Dear colleagues.

For the pair Euro / Dollar, the price is close to the lifting of the upward structure, for which a breakdown of the level of 1.2324 is necessary. For the Pound / Dollar pair, we follow the downward structure of April 17. For the Dollar / Franc pair, we expanded the potential for the top to the level of 0.9821. For the pair Dollar / Yen, we expect the move to the level of 108.05. For the Euro / Yen pair, we follow the formation of the upward structure from March 22. Continuing the upward movement, we expect after the breakdown of 132.85 and the level of 131.94 is the key support. For the Pound / Yen pair, we follow the downward structure from April 16, we continue to move downwards after the breakdown of 150.69.

The forecast for April 20:

Analytical review of currency pairs in the scale of H1:

For the pair Euro / Dollar, the key levels on the scale of H1 are: 1.2469, 1.2432, 1.2400, 1.2371, 1.2324, 1.2293 and 1.2275. Here, the price is close to the lifting of the ascending structure from April 12, which requires breakdown at the level of 1.2324. In this case, the target is 1.2293 and in the corridor of 1.2293 - 1.2275 is the consolidation. The continuation of the upward movement is expected after the breakdown of 1.2371. In this case, the first target is 1.2400 and the breakdown of which will begin to develop an upward trend at the scale of H1. In this case, the target is 1.2432 and near this level is the consolidation. The potential value for the top is the level of 1.2469, after which we expect a pullback downwards.

The main trend is a local upward structure from April 12, a deep correction.

Trading recommendations:

Buy: 1.2371 Take profit: 1.2400

Buy 1.2402 Take profit: 1.2430

Sell: 1.2322 Take profit: 1.2295

Sell: 1.2290 Take profit: 1.2275

For the Pound / Dollar pair, the key levels on the scale of H1 are: 1.4224, 1.4187, 1.4159, 1.4127, 1.4096, 1.4046, 1.4019 and 1.3964. Here, we follow the downward structure of April 17. The short-term downward movement is expected in the corridor of 1.4046 - 1.4019 and the breakdown of the last value will lead to a potential target of 1.3964, upon reaching which we expect a pullback to the top.

The short-term uptrend is possible in the corridor of 1.4096 - 1.4127 and the breakdown of the last value will lead to an in-depth correction. Here, the target is 1.4159 and the range of 1.4159 - 1.4187 is the key support for the downward structure from April 17.

The main trend is the downward structure of April 17.

Trading recommendations:

Buy: 1.4096 Take profit: 1.4125

Buy: 1.4129 Take profit: 1.4158

Sell: 1.4044 Take profit: 1.4022

Sell: 1.4017 Take profit: 1.3966

For the pair Dollar / Franc, the key levels on the scale of H1 are: 0.9821, 0.9797, 0.9754, 0.9727, 0.9686, 0.9667 and 0.9633. Here, we follow the upward structure of April 10. The short-term upward movement is expected in the corridor of 0.9727 - 0.9754 and the breakdown of the last value will lead to a pronounced movement. Here, the target is 0.9797. The potential value for the top is the level of 0.9821, upon reaching which we expect a pullback downwards.

The short-term downward movement is possible in the corridor of 0.9686 - 0.9667 and the breakdown of the last value will lead to an in-depth correction. Here, the target is 0.9633 and this level is the key support for the upward structure.

The main trend is the upward structure of April 10.

Trading recommendations:

Buy: 0.9727 Take profit: 0.9752

Buy: 0.9756 Take profit: 0.9795

Sell: 0.9685 Take profit: 0.9668

Sell: 0.9665 Take profit: 0.9635

For the pair Dollar / Yen, the key levels on the scale of H1 are: 108.75, 108.28, 108.05, 107.66, 106.97, 106.68, 106.25 and 105.62. Here, we continue to monitor the local structure from April 2. The continued upward movement is expected after the breakdown of 107.66. In this case, the target is 108.05 and in the corridor of 108.05 - 108.28 is the consolidation. The potential value for the top is the level 108.75, from which we expect a pullback downwards.

The short-term downward movement is possible in the corridor of 106.97 - 106.68 and the breakdown of the last value will lead to an in-depth correction. Here, the target is 106.24 and 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 Canadian Dollar / Dollar pair, the key levels on the scale of H1 are: 1.2795, 1.2758, 1.2711, 1.2677, 1.2636, 1.2606, 1.2572 and 1.2522. Here, we follow the formation of the upward structure of April 17. The continued upward movement is expected after the breakdown of 1.2677. In this case, the target is 1.2711 and in this range is the consolidation. The breakdown of the level of 1.2711 should be accompanied by a pronounced upward movement. Here, the target is 1.2758. The potential value for the top is the level of 1.2795, upon reaching which we expect a pullback downwards.

The short-term downward movement is possible in the corridor of 1.2636 - 1.2606 and the breakdown of the last value will lead to an in-depth correction. Here, the target is 1.2572 and this level is the key support for the top of April 17.

The main trend is the formation of the initial conditions for the top of April 17.

Trading recommendations:

Buy: 1.2677 Take profit: 1.2710

Buy: 1.2713 Take profit: 1.2755

Sell: 1.2634 Take profit: 1.2608

Sell: 1.2604 Take profit: 1.2574

For the Australian Dollar / Dollar pair, the key levels on the scale of H1 are: 0.7776, 0.7754, 0.7740, 0.7713, 0.7696, 0.7683 and 0.7646. Here, we determined the subsequent goals from the descending structure on April 19. The continued downward movement is expected after the breakdown of 0.7713. In this case, the target is 0.7696 and in the corridor of 0.7696 - 0.7683 is the consolidation. The breakdown at the level of 0.7683 should be accompanied by a pronounced downward movement to the potential target of 0.7646, upon reaching which we expect a pullback to the top.

The short-term upward movement is possible in the corridor of 0.7740 - 0.7754 and the breakdown of the last value will lead to an in-depth correction. Here, the target is 0.7776 and this level is the key support for the top.

The main trend is the downward structure of April 19.

Trading recommendations:

Buy: 0.7740 Take profit: 0.7752

Buy: 0.7756 Take profit: 0.7771

Sell: 0.7710 Take profit: 0.7698

Sell: 0.7680 Take profit: 0.7650

For the pair of Euro / Yen, 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 continued upward movement is expected after the breakdown of 132.85. In this case, the target is 133.54 and in the corridor of 133.54 - 133.92 is the consolidation. The potential value for the upstream structure is 134.70.

The short-term downward movement is possible in the corridor of 131.94 - 131.54 and the breakdown of the last value will lead to an in-depth correction. Here, the target is 131.09 and this level is the key support for the upward structure of March 22.

The main trend is the ascending 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 Pound / Yen pair, the key levels on the scale of H1 are: 152.70, 152.21, 151.85, 150.97, 150.69, 150.23 and 149.59. Here, we follow the descending structure of April 16. The continued downward movement is expected after the pass at the price of the noise range of 150.97 - 150.69. In this case, the target is 150.23 and near this level is the consolidation. The potential value for the top is the level of 149.59, upon reaching which we expect a rollback to correction.

The short-term upward movement is possible in the corridor of 151.85 - 152.21 and the breakdown of the last value will lead to an in-depth correction. Here, the target is 152.70 and this level is the key support.

The main trend is the downward structure of April 16.

Trading recommendations:

Buy: 151.85 Take profit: 152.20

Buy: 152.25 Take profit: 152.70

Sell: 150.67 Take profit: 150.25

Sell: 150.18 Take profit: 149.65