Dear colleagues.
For the EUR / USD pair, the continuation of the movement towards the top is expected after the breakdown of 1.2400. For the GBP / USD pair, the price forms a downward potential from April 17. The continuation of the development of this structure is expected after the breakdown of 1.4157. For the USD / CHF pair, we expect the movement towards the level of 0.9727. The level of 0.9649 is key support. For the USD / JPY pair, the continuation of the movement towards the top is expected after the breakdown of 107.66. The level of 106.97 is key support. For the EUR / JPY pair, we follow the formation of the upward structure of March 22. The continuation of the movement towards the top is expected after the breakdown of 132.85. The level of 131.94 is the key support. For the of GBP / JPY pair, the price is close to lifting the upward structure, which requires a breakdown of 151.85.
The forecast for April 19:
Analytical review of currency pairs in the scale of H1:
For the of EUR / USD pair, the key levels on the scale of H1 are: 1.2469, 1.2432, 1.2400, 1.2371, a1.2353, 1.2335 and 1.2293. Here, we follow the local upward structure of April 12. The continuation of the movement towards the top is expected after the breakdown of 1.2400. In this case, the target is 1.2432. Near this level is the consolidation of the price. For the potential value for the upward movement, we consider the level of 1.2469. Upon reaching this level, we expect a pullback to the bottom.
Short-term downward movement is expected in the area of 1.2371 - 1.2353. The breakdown of the last value will lead to in-depth correction. Here, the target is 1.2335. This level is the key support for the top. Passing the price will lead to the development of a downward trend. In this case, the potential target is 1.2293.
The main trend is the local upward structure of April 12.
Trading recommendations:
Buy: 1.2400 Take profit: 1.2430
Buy 1.2434 Take profit: 1.2466
Sell: 1.2370 Take profit: 1.2355
Sell: 1.2350 Take profit: 1.2335
For the GBP / USD pair, the key levels on the H1 scale are 1.4300, 1.4252, 1.4224, 1.4159, 1.4096, 1.4046 and 1.4019. Here, we follow the formation of a downward structure from April 17. The continuation of the movement towards the bottom is expected after the breakdown of 1.4157. In this case, the target is 1.4096. Near this level is the consolidation of the price. The breakdown at the level of 1.4094 will allow us to count on the movement towards the potential target of 1.4019. Upon reaching this level, we expect consolidated movement in the area of 1.4046 - 1.4019.
Short-term upward movement is possible in the area of 1.4224 - 1.4252. The breakdown of the last value will lead to in-depth correction. Here, the target is 1.4300. This level is the key support for the downward structure from April 17.
The main trend is the formation of a downward structure from April 17.
Trading recommendations:
Buy: 1.4157 Take profit: 1.4098
Buy: 1.4094 Take profit: 1.4048
Sell: 1.4224 Take profit: 1.4250
Sell: 1.4254 Take profit: 1.4300
For the of USD / CHF pair, the key levels in the scale of H1 are: 0.9788, 0.9754, 0.9727, 0.9686, 0.9649, 0.9633 and 0.9616. Here, we follow the upward structure of April 10. At the moment, we expect the movement towards the level of 0.9727. In the area of 0.9727 - 0.9754 is the consolidation of the price. For the potential value for the top, consider the level of 0.9788. The movement towards this level is expected after the breakdown of the level of 0.9756.
Short-term downward movement is possible in the area of 0.9649 - 0.9633. The breakdown of the last value will lead to in-depth correction. Here, the target is 0.9616. This level is the key support for the upward structure. Its breakdown will allow us to count on the movement towards the potential target of 0.9572.
The main trend is the upward structure of April 10.
Trading recommendations:
Buy: 0.9688 Take profit: 0.9725
Buy: 0.9730 Take profit: 0.9752
Sell: 0.9647 Take profit: 0.9635
Sell: 0.9630 Take profit: 0.9618
For the USD / JPY pair, the key levels on a scale are: 108.75, 108.28, 108.05, 107.66, 106.97, 106.68, 106.25 and 105.62. Here, we follow the local structure from April 2. The continuation of the movement towards the top is expected after the breakdown of 107.66. In this case, the target is 108.05. In the area of 108.05 - 108.28 is the consolidation of the price. For the potential value for the top, consider the level of 108.75. From this level, we expect a rollback to the bottom.
