Daily analysis of major pairs for April 26, 2017
April 26, 2017 6:57 amVideo
Latest News
- Outlook for EUR/USD on April 16. Another boring Monday April 16, 2024
- The euro hardly has a chance to rise April 16, 2024
- Trading Signals for GOLD (XAU/USD) for April 15-17, 2024: buy above $2,328 (200 EMA – 5/8 Murray) April 15, 2024
- Video market update for April 15, 2024 April 15, 2024
- Trading Signals for GBP/USD for April 15-17, 2024: buy above 1.2450 (21 SMA – 0/8 Murray) April 15, 2024
- The dollar has not reached its potential April 15, 2024
- Analysis of GBP/USD. April 15th. Retail sales in the USA allow the dollar to continue rising April 15, 2024
- China’s Q1 GDP growth next on the Asian calendar – Preview April 15, 2024
- Technical Analysis – Goldman Sachs stock gains on strong earnings April 15, 2024
- Trading Signals for ETH/USD (Ethereum) for April 15-17, 2024: buy above $3,125 (200 EMA – 2/8 Murray) April 15, 2024
- Analysis for EUR/USD on April 15th. Monday – a tough day for the euro April 15, 2024
- GBP/USD: trading plan for the US session on April 15th (analysis of morning deals) April 15, 2024
- EUR/USD: trading plan for the US session on April 15th (analysis of morning deals). Euro is at an impasse April 15, 2024
- GBP/USD: Will sterling hold steady against dollar? April 15, 2024
- Technical Analysis – USDJPY rallies to another fresh 34-year high April 15, 2024
- Will Netflix earnings take the share price closer to its record highs? – Stock Markets April 15, 2024
- EUR/USD. April 15th. Bulls panic and retreat from the market April 15, 2024
- GBP/USD. April 15th. The dollar gains confidence April 15, 2024
- Weekly forecast based on simplified wave analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, AUD/JPY, and the US Dollar Index April 15, 2024
- XM’s Heartfelt Ramadan Iftar Support April 15, 2024
EUR/USD: Since the close of
Friday, this pair has moved upwards by 220 pips, now close to the resistance
line at 1.0950. There is now a strong bearish outlook on the market, and
further upwards movement is possible as price is drifting towards the resistance
lines at 1.1000, 1.1050, and 1.1150 before the end of this week.
USD/CHF: The USD/CHF pair has been
moving downwards gradually. The EMA 11 is below the EMA 56, and the Williams’ %
Range period 20 is around the oversold territory. It is much more possible that
the market would continue going downwards until it reaches the support levels
at 0.9900 and 0.9850.
GBP/USD: Following the sharp
rise in the market last week, the Cable has moved sideways till now. However, a
rise in momentum is anticipated, which would most probably favor bulls. This
means that the distribution territories at 1.2850, 1.2900 and 1.2950 would be tested
this week.
USD/JPY: Since the close last
Friday, the USD/JPY pair has gone upwards by 200 pips, following the gap-up that was
seen at the beginning of this week. There is now a Bullish Confirmation Pattern
in the market, and price could continue going further upwards, reaching the
supply levels at 111.50, 112.00, and 112.50.
EUR/JPY: Since the close last Friday, the EUR/JPY pair has
gone upwards by 450 pips, following the gap-up that was seen at the beginning
of this week. There is now a Bullish Confirmation Pattern in the market, and
price could continue going further upwards, reaching the supply levels at
122.00, 122.50, and 123.00. The supply level at 121.50 is currently being
tested.
The material has been provided by InstaForex Company – www.instaforex.com
Source: Instaforex.com
Related Posts: