Live

To All PostTo All Posts
26th April 2021: Forex Stocks Crypto Commodities Markets Review

26th April 2021: Forex Stocks Crypto Commodities Markets Review

26.04.2021

0 comments

8

EUR/USD

Taking a gander at the week-by-week diagram, we can see that costs are seeing additionally restricted potential gain before it arrives at our obstruction region at 1.22000 – 1.22800. On the everyday graph, it echoes a similar bullish view also, where costs are confronting bullish pressing factor from our help level at 1.2000, in accordance with the 23.6% Fibonacci retracement where we may see more potential gain over this level.

On the H4 time period, costs are confronting a bullish pressing factor from our help at 1.20077, in accordance with the graphical region, 23.6% Fibonacci retracement where we could see a restricted potential gain over this level, with 1.22000 opposition as our first objective. Something else, inability to hold above 1.20077 help could see value swing lower towards the 1.19578 territories.

Spaces of thought:

  • 22000 obstruction region figured out on H4 time period
  • 20077 help region figured out on H4 time period

 

GBP/USD

Taking a gander at the week-by-week outline, we can see that costs are confronting a bullish pressing factor from our help at 1.36622, in accordance with our 38.2% Fibonacci retracement, and could see a further potential gain before it arrives at our first opposition focus at 1.43000. On the everyday time span, costs are moving toward our obstruction level at 1.4000 level, in accordance with 61.8% Fibonacci retracement.

On the H4 time period, costs are confronting a bearish pressing factor from our obstruction at 1.39121, in accordance with our half Fibonacci retracement where we could see an inversion beneath this level, with 1.37946 as our help target.

Spaces of thought:

  • 39121 opposition region figured out on H4 time period
  • 37946 help territory found on the H4 time span

 

AUD/USD

From the Weekly time period, the cost is taking a steady upward action towards where it might discover obstruction at a 78.6% Fibonacci retracement level of 0.79018. From the day-by-day time period, we see costs making higher highs from the earlier days candles.

On the H4 time period, the cost has been extremely bullish in the previous few candles, and utilizing Fibonacci retracement on the last swing leg, we could see that cost has broken over the 78.6% Fibonacci retracement level at 0.77488, where we may conceivably see it push higher towards 127% Fibonacci retracement and past swing significant level close to the significant figure of 0.78.

Spaces of thought:

  • H4 may retest 0.77488 prior to pushing higher towards 0.78 significant figure.
  • Every day and week by week time spans show more space for potential gain.

 

USD/JPY

From the week-by-week time period, costs are confronting opposition from flat swing high obstruction which agrees with half Fibonacci retracement and 78.6% Fibonacci expansion, taking help from 104.224 level which is in accordance with 78.6% Fibonacci retracement and 78.6% Fibonacci augmentation. On the everyday time span, costs have broken the climbing trendline support and are hoping to push down towards flat swing low help, in accordance with week after week support level.

On the H4 time period, costs are confronting a bearish pressing factor from sliding trendline obstruction. Costs may push down towards flat pullback support, in accordance with 161.8% Fibonacci retracement. EMA is likewise above costs, showing a bearish pressing factor at costs.

Spaces of thought:

  • On the H4, costs may push up to level swing high obstruction of 109.934
  • Value confronting obstruction from 110.978 on a week by week

 

USD/CAD

The week-by-week outline shows cost regarding the dropping trendline and drove away from the week by week 1.26464 opposition. The day-by-day outline shows that cost has been taking a consistent action downwards towards the Weekly help and even towards Daily help at 1.23238, in accordance with 78.6% and 100% Fibonacci expansion.

The H4 outline shows value breaking under the 1.24675 level in accordance with 127% Fibonacci retracement and 100% Fibonacci augmentation, we could possibly get a retest of this level before the value drive further lower towards 1.23746

Spaces of thought:

  • The week after week and day by day time span regard of the plummeting trendline.
  • On H4, the cost might be pushing lower since breaking the degree of 1.24675.

 

USD/CHF

USD/CHF has seen an inversion at the sliding trendline opposition and is currently holding underneath the week after week 0.95000 obstruction level which is in accordance with our 61.8% Fibonacci retracement. The everyday outline shows that cost has broken beneath the key day by day 0.92300 help turned-obstruction, re-tried and is currently pushing lower. We might actually see further disadvantage from here towards the following every day 0.89800 help level.

On the H4 graph, we can see that cost is currently holding underneath both the Ichimoku cloud, showing bearish pressing factor in accordance with our bearish predisposition. Cost is additionally now holding beneath the day by day 0.92300 help turned-obstruction territory, which is in accordance with our 38.2% Fibonacci retracement and 161.8% Fibonacci augmentation, where we might actually see further disadvantage from here towards our week by week 0.89800 help in accordance with 78.6% Fibonacci retracement. Something else should value break over every day 0.92300 level, it could swing towards 0.93802 opposition all things being equal.

Spaces of thought:

  • Cost is confronting a bearish pressing factor as it holds underneath the Ichimoku cloud.
  • We might actually see a value swing towards the following 0.89800 weeks after week support.

 

Dow Jones Industrial Average

On the week after week outline, the cost is holding underneath key 34600 opposition. With cost going astray so distant from the moving normal, we may hope to see some mean inversion in the Dow soon. Merchants may add to their shorts under 34600 opposition with a potential long-haul drawback focus at 31190 help. In any case, a week-by-week break and close over 34600 obstructions will see value swing higher. On the Daily, the cost is covered under 34600 week after week obstruction too confronting bearish pressing factor. Dealers ought to be wary about any type of selling as specialized pointers stay bullish.

On the H4, cost tried and responded over 33740 help. In any case, with value holding among help and 34600 weeks after week opposition, and specialized pointers giving an inconsistent message, we like to stay unbiased until further notice. The difference is as yet noted on the H4

Spaces of thought:

  • Watch intently 34600 weeks after week opposition.

 

XAU/USD (GOLD)

On the week-by-week time period, gold is trying and holding underneath dropping trendline opposition and long haul moving normal obstruction at 1785. A week after week close beneath this obstruction could see value pullback lower towards 1687 help. On the Daily time span, the cost is likewise trying the opposition zone at 1805. A transient drop towards help at 1730 could be likely. Something else, inability to hold under 1805 obstruction could see value swing higher towards 1855 opposition next.

On the H4, pulled back lower and is as of now testing support at 1777 level. With value holding above moving normal and MACD showing space for additional bullish energy, we see a low conviction bullish situation with cost conceivably pushing towards the 1805 level. Anyway, we would alert merchants about the dissimilarity that is shaping the H4 also.

Spaces of thought:

  • Bearish difference shaping on H4
  • 1777 help is the intraday support level to observe

DOWNLOAD FINANCEWORLD APP OR USE WEB VERSION

Live Trading Signals: Forex, Stock, Crypto, Commodities

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments
28th April 2021: Forex Stocks Crypto Commodities Markets Review

28th April 2021: Forex Stocks Crypto Commodities Markets Review

27th April 2021: Forex Stocks Crypto Commodities Markets Review

27th April 2021: Forex Stocks Crypto Commodities Markets Review

26th April 2021: Forex Stocks Crypto Commodities Markets Review

26th April 2021: Forex Stocks Crypto Commodities Markets Review

Learn more about trading and investments

Contact us if you want to develop individual investment portfolio that will help you achieve your financial goals and avoid mistakes.