Technical Analysis (XAUUSD)

The price of gold (27th of April) was around 1781.1 USD/Ounce early today. Under 1-hour-chart technical analysis, the candlestick pulled back after surging to the resistance level as predicted yesterday (26th). It is currently rebounding and lying around the middle Bollinger Band. The bands are facing upwards, so it is likely to rebound again after the pullback.

Currently, the short-swing upper resistance level lies between 1792.0~1794.0. The current support level lies between 1766.0~1768.0. Investors who wish to go long could consider buying between 1778.0~1780.0 in the short-term and setting the stop loss below 1775.0.

Technical Analysis (EURUSD):

The price of EUR/USD (27th of April) was around 1.20847 early today. Under 1-hour-chart technical analysis, after the candlestick fluctuated slightly in the swing high yesterday (26th), it pulled back sharply. It is currently rebounding and lying between the middle and lower Bollinger Bands. The bands are facing downwards, so it is likely to continue dropping.

Currently, the short-swing upper resistance level lies between 1.21000~1.21100. The current support level lies between 1.20200~1.20300. Investors who wish to sell short could consider selling between 1.20800~1.20900 in the short-term and setting the stop loss above 1.21000.

Technical Analysis (GBPUSD):

The price of GBP/USD (27th of April) was around 1.38938 early today. Under 1-hour-chart technical analysis, after the candlestick surged to the resistance level yesterday (26th), it pulled back. It is currently rebounding and fluctuating below the middle Bollinger Band. The bands are facing downwards, so it is likely to decline again.

Currently, the short-swing upper resistance level lies between 1.39200~1.39300. The current support level lies between 1.38100~1.38200,. Investors who wish to sell short could consider selling between 1.38850~1.38950 in the short-term and setting the stop loss above 1.39050.

Technical Analysis (AUDUSD):

The price of AUD/USD (27th of April) was around 0.77998 early today. Under 1-hour-chart technical analysis, the candlestick continued rebounding after making a small retracement as predicted yesterday (26th). It is currently pulling back and lying between the middle and lower Bollinger Bands. The bands are facing downwards, so it is likely to continue falling.

Currently, the short-swing upper resistance level lies between 0.78100~0.78150. The current support level lies between 0.77600~0.77650. Investors who wish to sell short could consider selling between 0.77900~0.77950 in the short-term and setting the stop loss above 0.78050.

Technical Analysis (USOUSD):

The price of USO/USD (27th of April) was around 61.90 this morning. Under 1-hour-chart technical analysis, the candlestick rebounded from the bottom after dropping sharply yesterday (26th). 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 62.80~63.00. The current support level lies between 61.10~61.30. Investors who wish to go long could consider buying between 62.00~62.20 in the short-term and setting the stop loss below 61.80.

Technical Analysis (Nas100):

The NASDAQ (27th of April) was around 14038.9 this morning. Under 1-hour-chart technical analysis, the candlestick continued rebounding as predicted yesterday (26th). It is currently fluctuating slightly in the swing high. The Bollinger Bands are contracting, so it is likely to pullback.

Currently, the short-swing upper resistance level lies between 14070.0~14090.0. The current support level lies between 13950.0~13970.0. Investors who wish to sell short could consider selling between 14030.0~14050.0 in the short-term and setting the stop loss above 14080.0.

Economic Calendar (27th of April)

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

 TimeCurrencyDataImportance
1.11:00JPYBoJ Monetary Policy Statement  ★★★
2.11:00JPYBoJ Interest Rate Decision★★
3.18:00GBPCBI Distributive Trades Survey (Apr)
4.21:00GPBHouse Price Index (MoM) (Feb)
5.21:00USDS&P/CS HPI Composite – 20 n.s.a. (YoY) (Feb)★★
6.22:00USDCB Consumer Confidence (Apr)★★★
7.22:00USDRichmond Manufacturing Index (Apr)

(Importance: maximum three stars★★★)

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