InvestMacro

Article By RoboForex.com

EURUSD, “Euro vs US Dollar”

EURUSD is still forming the fifth wave of the Flag pattern. Today, the pair may reach 1.1290 and then fall towards 1.1280. After that, the instrument may form one more ascending structure to reach 1.1299 and finish the correction. Later, the market may resume trading inside the downtrend with the first target at 1.1241.

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD is consolidating around 1.3082. Possibly, today the pair may form a new descending structure to reach 1.3045 and then start another growth towards 1.3082. If later the price breaks range to the downside, the instrument may continue falling with the target at 1.2950; if to the upside – resume trading upwards and reach 1.3120.

USDCHF, “US Dollar vs Swiss Franc”

USDCHF is consolidating around 1.0026. If later the price breaks range to the upside, the instrument may resume trading inside the uptrend to reach 1.0142; if to the downside – start a new correction towards 0.9965 and then form one more ascending structure with the target at 1.0080.

USDJPY, “US Dollar vs Japanese Yen”

USDJPY has rebounded from 110.86. Possibly, the pair may form the fifth ascending structure to reach 112.00. Later, the market may start a new decline to break 110.80 and then continue falling with the first target at 109.98.

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD has rebounded from 0.7171; right now, it is falling to reach 0.7089. Possibly, today the pair may reach this level and start another growth with the target at 0.7131.

USDRUB, “US Dollar vs Russian Ruble”

USDRUB is being corrected towards 64.62. Today, the pair may reach this level and then form a new descending structure towards 64.29. If later the price breaks 64.29 to the downside, the instrument may continue falling to reach 63.95; if 64.62 to the upside – continue the correction towards 64.99 and then resume trading inside the downtrend with the target at 62.77.

XAUUSD, “Gold vs US Dollar”

Gold is trading downwards. Possibly, today the pair may break 1291.88. The short-term target is at 1273.20. After that, the instrument may be corrected to return to 1291.88 and then form a new descending structure to reach 1260.00.

BRENT

Brent is being corrected. Possibly, the pair may reach 70.50 and then start a new growth with the target at 73.05. Later, the market may be corrected again to return to 70.50 and then form one more ascending structure towards 75.50.

Article By RoboForex.com

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Article By RoboForex.com

BTCUSD, “Bitcoin vs US Dollar”

As we can see in the H4 chart, BTCUSD reached the retracement of 61.8% and then there was a divergence that made the pair reverse and start a new decline, which has already reached the retracement of 23.6%. The next downside target may be the retracements of 38.2%, 50.0%, and 61.8% at 4850.00, 4657.00, and 4470.00 respectively. The resistance is the high at 5459.50. If the price breaks it, the instrument may resume growing towards the mid-term retracement of 76.0% at 5918.00.

The H1 chart shows more detailed structure of the current movement.

ETHUSD, “Ethereum vs. US Dollar”

As we can see in the H4 chart, the correctional uptrend has almost reached the retracements of 76.0%. At the same time, there is a divergence on MACD, which may indicate the downtrend. The downtrend has reached the retracement of 23.6% and its next targets may be at 146.60 and 134.00.

In the H1 chart, ETHUSD is testing the retracement of 23.6% and may continue moving downwards.

Article By RoboForex.com

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

by JustForex

The EUR/USD currency pair

• Prev Open: 1.12732
• Open: 1.12519
• % chg. over the last day: -0.12
• Day’s range: 1.12517 – 1.12946
• 52 wk range: 1.1214 – 1.2557

EUR/USD is in a bullish mood. The EUR is consolidating next to the key extremums. EUR/USD quotes are testing the demand zone at 1.12850-1.13000 with the closest support being 1.12650. The experts agree that the demand on EUR grew after the accouncement of a large cross-border deal. Mitsubishi UFJ Financial Group considers purchasing a multi-billion aviation financing business from DZ Bank. EUR/USD can grow further, you should open positions from the key levels.

The Economic News Feed for 12.04.2019:

• – Industrial Production Volume (EU) – 12:00 (GMT+3:00);
• – Import/Export Price Index (US) – 15:30 (GMT+3:00);
• – Consumer Mood and Expectations Index (US) – 17:00 (GMT+3:00);

The price fixed above 50 MA and 200 MA which points to the power of the buyers.

The MACD is in the positive zone and above the signal line which points towards further growth of EUR/USD.

The Stochastic Oscillator is in the neutral zone, the %K line is below the %D line which gives a signal to sell EUR/USD.

• Support levels: 1.12650, 1.12500, 1.12350
• Resistance levels: 1.12850, 1.13000, 1.13400

If the price fixes above 1.13000, expect further growth toward 1.13300-1.13500.

