Forecast for EUR/USD on April 14, 2021
Forecast for EUR/USD on April 14, 2021
The euro is turning into medium-term growth, but has not yet confirmed this intention.
Forex Analysis & Reviews
Forecast for USD/JPY on April 14, 2021
The yen is in a range of uncertainty on April 14.
Forecast and trading signals for GBP/USD on April 14. Detailed analysis of previous recommendations and the pair's movement during the day
The pound got into a real "storm" after the US inflation report was released, but generally it remained where it started the day.
Forecast and trading signals for EUR/USD on April 14. Detailed analysis of previous recommendations and the pair's movement during the day
The US inflation report made the bulls jump up, and the euro-dollar pair left the horizontal channel in which it spent five days.
Overview of the GBP/USD pair. April 14. 100 days of the UK outside the European Union. How's the Kingdom doing?
UK business continues to sound the alarm and ask the British and European governments to sit down again at the negotiating table and improve the Brexit deal.
Email Subscription
Do you want to receive Forex analytics newsletter to your email?
Subscribe to analytics newsletter and get fresh daily reviews prepared by InstaForex professional analysts. You can choose which type of analysis and from what analysts you wish to recieve to your email address daily. Be on top of the Forex market events with InstaForex!
Analytics and trading signals for beginners. How to trade GBP/USD on April 14? Analysis of Tuesday. Getting ready for Wednesday
A chaotic day, chaotic trading, chaotic trade. The pound/dollar pair failed to adequately respond to the US inflation report
Analytics and trading signals for beginners. How to trade EUR/USD on April 14. Analysis of Tuesday trades. Getting ready for Wednesday session.
Today was not the best day to trade the pair. However, the market reaction to the CPI report in the US is worth our attention.
EUR/USD. Irony: Strong inflation report coincides with gloomy news about Johnson & Johnson vaccine
The foreign exchange market sometimes brings unexpected and not always pleasant surprises when the fundamental background changes its color rather abruptly.
April 13, 2021 : EUR/USD daily technical review and trade recommendations.
Further bearish decline extended towards 1.1710 which provided BUYING Pressure while being tested.
Hence, an upside pullback was expected to pursue towards 1.1840 which failed to provide sufficient bearish pressure.
April 13, 2021 : EUR/USD Intraday technical analysis and trade recommendations.
Around 1.1690, a high probability bullish trade could be taken around it, a bullish pullback should be expected towards 1.1850.
The recent bullish pullback towards the price zone of 1.1850-1.1880 should be considered for bearish rejection and a valid SELL ENTRY.
April 13, 2021 : GBP/USD Intraday technical analysis and trade recommendations.
Short-term outlook has turned into bearish after the GBP/USD pair could maintain movement below the price zone of 1.3820-1.3900 which corresponded to (61.8%-50%) Fibonacci zone.
The recent bullish trial for retesting should have given a valid SELL Entry as suggested in previous article.
Trading Signal for BITCOIN, for April 13 - 14, 2021: Buy above 62,000
Our recommendation is to buy if there is a rebound in the 62,000 zone, there is the 2/8 of Murray that acts as a good support or in 60,890, the trend line is located and the SMA of 21, both levels will be a good opportunity to buys.
Gold medium-term view remains on track for $1,780-$1,800
Gold price is trading at $1,741 after a pull back from $1,758 to $1,723. Gold price has formed a double bottom at $1,677 and near the lower channel boundary. A move above $1,758 will be a confirmed bullish break out towards $1,780-$1,800.
Technical analysis on EURUSD
EURUSD is trading above 1.19 after making an important low at 1.17. The 1.17 level was our pull back target and important Fibonacci support. There we find the 38% Fibonacci retracement level of the entire upward move from 1.0635 to 1.2350.
Litecoin remains on track of $286 target.
Litecoin is making new short-term highs. Price is making higher highs and higher lows. Trend remains bullish. After the triangle break out and the confirmation of the bullish signal by the back test, we see our bullish view remain intact targeting $286 as we mentioned in previous posts.
Bitcoin activated inverted head and shoulders pattern
Bitcoin is breaking above its resistance at $59,000-$60,000. So far price has respected support levels and the bullish channel it is in. In previous posts we mentioned that a break above the resistance neckline of the head and shoulders pattern would activate the bullish target of $65,000 and next.
Show more
We present to you the daily updated section of market analysis prepared by professional analysts of InstaForex Company. Each of the specialists represented in this section, carries out analytical reviews in accordance with his/her vision of the current situation on foreign exchange and other markets. However, the outlooks below are only recommendations and not instructions to any actions; they contain analysis of the current situation on the currency market. In some cases the analysts' opinions to changes in the current market situation can differ, in this way, we recommend you to follow the publications of only one analyst, who in your view most clearly and correctly evaluates the situation on the international Forex market.