Short-term downward movement is possible in the area of 106.97 - 106.68. The breakdown of the last value will lead to in-depth correction. Here, the target is 106.24. This level is the key support for the top.
The main trend is the upward cycle of March 23, the local structure of April 2.
Trading recommendations:
Buy: 107.66 Take profit: 108.05
Buy: 108.30 Take profit: 108.75
Sell: 106.95 Take profit: 106.68
Sell: 106.66 Take profit: 106.27
For the CAD / USD pair, the key levels on the H1 scale are: 1.2711, 1.2643, 1.2601, 1.2540, 1.2503, 1.2455, 1.2426 and 1.2366. Here, we follow the local downward structure from April 2. At the moment, the price is in correction and forms the potential for the top. The expressed initial conditions are expected to reach the level of 1.2711. Short-term downward movement is expected in the area of 1.2540 - 1.2503. The breakdown of the last value should be accompanied by a pronounced movement towards the bottom. Here, the target is 1.2455. In the area of 1.2455 - 1.2426 is the consolidation of the price. For the potential value for the bottom, consider the level of 1.2366. Upon reaching this level, we expect a pullback to the top.
Consolidated movement is expected in the area of 1.2601 - 1.2643. The breakdown of the last value will lead to in-depth correction. Here, the target is 1.2711. This level is the key support for the downward structure.
The main trend is the local structure for the bottom of April 2.
Trading recommendations:
Buy: Take profit:
Buy: 1.2650 Take profit: 1.2710
Sell: 1.2540 Take profit: 1.2506
Sell: 1.2500 Take profit: 1.2455
For the AUD / USD pair, the key H1 scale levels are: 0.7833, 0.7805, 0.7793, 0.7773, 0.7746, 0.7733 and 0.7713. Here, we follow the upward structure of April 9. The continuation of the movement towards the top is expected after another breakdown of 0.7773. In this case, the target is 0.7793. In the area of 0.7793 - 0.7805 is the consolidation of the price. For the potential value for the top, consider the level of 0.7833. Upon reaching this level, we expect a pullback to the bottom.
Short-term downward movement is possible in the area of 0.7746 - 0.7733. The breakdown of the last value will lead to in-depth correction. Here, the target is 0.7713. This level is the key support for the top.
The main trend is the upward structure of April 9.
Trading recommendations:
Buy: 0.7775 Take profit: 0.7791
Buy: 0.7807 Take profit: 0.7830
Sell: 0.7744 Take profit: 0.7735
Sell: 0.7730 Take profit: 0.7715
For the of EUR / JPY pair, the key levels on the scale of H1 are: 134.70, 133.92, 133.54, 132.85, 131.94, 131.54, 131.09 and 130.36. Here, we continue to follow the formation of the upward structure of March 22. The continuation of the movement towards the top is expected after the breakdown of 132.85. In this case, the target is 133.54. In the area of 133.54 - 133.92 is the consolidation of the price. The potential value for the upward structure is 134.70.
Short-term downward movement is possible in the area of 131.94 - 131.54. The breakdown of the last value will lead to in-depth correction. Here, the target is 131.09. This level is the key support for the upward structure of March 22.
The main trend is the upward structure of March 22.
Trading recommendations:
Buy: 132.85 Take profit: 133.52
Buy: 133.95 Take profit: 134.70
Sell: 131.90 Take profit: 131.56
Sell: 131.50 Take profit: 131.10
For the GBP / JPY pair, the key levels on the scale of H1 are: 156.09, 154.79, 154.23, 153.75, 152.45, 151.85 and 151.03. Here, we continue to follow the upward structure of April 2. At the moment, the price is in the correction area and is close to lifting the upward trend. The continuation of traffic to the top is expected after the breakdown of the level of 153.75. In this case, the target is 154.23. The breakdown of this level will allow us to count on the movement towards the level of 154.79. From this value, we expect a rollback into correction. The potential value for the top is the level 156.09. However, we expect the movement towards this goal after the correction is executed.
Short-term downward movement is possible in the area of 152.45 - 151.85. The breakdown of the last value will lead to the development of a downward trend. In this case, the target is 151.03.
The main trend is the local structure for the top of April 2.
Trading recommendations:
Buy: 153.75 Take profit: 154.20
Buy: 154.26 Take profit: 154.76
Sell: 152.43 Take profit: 151.90
Sell: 151.80 Take profit: 151.10
