Cristo Music

 TOP 100 FOREX SITES