Handeln Sie verantwortungsvoll. CDFs sind komplexe Momente und stellen wegen der Hebelwirkung ein hohes Risiko für schnelle Geldverluste dar. Sie sollten abwägen, ob Sie die Funktion von CFDs verstehen und ob Sie in der Lage sind, das hohe Risiko von Geldverlusten einzugehen.

Handeln Sie verantwortungsvoll. CDFs sind komplexe Momente und stellen wegen der Hebelwirkung ein hohes Risiko für schnelle Geldverluste dar. Sie sollten abwägen, ob Sie die Funktion von CFDs verstehen und ob Sie in der Lage sind, das hohe Risiko von Geldverlusten einzugehen.

22 April

Outlook:

U.S dollar weakens

Euro is consolidating

Gold traders aim for high

Euro (EURUSD)

The common currency retreated after comments by the Fed chairman regarding the monetary policy yesterday. However, EURUSD was traded heavily above the support at 1.0840 and started to show hopes awaiting Lagarde’s speech later today. Technically, the pair remains in a downward trend over the long run as shown in the daily chart. Moreover, the current level is critical to deciding the next impulsive movement. Meanwhile, the intraday charts show a horizontal and cautious movement. Technical indicators RSI and MACD appear indecisive.

PIVOT POINT: 1.0840

 R1R2R3
RESISTANCE1.08651.08801.0895
 S1S2S3
SUPPORT1.08201.08051.0790

Bitcoin (BTCUSD)

Bitcoin appears to form a bearish flag on the hourly chart, which might give BTCUSD a slight advance during the day before returning to the primary downward trend. With the 20-period moving average above price, price appears to have broken the upward trend-line and previous lows to confirm the downward move of the hourly chart. The RSI and MACD both confirm the price’s downward trend.

PIVOT POINT: 40,655

 R1R2R3
RESISTANCE40,94541,31541,760
 S1S2S3
SUPPORT40,39539,84039,500

Swiss Franc (USDCHF)

The daily chart of the USDCHF shows an overall bullish trend. Similarly, the hourly chart shows an uptrend with the 20 candle MA going below the price. As the price appears to have broken above the previous highs, the MACD and RSI both signal a bullish continuation.

PIVOT POINT: 0.9530

 R1R2R3
RESISTANCE0.95550.95800.9610
 S1S2S3
SUPPORT0.95100.94900.9455

Canadian Dollar (USDCAD)

Price appears to be trending horizontally on the USDCAD daily chart. The hourly chart also shows the horizontal price change. Even though the MACD indicates that the price is about to reverse to the downside at the level of 1.2600, the RSI indicates that the market is overbought.

PIVOT POINT: 1.2600

 R1R2R3
RESISTANCE1.26201.26451.2675
 S1S2S3
SUPPORT1.25701.25401.2510

FTSE 100 (UK100)

Overall, the FTSE100 is trending upwards. On the hourly chart, however, the index value appears to have broken through the upward trendline and several lows to reach the resistance level of 7,520. The RSI is oversold, and the MACD is showing a likely price turnaround before a further drop.

PIVOT POINT: 7,545

 R1R2R3
RESISTANCE7,5607,5907,610
 S1S2S3
SUPPORT7,5207,5007,485

Spot Gold (XAUUSD)

Gold prices are trading below the resistance of $1,950 and keep an optimistic view. The hourly chart, on the other hand, displays a horizontal price movement as the 20-period moving average moves in-between prices. The RSI and MACD both show a horizontal movement, indicating that the price is undecided about its direction.

PIVOT POINT; 1,950

 R1R2R3
RESISTANCE1,9601,9651,970
 S1S2S3
SUPPORT1,9451,9401,935