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Technical

GBP/USD Outlook (16 March 2022)Overall, GBP/USD is trending downwards. The UK employment data released yesterday indicated an overall stronger jobs market than in previous month. - Average Earnings Index 3m/y (Actual: 4.8%, Forecast: 4.6%, Previous: 4.3%) - Claimant Count Change (Actual: -48.1K, Forecast: 20.3K, Previous: -31.9K) - Unemployment Rate (Actual: 3.9%, Forecast: 4.0%, Previous: 4.1%) Currently, GBP/USD is testing the support zone of 1.30400 and the next resistance zone is at 1.32200. Look for short-term selling opportunities of GBP/USD if it breaks the support zone of 1.30400.
Short
by JinDao_Tai
1
EUR/JPY Outlook (16 March 2022)Overall, EUR/JPY is trending downwards. Recently, EUR/JPY traded into the resistance zone of 130.000. The eurozone ZEW Economic Sentiment data (Actual: -38.7, Forecast: 10.3, Previous: 48.6) released yesterday indicated a strong decline in the surveyed analysts’ view on the economic outlook for the eurozone. Currently, EUR/JPY is trading towards the resistance zone of 130.000 and the next support zone is at 128.800. Look for short-term selling opportunities of EUR/JPY if it rejects the resistance zone of 130.000.
Short
by JinDao_Tai
AUD/USD Outlook (16 March 2022)Overall, AUD/USD is trending upwards. The Australian employment data will be released tomorrow at 0830 (GMT+8). - Employment Change (Forecast: 36.0K, Previous: 12.9K) - Unemployment Rate (Forecast: 4.1%, Previous: 4.2%) Currently. AUD/USD is testing to break below the key level of 0.72. Its next support zone is at 0.71000 and the next resistance zone is at 0.73000. Look for short-term selling opportunities of AUD/USD if it breaks below the key level of 0.72.
Short
by JinDao_Tai
GBP/JPY Outlook (15 March 2022)Overall, GBP/JPY is trending downwards. Recently, GBP/JPY traded into the resistance zone of 153.800. The UK employment data will be released later at 1500 (GMT+8). - Average Earnings Index 3m/y (Forecast: 4.6%, Previous: 4.3%) - Claimant Count Change (Forecast: 20.3K, Previous: -31.9K) - Unemployment Rate (Forecast: 4.0%, Previous: 4.1%) Currently, GBP/JPY is testing the resistance zone of 153.800 and the next support zone is at 151.000. Look for short-term buying opportunities of GBP/JPY if it breaks the resistance zone of 153.800.
Long
by JinDao_Tai
1
GBP/USD Outlook (15 March 2022)Overall, GBP/USD is trending downwards. The UK employment data will be released later at 1500 (GMT+8). - Average Earnings Index 3m/y (Forecast: 4.6%, Previous: 4.3%) - Claimant Count Change (Forecast: 20.3K, Previous: -31.9K) - Unemployment Rate (Forecast: 4.0%, Previous: 4.1%) Currently, GBP/USD is testing the support zone of 1.30400 and the next resistance zone is at 1.32200. Look for short-term selling opportunities of GBP/USD if it breaks the support zone of 1.30400.
Short
by JinDao_Tai
1