Alternatively, the quotes can descend toward 1.12400-1.12300.

The GBP/USD currency pair

• Prev Open: 1.30828
• Open: 1.30526
• % chg. over the last day: -0.28
• Day’s range: 1.30506 – 1.30809
• 52 wk range: 1.2438 – 1.4378

GBP keeps trading in a long flat. The technical picture is amgbiguous. The EU leaders officially postponed Brexit until October 31. The hard Brexit that was planned for today will not be activated. However, the financial market participant are worried that Theresa May will not be able to achieve the support from the British Parliament.

GBP/USD keeps consolidating. The local support and resistance levels are 1.30500 and 1.30800. The positions should be opened from these levels. Keep an eye on the US economic reports.

The Economic News Feed for 12.04.2019 is calm.

The price fixed below 50 MA and 200 MA which points to the power of the sellers.

The MACD histogram is in the negative zone and keeps falling, which gives a signal to sell GBP/USD.

The Stochastic Oscillator is in the neutral zone, the %K line is below the %D line which points to the bearish mood.

• Support levels: 1.30500, 1.30150, 1.29850
• Resistance levels: 1.30800, 1.31200, 1.31550

If the price fixes below 1.30500, expect the quotes to fall toward 1.30000.

Alternatively, the quotes can grow toward 1.31000-1.31200.

This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.

Registration The USD/CAD currency pair

• Prev Open: 1.33107
• Open: 1.33845
• % chg. over the last day: +0.41
• Day’s range: 1.33481 – 1.33858
• 52 wk range: 1.2248 – 1.3664

USD/CAD was bullish yesterday, as CAD weakened by more than 70 points and updated the local minimums. The trading instrument itself updated the local maximums as the demand for USD has grown after positive economic reports. The oil quotes retreated, which caused additional demand on CAD. Right now the USD/CAD is consolidating around 1.33500-1.33750. You should open positions from these levels.

The Economic News Feed for 12.04.2019 is calm.

The price fixed above 50 MA and 200 MA which points to the power of the buyers.

The MACD histogram is in the positive zone but below the signal line which gives a weak signal to buy USD/CAD.

The Stochastic Oscillator is in the neutral zone, the %K line is above the %D line which points towards growth of USD/CAD.

• Support levels: 1.33500, 1.33300, 1.33100
• Resistance levels: 1.33750, 1.34000

If the price fixes below 1.33500, expect the quotes to fall toward 1.33200-1.33000.

Alternatively, the quotes can grow toward 1.34000.

The USD/JPY currency pair

• Prev Open: 110.968
• Open: 111.640
• % chg. over the last day: +0.56
• Day’s range: 111.585 – 111.953
• 52 wk range: 104.56 – 114.56

USD/JPY shows an ascending trend. During the last two days the quotes have grown 100 points. The quotes have set new monthly maximums and reached the round 112.000 level. 111.750 acts as a mirror support. Keep an eye on the US Treasury bonds’ yield and open positions from the key levels.

The Economic News Feed for 12.04.2019 is calm.

The price fixed above 50 MA and 200 MA which points to the power of the buyers.

The MACD histogram is in the positive zone and above the signal line which points toward further growth of USD/JPY.

The Stochastic Oscillator is near the overbought zone, the %K line is above the %D line which gives a weak signal to buy USD/CAD.

• Support levels: 111.750, 111.600, 111.450
• Resistance levels: 112.000, 112.400, 112.600

If the price fixes above 112.000, expect the quotes to grow toward 112.400-112.600.

Alternatively, the quotes can correct toward 111.600-111.400.

by JustForex

by JustForex

Yesterday, the US dollar strengthened against a basket of major currencies. Positive economic data supported the US currency. Initial jobless claims fell to a 40-year low (196K), while experts expected 211K. The producer price index rose by 0.6% in March instead of the expected growth by 0.3%. The dollar index (#DX) closed yesterday in a positive zone (+0.26%).

Uncertainty concerning Brexit remains. The delay of the UK exit from the EU prevented the “hard” Brexit scenario, which was supposed to happen this Friday. However, this decision did not make investors happy. The European Union does not intend to revise the draft agreement, that means that there is a possibility that Prime Minister Theresa May will not be able to enlist the support of Parliament during these 6 months. So no-deal Brexit is still not excluded.

After continuous disputes, the EU countries agreed to start negotiations with the US on trade terms simplification. EU members intend to give the European Commissioner for Trade, Cecilia Malmstrom, a negotiating mandate to prevent the United States from imposing fines on European-made cars on April 15. It should be recalled that the United States and the European Union agreed to start preparing negotiations on free trade in July 2018.

