Analysis of EUR/USD on April 15. Powell and Lagarde repeated only well-known theses
Analysis of EUR/USD on April 15. Powell and Lagarde repeated only well-known theses
The wave counting on the 4-hour chart is still fully comprehensible and has not undergone any changes in recent days.
Forex Analysis & Reviews
Short-term technical analysis on XRP/USD for April 15, 2021
XRP/USD is trading around $1.70 just above the short-term trend line support. Price topped yesterday at $1.9617 and pulled back as low as $1.5676. Trend remains bullish as long as price is above $1.06 but if price breaks below $1.64, I expect a deeper correction to follow.
Is it time for the Dollar index to resume its up trend?
In previous posts we have shown similarities of the recent bottom in the Dollar index to the bottom of 2018 and the run up to 103. Price has made an upward move from 89.18 to 93.41 but has retraced back to 91.60. With the RSI oversold in the 4 hour chart, there are increased chances of a reversal.
EURUSD stops advance but remains inside bullish channel
EURUSD is trading at 1.1960 after briefly moving above 1.1990. In our previous posts we were expecting the bounce in EURUSD to continue higher towards 1.20-1.2050. Price has come very close to this important resistance area and the next couple of sessions will be critical for the trend of the next.
Gold price breaks important resistance
Gold price is trading above the major short-term resistance of $1,758. As we explained in our last analysis, bulls needed to break above $1,748 in order to increase chances for a move above $1,758. Breaking $1,758 would confirm the major low at $1,677 and the bullish signal for a move towards.
Trading Signal for Ripple XRP, for April 15 - 16, 2021: Buy above 1.7540
On the technical level, we note that XRP remains bullish for now as long as it is above the 21 SMA and above the 4/8 murray pivot.
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Trading Signal for Nasdaq 100 #NDX, for April 15 - 16, 2021: Key level 13,900
Given that the eagle indicator is showing a bullish signal and is located above the SMA of 21, we must buy the Nasdaq 100 #NDX as long as it remains above 13,900 points (+1/8 of murray).
Trading Signal for GBP/USD for April 15 - 16, 2021: Key level 1.3830
The market sentiment report shows that 61.63% of operators are buying the pair, this is a sign that the rise of the pair will be limited below the 200 EMA and in the medium term could...
April 15, 2021 : EUR/USD daily technical review and trade recommendations.
Hence, an upside pullback was expected to pursue towards 1.1840 which failed to provide sufficient bearish pressure.
The current Upside breakout above 1.1840 could enhance further movement towards 1.1990 where selling pressure maybe anticipated.
April 15, 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 was expected to occur towards 1.1850.
This recent bullish pullback towards the price zone of 1880 was suggested for bearish rejection.
EURUSD: German economic growth will slow down significantly in the next two quarters
The euro was trading in a narrow side channel in the first half of the day after several unsuccessful attempts to get above the local high in the area of 1.1990. German economic growth will slow down significantly in the next two quarters. The inflation of the eurozone countries is in line with the.
April 15, 2021 : GBP/USD Intraday technical analysis and trade recommendations.
Please Note that the currently-demonstrated Bearish Persistence below 1.3820 can favour bearish decline at least towards 1.3600 where the lower limit of the depicted movement channel can be tested.
Bearish breakout below 1.3600 will enhance further bearish decline towards 1.3500 and probably.
Trading Signal for EUR/USD for April 15 - 16, 2021: Key level 1.1980
The market sentiment for today shows that there are 65% of traders who are selling the EUR / USD pair, this is a sign that after having made a correction the pair will...
EUR/USD. Speculators devise a plan that could lead to new speculative manipulations in the market
Analyzing the facts of influence on the quotes, it is assumed that soon speculators can play a fairly good game, which will lead to new speculative manipulations in the market.
GBP/USD: plan for the US session on April 15 (analysis of morning trades)
In my morning forecast, I paid attention to the resistance of 1.3792 and recommended actions based on it. Let's take a look at the 5-minute chart and talk about what happened
EUR/USD: plan for the US session on April 15 (analysis of morning trades)
In my morning forecast, I paid attention to the level of 1.1987 and recommended actions based on it. Let's look at the 5-minute chart and analyze the entry point
BITCOIN. Inflation could be the main driver for bitcoin in 2021
Last year, when the whole world confronted the "coronavirus" with huge economic and human losses, bitcoin showed its almost strongest growth in the entire history of its existence.
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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.
