March 27th Daily Trading Opportunities

During the Monday session, we get a handful of business announcements coming out of Germany, but beyond that it should be a relatively quiet day as far as news flow is concerned.

EUR/USD

The EUR/USD pair fell initially during the day on Friday but turned around to show signs of strength later in the day. It looks as if the EUR/USD pair is trying to break out to the upside, and they move above the 1.0835 level could signal call buyers to jump back into the market and become much more aggressive.

chart-1-3-26

Natural Gas

Natural gas markets fell slightly during the day, contending with the support at the $3.00 level. A break below the lows of the Thursday session at the $2.96 level might be a signal that put buyers are willing to jump back into the market. Expect resistance above at the $3.08 level.

chart-2-3-26

WTI Crude Oil

The WTI Crude Oil market initially tried to rally during the session on Friday, but gave back some of the gains. Ultimately, looks as if we are consolidating so put buyers will be waiting on short-term rallies to take advantage of longer-term weakness.

chart-3-3-26

USD/JPY: Bearish.

The pair USD/JPY is trading downwards, below the support-turned-resistance at 112.00. It would not be surprising for the market to continue to this direction where in this case put buyers might be interested for the market. Alternative, an upward move, might will be an option for the call buyers.

usdjpy

 

CRUDE OIL: Fall

The Crude Oil market is trading downwards, breaking below the 48.00. Buyers of put options might be attracted from the market. Contrariwise, buyers of call options might looking for an upward opportunity.

crude-oil

more

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.