The “black gold” prices have moved away from annual highs. At the moment, futures for the WTI crude oil are testing the mark of $64.00 per barrel. At 20:00 (GMT+3:00), a report on the US Baker Hughes total rig count will be published.

Market Indicators

Yesterday, the bearish sentiment was observed in the US stock market: #SPY (-0.03%), #DIA (-0.08%), #QQQ (-0.24%).

The 10-year US government bonds yield fell slightly. Currently, the indicator is at the level of 2.49-2.50%.

– Industrial production in the eurozone at 12:00 (GMT+3:00);
– Export and import price indexes in the US at 15:30 (GMT+3:00);
– Michigan consumer expectations and sentiment at 17:00 (GMT+3:00)

by JustForex

As today’s retail world becomes more and more competitive with both brick-and-mortar stores and online, it is those companies that choose to be progressive with their thinking and marketing that will rise to the top. As China’s top online retailer and its largest overall retailer, JD.com is changing the way companies do business each and every year. But even with its success, the company is constantly evolving to meet the needs of its customers and stay ahead of its competitors. In doing so, it is determined to win the e-commerce battle, while along the way increasing its presence as a fashion force with which to be reckoned.

Building upon what company founder Richard Liu started, JD.com president Xia Ding is helping the company lead the way as it begins its foray into the world of high fashion. Noting that wealthy Chinese shoppers now want and expect only the best, she is working with many others within the company to establish not only a stronger online presence in this area, but also incorporate the various aspects that have made Jingdong a success into its new emphasis on luxury products.

With an established track record of selling authentic products, it comes as no surprise that Xia Ding and others at Jingdong are anxiously awaiting to see the results of their hard work pay off with consumers across China. Focusing on the individuality she knows Chinese consumers consider to be very important, she and other company executives are striving to create a luxurious e-commerce experience for each and every customer.

In being able to control its own supply chain, Jingdong is taking the foundation built by Richard Liu and transforming the company in new and exciting ways. As Xia Ding notes, Jingdong is known as a company which sells only the best and most authentic merchandise possible, allowing consumers to trust that the products they purchase from the company will indeed meet their needs and high expectations.

But to stay successful in the coming years, Xia Ding knows it will take far more than simply selling great merchandise. Along with this, Jingdong is also committed to establishing new and profitable relationships with numerous brand partners, which will in turn allow it to offer even more luxurious and innovative products to its customers.

Using her vast marketing knowledge and strong determination to see Jingdong become bigger and better than ever, Xia Ding is extremely excited about the prospects that are ahead in the coming years. Working with numerous Chinese fashion designers as well as other designers from across the world, she and other company executives eagerly anticipate the response customers will have to the new clothing lines, accessories, and other luxurious products that will soon be made available.

In describing her leadership style, Xia Ding notes she is constantly striving to reinvent herself to meet the changing needs of the company and its customers. Because of this, she encourages her team of executives to do the same. By always being willing to take the initiative and look at problems as challenges, Xia Ding believes she will be able to continue growing in ways that will help Jingdong become the company that will lead the way into a new and exciting era of e-commerce.

With many more areas in which to conquer within today’s business world, Jingdong and Xia Ding know the competition will only get more intense in the coming decades. Because of this, she and other company executives are not only relying on the founding principles of Richard Liu, but also on the new and innovative thinking that goes with today’s retail environment.

By Taylor Wilman

By Matthew Anthony, Alpari

By TheTechnicalTraders.com

Historically, April has been a pretty consistent upside opportunity in Natural Gas for over 20 years.  Over the past 24+ years, the upside opportunity in Natural Gas has been accurate over 68% of the time with the average upside potential ranging from $0.60 to $0.85.  With Natural Gas sitting down near recent lows and seeing as though we are still fairly early in the month of April, our researchers believe the opportunity still exists for some quick profits in UNG with an upside move from below $23.95 to a target level of $26 to $28 (roughly +9 to +18%).

The downside risk is rather limited with clear support visible below the recent lows (near $22.75) and a historical likelihood of any further downside price swing being below 33%.  Our research team believes an opportunity to establish new longs in UNG below the current Daily price gap (below $23.50) would be ideal.

Historical data mining shows that average upside rallies at this time of the year are typically ranging just below $1.  Thus, the upside potential for this move being about +9 to +12% should be sufficient for quick profits.  Skilled traders can hold a small portion of the trade for any potential run beyond these initial target levels, but we caution traders that $28.50 to $29.00 is an area of strong resistance. Our last trade in natural gas with subscribers netted us 30% profit in UGAZ within 10 days back in February.

