Get our ForexTrading strategies with our monthly & weekly forecast of currency pairs worth watching using support & resistance for the week of April 3, 2022.
Support: 1.1025, 1.0956, 1.0710, 1.0639Resistance: 1.3181, 1.3236, 1.3316, 1.3357AUD/JPYSupport: 134.58, 133.76, 133.39, 132.35Resistance: 1.2553, 1.2582, 1.2651, 1.2675Let us see how trading reversals from two of last week’s key levels could have worked out:I had expected the level at 0.9372 might function as resistance, as it had acted previously as both support and resistance. Note how these “flipping” levels can work well.
The H1 chart below shows how the price rejected this level with two consecutive bearishat the start of last Monday’s London session, which is often a great time to enter trades in major currency pairs such as this one. The entry point is marked by the down arrow in the price chart below. This trade has been nicely profitable, achieving a maximum positiveI had expected the level at ¥125.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WTI Crude Oil Forecast: Crude Oil Pulls Back to Test SupportThe West Texas Intermediate Crude Oil market has fallen a bit during the trading session on Thursday to test a major support area.
Read more »
Solana jumps past key selloff junction: SOL price eyes $150 in AprilSolana (SOL) jumped past a critical resistance level that had capped its recovery in recent months.
Read more »
These Full-Body Resistance Band Exercises Strengthen Every Muscle Without Stressing Out Your Joints10 Resistance Band Exercises That Sculpt Your Entire Body, According to Experts
Read more »
Sleeping with even a little bit of light isn't good for your health, study showsJust a night or two of exposure to faint light is enough to raise your pulse and increase insulin resistance — factors that increase the risk of heart disease and diabetes, researchers find.
Read more »
Bacteria in China’s livestock amass weapons against antibioticsEscherichia coli sampled from pigs and other farm animals show a steep rise in antibiotic-resistance genes.
Read more »
Sleeping With Even A Little Bit Of Light Isn't Good For Your Health, Study ShowsJust a night or two of exposure to faint light is enough to raise your pulse and increase insulin resistance — factors that increase the risk of heart disease and diabetes, researchers find.
Read more »