Technical Analysis (XAUUSD)

The price of gold (15th of April) was around 1736.2 USD/Ounce early today. Under 1-hour-chart technical analysis, the candlestick dropped after fluctuated slightly yesterday (14th). The candlestick is currently lying between the middle and lower Bollinger Bands. The bands are facing downwards, so it is likely to decline again after rebounding to the resistance level,

Currently, the short-swing upper resistance level lies between 1750.0~1752.0. The current support level lies between 1731.0~1733.0. Investors who wish to sell short could consider selling between 1738.0~1740.0 in the short-term and setting the stop loss above 1743.0.

Technical Analysis (EURUSD):

The price of EUR/USD (15th of April) was around 1.19783 early today. Under 1-hour-chart technical analysis, the candlestick continued rising as predicted yesterday (14th). It is currently fluctuating in the swing high and staying around the middle Bollinger Band. The bands are facing downwards, so it is likely to decline.

Currently, the short-swing upper resistance level lies between 1.19900~1.20000. The current support level lies between 1.19000~1.19100. Investors who wish to sell short could consider selling between 1.19750~1.19850 in the short-term and setting the stop loss above 1.19950.

Technical Analysis (GBPUSD):

The price of GBP/USD (15th of April) was around 1.37753 early today. Under 1-hour-chart technical analysis, the candlestick surged as predicted yesterday (14th). It is currently fluctuating above the middle Bollinger Band. The bands are facing upwards, so it is likely to continue rebounding.

Currently, the short-swing upper resistance level lies between 1.38300~1.38400. The current support level lies between 1.37300~1.37400. Investors who wish to go long could consider buying between 1.37800~1.37900 in the short-term and setting the stop loss below 1.37600.

Technical Analysis (AUDUSD):

The price of AUD/USD (15th of April) was around 0.77200 early today. Under 1-hour-chart technical analysis, the candlestick rose sharply as predicted yesterday (14th). It is currently lying between the middle and upper Bollinger Bands. The bands are facing upwards, so it is likely to continue rebounding.

Currently, the short-swing upper resistance level lies between 0.77500~0.77550. The current support level lies between 0.76800~0.76850. Investors who wish to go long could consider buying between 0.77250~0.77300 in the short-term and setting the stop loss below 0.77150.

Technical Analysis (USOUSD):

The price of USO/USD (15th of April) was around 62.87 this morning. Under 1-hour-chart technical analysis, the candlestick rose sharply as predicted yesterday (14th). It is currently lying above the middle Bollinger Band. The bands are fluctuating, so it is likely to pullback.

Currently, the short-swing upper resistance level lies between 63.60~63.80. The current support level lies between 61.30~61.50. Investors who wish to sell short could consider selling between 62.90~63.10 in the short-term and setting the stop loss above 63.35.

Technical Analysis (Nas100):

The NASDAQ (15th of April) was around 13843.0 this morning. Under 1-hour-chart technical analysis, the candlestick plummeted as predicted yesterday (14th). It is currently lying between the middle and lower Bollinger Bands. The bands are facing downwards, so it is likely to continue declining.

Currently, the short-swing upper resistance level lies between 13900.0~13920.0. The current support level lies between 13700.0~13720.0. Investors who wish to sell short could consider selling between 13840.0~13860.0 in the short-term and setting the stop loss above 13890.0.

Economic Calendar (15th of April)

(Source: uk.investing.com: https://uk.investing.com/economic-calendar/)

 TimeCurrencyDataImportance
1.09:30AUDUnemployment Rate (Mar)★★
2.14:00EURGerman CPI (MoM) (Mar)★★
3.14:45EURFrench CPI (MoM) (Mar)★★
4.20:30USDInitial Jobless Claims★★★
5.20:30USDRetail Sales (MoM) (Mar)★★★
6.20:30USDNY Empire State Manufacturing Index (Apr)★★
7.20:30USDPhiladelphia Fed Manufacturing Index (Apr)★★★
8.21:15USDIndustrial Production (MoM) (Mar)★★
9.22:00USDNAHB Housing Market Index (Apr)
10.22:00USDBusiness Inventories (MoM) (Feb)★★
11.22:30USDNatural Gas Storage

(Importance: maximum three stars★★★)

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