{"id":28524,"date":"2012-03-25T17:07:08","date_gmt":"2012-03-25T21:07:08","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=28524"},"modified":"2012-03-25T17:07:08","modified_gmt":"2012-03-25T21:07:08","slug":"forex-analysis-update-2532012","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/03\/25\/forex-analysis-update-2532012\/","title":{"rendered":"Forex Analysis Update 25\/3\/2012"},"content":{"rendered":"<p>Analysis from the <a href=\"http:\/\/www.forex-fx-4x.com\">Forex FX<\/a> blog for\u00a0Technical analysis updates.<\/p>\n<p>The <a href=\"http:\/\/eurusddaily.com\">EURUSD<\/a> is trading close to\u00a0the 1.3260 \u2013 1.3300 price pivot zone.\u00a0 This area has recently seen multiple rejections but the daily candle from Friday has moved deeper into the upper range which could be indicating that supply in this area is diminishing to a certain extent. COT data is also showing a continuation of the short covering that has been seen over recent weeks. The smallest net short position is now seen since the end of Feb.<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.forex-fx-4x.com\/wp-content\/uploads\/2012\/03\/eurusd-technical-analysis-.png\" alt=\"\" width=\"650\" height=\"463\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>The AUDUSD currency pair is trading close to the 1.0500 line in the sand after breaking below the key level earlier in the week. \u00a0Price is currently at a retest of the broken trendline with a fib confluence level to the upside as per the attached D1 chart. \u00a0Developments in China continue to influence the Aussie\u00a0<a href=\"http:\/\/eurusddaily.com\/exchange-rate-calculator\/\">Currency exchange rate<\/a>\u00a0with the fear that her commodities could see a decline in demand. China\u2019s Central Bank also set a\u00a0<a href=\"http:\/\/www.forex-fx-4x.com\/chinas-central-bank-set-record-yuan-reference-rate\/\">Record Yuan Reference Rate<\/a>\u00a0on Friday. \u00a0The net long AUD COT position continues to decline at 45.2k.<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.forex-fx-4x.com\/wp-content\/uploads\/2012\/03\/audusd-technical-analysis.png\" alt=\"\" width=\"650\" height=\"623\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.forex-fx-4x.com\/wp-content\/uploads\/2012\/03\/forex-trading-disclaimer.png\" alt=\"\" width=\"650\" height=\"73\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Analysis from the Forex FX blog for\u00a0Technical analysis updates. The EURUSD is trading close to\u00a0the 1.3260 \u2013 1.3300 price pivot zone.\u00a0 This area has recently seen multiple rejections but the daily candle from Friday has moved deeper into the upper range which could be indicating that supply in this area is diminishing to a certain &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/03\/25\/forex-analysis-update-2532012\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Forex Analysis Update 25\/3\/2012&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-28524","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28524","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=28524"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28524\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=28524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=28524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=28524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}