Our research team is still waiting for the Daily Upside Gap to fill with prices below $23.50 before we look to enter any new trades.  We have been patiently waiting for the bottom in Natural Gas to form knowing that we have this trade setup with a relatively high success rate.  Keep an eye on Natural Gas and look for any good entries below $23.50 in UNG – the deeper the better.  Our Fibonacci modeling systems are already suggesting a bottom has set up and any upside price move above $24.30 will likely prompt a bigger rally towards $26 to $28.

Are you ready for this next move?  Want to know how we can help you find and execute better trades?  55 years of combined experience in researching and trading makes analyzing the complex and ever-changing financial markets a natural process. We have a simple and highly effective way to provide our customers with the most convenient, accurate, and timely market forecasts available today. Our stock and ETF trading alerts are readily available through our exclusive membership service via email and SMS text. Our newsletter, Technical Trading Mastery book, and Trading Courses are designed for both traders and investors. Also, some of our strategies have been fully automated for the ultimate trading experience.

Chris Vermeulen

TheTechnicalTraders.com

Article By RoboForex.com

EURUSD, “Euro vs US Dollar”

EURUSD may choose an alternative scenario and form one more ascending structure towards 1.1299. According to the main scenario, the price is expected to form the fifth wave inside the downtrend with the first target at 1.1207.

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD may also choose an alternative scenario and form one more ascending structure to reach 1.3131. According to the main scenario, the price is expected to continue trading inside the downtrend with the target at 1.2950.

USDCHF, “US Dollar vs Swiss Franc”

USDCHF has reached the predicted target of the third ascending wave without any alternative scenarios and may continue growing towards 1.0046. Possibly, today the pair may be slightly corrected to reach 1.0008 and then start a new growth towards 1.0046. After that, the instrument may start another correction with the target at 0.9990 and then continue trading upwards to reach 1.0064.

USDJPY, “US Dollar vs Japanese Yen”

USDJPY has finished the correction at 111.10. Today, the pair may form the fifth structure to reach 110.80 and complete the first wave. Later, the market may resume trading inside the downtrend to break 110.72 and then continue falling with the predicted target at 110.50.

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD has rebounded from 0.7119; right now, it is growing to reach 0.7184. Possibly, today the pair may reach this level and then fall to return to 0.7119. After that, the instrument may break this level and then continue trading inside the downtrend with the target at 0.7060.

USDRUB, “US Dollar vs Russian Ruble”

USDRUB has reached the target of the third descending wave; right now, it is still trading downwards. Today, the pair may consolidate around 64.29. According to the main scenario, the price is expected to form a downside continuation pattern. The predicted target is at 63.04.

XAUUSD, “Gold vs US Dollar”

Gold has reached its upside target; right now, it is trading downwards. Possibly, the pair may reach 1297.33 and then form one more ascending structure towards 1310.15. Later, the market may start a new descending wave with the short-term target at 1260.00.

BRENT

Brent is still trading upwards. Today, the pair may break 71.55 to the upside. Right now, the price may start another correction towards 70.50 and then form one more ascending structure with the short-term target at 73.05.

Article By RoboForex.com

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Article By RoboForex.com

AUDUSD, “Australian Dollar vs US Dollar”

As we can see in the H4 chart, AUDUSD is trading upwards; it has already tested the retracement of 50.0%. The next upside targets may be the retracements of 61.8% and 76.0% at 0.7183 and 0.7225 respectively. The support level is the retracement of 23.6% at 0.7072.

In the H1 chart, the pair has been corrected by 50.0%. At the same time, the support is the retracement of 38.2% at 0.7115. After finishing the pullback, the instrument may resume growing towards the retracements of 61.8% and 76.0% at 0.7183 and 0.7225 respectively.

USDCAD, “US Dollar vs Canadian Dollar”

As we can see in the H4 chart, after reaching the retracement of 61.8%, the correction is transforming into the Triangle. The next rising impulse will be heading to break the high at 1.3467. If the price breaks the pattern upwards, the instrument may continue growing to reach the retracement of 76.0% at 1.3522 and then the high at 1.3665.

In the H1 chart, USDCAD is trying to form another descending wave. The first descending impulse has reached the retracement of 61.8%. The next target will be the retracement of 76.0% at 1.3302. If later the price reaches the low at 1.3284 and breaks it, the instrument may continue falling towards the post-correctional extension area between the retracements of 138.2% and 161.8% at 1.3255 and 1.3246 respectively.

