Technical forex report for March 3, 2015 by Veracity Financial Services

Technical Fx Report for 3rd March 2015
Technical Reports for EUR/USD
EUR/USD Status: Under pressure.
Our pivot point stands at 1.1245.
Call for the day: Short positions below 1.1245 with targets @ 1.115 & 1.1095 in extension.
Another option/Further: Above 1.1245 look for further upside with 1.127 & 1.13 as targets.
Note: The pair has struck against its resistance and remains under pressure.
Support & Resistance levels:-
Resistance
Support
1.13
1.127
1.1245
1.115
1.1095
1.105
.
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Technical Fx Report for 3rd March 2015
Technical Reports for GBP / USD
GBP/USD Status: Under pressure.
Our pivot point stands at 1.542.
Call for the day: Short positions below 1.542 with targets @ 1.5345 & 1.5325 in extension.
Another option/Further: Above 1.542 look for further upside with 1.545 & 1.548 as targets.
Note: The pair is posting a rebound but stands below its resistance.
Support & Resistance:
Resistance
Support
1.548
1.545
1.542
1.5345
1.5325
1.53
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Technical Fx Report for 3rd March 2015
Technical Reports for USD / JPY
USD/JPY Status: Caution.
Our pivot point stands at 119.5.
Call for the day: Long positions above 119.5 with targets @ 120 & 120.35 in extension.
Another option/Further: Below 119.5 look for further downside with 119.1 & 118.6 as targets.
Note: The pair is pulling back on its support.
Support & Resistance:
Resistance
Support
120.55
120.35
120
119.5
119.1
118.6
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