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FxGrow Fundamental Analysis – 15th March, 2017
By FxGrow Investment Research Desk
Forex Technical Levels Ahead of FOMC Meeting
Markets and analysts have placed more than 90% for a 0.25% hike in FOMC meeting which should boost U.S Dollar and soar all rivals. In all cases, whether Yellen deliver what market is anticipating or FOMC disappoints traders, expectation of a high volatility is inevitable. Below are support and resistance for Forex majors and XAUUSD.
EUR/USD
Resistance levels : R1 1.0640, R2 1.0678, R3 1.0711, R4 1.0748
Support levels : S1 1.0600 , S2 1.0566 , S3 1.0537, S4 1.500
GBP/USD
Resistance levels : R1 1.2198, R2 1.2287, R3 1.2355 , R4 1.2436
Support levels : S1 1.2119 , S2 1.2052, S3 1.1984, S4 1.1906
USD/JPY
Resistance levels : R1 115.17, R2 115.59, R3 116.04, R4 116.49
Support levels : S1 114.44, S2 113.90, S3 113.41, S4 112.84
AUD/USD
Resistance levels : R1 0.7609, R2 0.7649, R3 0.7690, R4 0.7721
Support levels : S1 0.7540, S2 0.7498, S3 0.7456, 0.7419
XAUUSD or Gold
Resistance levels : R1 1211.21 , R2 1222.69, R3 1233.67, 1244.95
Support levels : S1 1195.79 , S2 1186.12, S3 1176.85, S4 1165.57
For more in depth Research & Analysis please visit FxGrow.http://fxgrow.com/analysis-educatio...cal-analysis-fxgrow-free-forex-analysis-tools
Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
By FxGrow Investment Research Desk
Forex Technical Levels Ahead of FOMC Meeting
Markets and analysts have placed more than 90% for a 0.25% hike in FOMC meeting which should boost U.S Dollar and soar all rivals. In all cases, whether Yellen deliver what market is anticipating or FOMC disappoints traders, expectation of a high volatility is inevitable. Below are support and resistance for Forex majors and XAUUSD.
EUR/USD
Resistance levels : R1 1.0640, R2 1.0678, R3 1.0711, R4 1.0748
Support levels : S1 1.0600 , S2 1.0566 , S3 1.0537, S4 1.500
GBP/USD
Resistance levels : R1 1.2198, R2 1.2287, R3 1.2355 , R4 1.2436
Support levels : S1 1.2119 , S2 1.2052, S3 1.1984, S4 1.1906
USD/JPY
Resistance levels : R1 115.17, R2 115.59, R3 116.04, R4 116.49
Support levels : S1 114.44, S2 113.90, S3 113.41, S4 112.84
AUD/USD
Resistance levels : R1 0.7609, R2 0.7649, R3 0.7690, R4 0.7721
Support levels : S1 0.7540, S2 0.7498, S3 0.7456, 0.7419
XAUUSD or Gold
Resistance levels : R1 1211.21 , R2 1222.69, R3 1233.67, 1244.95
Support levels : S1 1195.79 , S2 1186.12, S3 1176.85, S4 1165.57
For more in depth Research & Analysis please visit FxGrow.http://fxgrow.com/analysis-educatio...cal-analysis-fxgrow-free-forex-analysis-tools
Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.