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27 Apr

April 27th Commodity and Currencies Trading Signals

admin Forex Technical outlook 0 Comments
Daily Technical and Fundamental Analysis on 27th April 2016. Today’s Technical Analysis Pairs: EURUSD, GBPUSD, USDJPY, & XAUUSD.
 

EURUSD

The euro makes stronger in the midst of the interest in the safe possessions buying. The euro unnoticed the IFO release & sustained slowly rising. During the Bonds marketplace, the Ten-year German government bonds give uprisen which amplified the magnetism of the European resources.
 
The 1st support takes place at 1.126 levels, after those 1.115 levels. The 1st resistance locates at 1.135 levels, the other one is at 1.145 levels.
 
It’s an established & a burly sell signal. MACD indicator is in a negative region. The value is declining.
Subsequent to the support level of 1.126 burst through downstairs the line of attack to the support 1.115 will be unlocked.
 

GBPUSD

During the Bonds marketplace, the Ten-year government bonds give up disparity (from the US & the UK) constant to turn down which improved the attractiveness of the British possessions. In toting up, the discharge of negative macroeconomic statistics from the US contributes to an additional reduce of the discrepancy.
 
The value is finding the 1st support at 1.448 levels; the other one is at 1.44 levels. The value is finding the 1st resistance at 1.456 levels; the other one is at 1.465 levels.
 
It’s a confirmed & a muscular buy signal. MACD indicator is in a positive region. The value is prospering.
The buyers want to break over 1.467 levels for a solid growth. The approach to the spot 1.476 levels will be released subsequent to this burst through.
 

USDJPY

The Bonds marketplace drives bullish signals. The US & JPY securities acquiesce differential prolonged yet again which turns into a bullish feature for the US currency. The oil marketplace increase can turn out to be the driver for the dollars to develop.
 
The value is finding the 1st support at the level of 110.6, after those 109.6 levels. The value is finding the 1st resistance at 111.4 levels; the other one is at 112.2 levels.
 
There is a confirmed and a strong buy signal. The MACD indicator is in a positive territory. The price is growing.
 
We expect the 112.20 line break that will open the way for the buyers to 113.00.

XAUUSD

XAUUSD – Gold price stimulated higher approaching over the 10-day moving average at the level of 1.239 next a softer than anticipated US shopper self-assurance statement.  Resistance is seen close to the April highs at the levels of 1270.  Momentum relics flat as the MACD index publish close to the zero index level whereas the RSI-relative strength index makes an analysis of 52 in the central point of the neutral sort.
 
US Consumer self-assurance chops down to 94.2 in April since 96.1 in March. The pull-back was extra marked than predictable. The prospect constituent drove the turn down in total assurance, as potential knock down to 79.3 in April since 83.6 in March. For the meantime, the current situation module enhanced to 116.4 in April since 114.9 in March.
 

AUDUSD

My AUDUSD sell call @ 0.7758 has executed and going towards our target with 140 pips profit 
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