Technical Analisis Dari FBS.com

[Syazfirul Enterprise]

AUD/USD: aussie going to SSB

Technical levels: support – 0.7640, 0.7600; resistance – 0.7700/20.

Trade recommendations:

1. Buy — 0.7640; SL — 0.7620; TP1 — 0.7700; TP2 — 0.7720.

Reason: narrow bullish Ichimoku Cloud; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; prices are on the support of Senkou Span B.

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[Syazfirul Enterprise]

Gold surges in Asia in rebound to recent drops on Fed views

On Friday, gold managed to earn in Asia, with market participants buying on recent drops spurred by surging expectations of a Fed rate lift this month.

In New York, April delivery gold futures soared 0.07%, trading at $1,233.75 a troy ounce. Meanwhile, silver futures surged 0.25%, reaching $17.793 a troy ounce. Additionally, copper futures sagged 0.19%, trading at $2.681 a pound.

Overnight, gold tumbled, on the back of an extended greenback soar, as surging expectations of an interest rate lift in March remained front and center.

The number one precious metal extended losses from the previous session, as ascending expectations of a March rate lift pushed the greenback higher and weighed on gold, after Fed Governors’ Brainerd and Powell continued the hawkish rhetoric delivered by several major officials for the last few days.

According to Fed rate monitor tool, almost 80% of market participants expect a rate lift in March, compared to about 60% on Wednesday.

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[Syazfirul Enterprise]

GBP/USD: pound corrected into channel Tenkan-Kijun

Technical levels: support – 1.2250; resistance – 1.2340, 1.2370.

Trade recommendations:

1. Sell — 1.2340; SL — 1.2360; TP1 — 1.2250; TP2 — 1.2220.

Reason: expanding bearish Ichimoku Cloud, falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the prices are in a correctional phase and moves to channel Tenkan-Kijun; there is a strong resistance of Kijun-sen.

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[Syazfirul Enterprise]

USD/JPY: weakness of Bulls

Technical levels: support – 113.50, 113.30; resistance – 114.00/20.

Trade recommendations:

1. Sell — 113.90; SL — 114.00; TP1 — 113.30; TP2 — 113.00.

Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but the channel is narrow; the prices are Tenkan and Kijun; the correction may continue deeper.

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[Syazfirul Enterprise]

AUD/USD: aussie ready to continue falling

Technical levels: support – 0.7580; resistance – 0.7600.

Trade recommendations:

1. Sell — 0.7570; SL — 0.7590; TP1 — 0.7490; TP2 — 0.7420.

Reason: expanding bearish Ichimoku Cloud; a cancelled dead cross of Tenkan-sen and Kijun-sen; the prices are under the resistance of Tenkan and Kijun.

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[Syazfirul Enterprise]

GBP/USD: bears can't stop

The price achieved a support area at 1.2179 – 1.2048. However, the market is likely going to continue falling down towards the next support at 1.2120 – 1.2106. If we see a pullback from this area, bulls will probably try to deliver a correction.

We’ve got a “Pennant” pattern, so bears are likely going to test a support between the levels 1.2130 – 1.2106. If a pullback from this area be on the table, there’ll be an option to have a bullish correction. The main intraday bullish target is a resistance at 1.2198 – 1.2231.

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[Syazfirul Enterprise]

AUD/USD: expected correction

Technical levels: support – 0.7490; resistance – 0.7560.

Trade recommendations:

1. Buy — 0.7520; SL — 0.7500; TP1 — 0.7560; TP2 — 0.7590.

Reason: expanding bearish Ichimoku Cloud; a dead cross of Tenkan-sen and Kijun-sen; the prices are on the strong support of daily a daily Cloud.

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[Syazfirul Enterprise]

AUD/USD: correction may continue to Cloud

Technical levels: support – 0.7540, 0.7490; resistance – 0.7580, 0.7610.

Trade recommendations:

1. Sell — 0.7590; SL — 0.7610; TP1 — 0.7540; TP2 — 0.7480.

Reason: bearish Ichimoku Cloud, but rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the prices are breakout the Kijun-sen.

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[Syazfirul Enterprise]

USD/JPY: Dollar supported by Kijun-sen

Technical levels: support – 114.50/60; resistance – 115.50, 116.20.

Trade recommendations:

1. Buy — 114.80/90; SL — 114.60; TP1 — 115.50; TP2 — 116.20.

Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen; the prices are in the channel of Tenkan-Kijun and supported by Kijun-sen.

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[Syazfirul Enterprise]

EUR/USD: bearish impulse

There’re a wedge in wave and a zigzag in wave [ii]. So, the market is likely going to decline in the short term. The main intraday target for bears is 5/8 MM Level.

We’ve got an impulse in wave (c) of [ii], which has been ended on 7/8 MM Level. Under this circumstances, we’re likely going to have an impulse in wave (i). So, bears will probably try to test 2/8 MM Level

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