Article By RoboForex.com

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

by JustForex

The EUR/USD currency pair

• Prev Open: 1.12615
• Open: 1.12732
• % chg. over the last day: +0.11
• Day’s range: 1.12713 – 1.12874
• 52 wk range: 1.1214 – 1.2557

Yesterday had a lot of important macroeconomical events and EUR/USD was traded very actively. There was o single defined trend, however. The ECB kept the monetary policy, as was expected. Mario Draghi mentioned the growing risks in the EU economy but elected to keep the interest rates until the end of the year. The FOMC Minutes confirmed the dowish position of Federal Reserve. The basis consumer index of the US customer prices was 0.1%, which is lower than expected 0.2%.

The key support and resistance levels are 1.12650 and 1.12850. The quotes can grow further. Today you should evaluate all the reports coming from the US and open positions from the key levels.

The Economic News Feed for 11.04.2019:

• – Number of Unemployment Benefits Applications (US) – 15:30 (GMT+3:00);
• – Manufacturer’s Price Index (US) – 15:30 (GMT+3:00);

The price fixed above 50 MA and 200 MA which points to the power of the buyers.

The MACD histogram is in the positive zone and keeps rising which points to further growth of EUR/CAD.

The Stochastic Oscillator is near the overbought zone, the %K line is crossing the %D line. There are no signals.

• Support levels: 1.12650, 1.12550, 1.12350
• Resistance levels: 1.12850, 1.13000, 1.13400

If the price fixes above 1.12850, expect the quotes to rise toward 1.13250-1.13500.

Alternatively, the quotes can descend toward 1.12500-1.12350.

The GBP/USD currency pair

• Prev Open: 1.30474
• Open: 1.30828
• % chg. over the last day: +0.27
• Day’s range: 1.30778 – 1.31089
• 52 wk range: 1.2438 – 1.4378

GBP/USD was in a bullish mood yesterday. The EU leaders agreed to postpone Brexit for 12 months. GBP is additionally supported by the positive GDP results and the growing industrial production volume. Right now the quotes are consolidating at 1.30750-1.31200. You should open positions from these levels, the pair is likely to grow further.

The Economic News Feed for 11.04.2019 is calm.

The indicators do not provide precise signals, the price has crossed 50 MA and 200 MA.

The MACD histogram is in the positive zone but below the signal line, which gives a weak signal to buy GBP/USD.

The Stochastic Oscillator is in the neutral zone, the %K line is crossing the %D line. There are no signals at the moment.

• Support levels: 1.30750, 1.30350, 1.30150
• Resistance levels: 1.31200, 1.31550, 1.31900

If the price fixes above 1.31200, expect the quotes to rise toward 1.31500-1.31700.

Alternatively, the quotes can descend toward 1.30500-1.30300.

This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.

Registration The USD/CAD currency pair

• Prev Open: 1.33207
• Open: 1.33107
• % chg. over the last day: -0.06
• Day’s range: 1.33107 – 1.33564
• 52 wk range: 1.2248 – 1.3664

USD/CAD is being actively traded as of late. There is no single trend, but the key range is 1.33300-1.33600. You should open positions from these levels and wait for more releases from the US. Keep an eye on the oil quotes dynamics.

The Economic News Feed for 11.04.2019 is calm.

There are no signals, the price is consolidating close to 200 MA.

The MACD histogram is in the positive zone and above the signal line, which points to the bullish mood.

The Stochastic Oscillator is close to the overbought zone, the %K line is crossing the %D line. There are no signals at the moment.

• Support levels: 1.33300, 1.33050, 1.32850
• Resistance levels: 1.33600, 1.33850, 1.34000

If the price fixes above 1.33600, expect the quotes to grow toward 1.33850-1.34000.

Alternatively, the quotes can fall toward the round 1.33000.

The USD/JPY currency pair

• Prev Open: 111.131
• Open: 110.968
• % chg. over the last day: -0.14
• Day’s range: 110.896 – 111.167
• 52 wk range: 104.56 – 114.56

USD/JPY has an ambiguous technical picture. The trading instrument is moving sideways. The local support and resistance levels are 111.000 and 111.200. The quotes can descend further. Keep an eye on the economic releases and the US Treasury Bond’s yield. Open the positions from the key levels.

The Economic News Feed for 11.04.2019 is calm.

The indicators do not provide precise signals, the price has crossed 50 MA.

The MACD histogram is close to 0.

The Stochastic Oscillator is in the neutral zone, the %K line is crossing the %D line. There are no signals at the moment.

• Support levels: 111.000, 110.800, 110.550
• Resistance levels: 111.200, 111.450, 111.600

If the price fixes below 111.000, expect the quotes to fall toward 110.700-110.600.

Alternatively, the quotes can grow toward 111.450-111.600.

by JustForex