empty
 
 
Chystáte sa opustiť
www.instaforex.eu >
webovú stránku, ktorú prevádzkuje
INSTANT TRADING EU LTD
Otvoriť účet

20.04.202113:30 Forex Analysis & Reviews: Technical analysis recommendations for EUR/USD and GBP/USD on April 20

Tieto informácie poskytujeme retailovým a profesionálnym klientom ako súčasť marketingovej komunikácie. Neobsahujú investičné poradenstvo, investičné odporúčania, ponuku ani výzvu na vykonanie transakcie alebo použitie stratégie na finančných nástrojoch a ani by sa tak nemalo s nimi zaobchádzať. Minulá výkonnosť nie je zárukou ani predikciou budúceho výkonu. Spoločnosť Instant Trading EU Ltd. neručí a nepreberá žiadnu zodpovednosť za správnosť a úplnosť poskytovaných informácií ani za stratu, ktorá by vyplynula z akejkoľvek investície založenej na analýze, predpovedi alebo iných informáciách poskytnutých zamestnancom spoločnosti alebo iným spôsobom. Celé vylúčenie zodpovednosti nájdete tu.

EUR/USD

Exchange Rates 20.04.2021 analysis

Bullish traders continue to rise. In April, they managed to recover almost everything that was lost in March. Currently, the zone of upward targets – 1.2064 (weekly Fibo Kijun) - 1.2092 (daily Senkou Span B) is being tested. The breakdown of these levels and a consolidation above it will allow us to consider new prospects. In such a case, the pivot points will be the maximum extremes of the previous movement (1.2243-1.2349) as well as the upward target for the breakdown of the daily Ichimoku cloud. If there are changes in the current mood, then we can note the nearest support set at 1.2007 (lower limit of the daily cloud) and around the level of 1.1976 (accumulation of levels of different time frames).

Exchange Rates 20.04.2021 analysis

At the moment, all analyzed technical instruments in the smaller time frames support the bulls, who continue to develop an upward trend. The intraday upward targets are seen at 1.2075 - 1.2114 - 1.2180 (resistances of classic pivot levels, while the key H1 levels currently act as supports and combine their efforts in the area of 1.2009 (central pivot level) and 1.1980 (the weekly long-term trend). A sharp consolidation below can change the current balance of power.

GBP/USD

Exchange Rates 20.04.2021 analysis

Yesterday, the bulls managed to show a rare activity and performance for the last time. As a result, the resistance zone of 1.3955 (weekly short-term trend) - 1.4002 (upper limit of the monthly cloud) is being tested. The breakdown of the met borders and a reliable consolidation above will allow us to form and identify new upward pivot points, among which the daily target for a cloud breakout, the restoration of the monthly upward trend (1.4240) and the prospects for a monthly target for a cloud breakout can be noted. Now, the attraction and influence are provided by the encountered levels (1.3955-1.4002). The next support can also be provided by the daily levels. The nearest cloud and cross are located at 1.3928-1.3879.

Exchange Rates 20.04.2021 analysis

The current key advantage in the smaller time frames is in the bulls' side. Today, their intraday upward targets are located at 1.4046 - 1.4111 - 1.4229 (classic pivot levels). On the other hand, the key H1 levels provide opportunities for the development of a downward correction. They can be noted at 1.3928 (central pivot level) and 1.3822 (weekly long-term trend), while the nearest support is set at 1.3863 (S1).

***

Ichimoku Kinko Hyo (9.26.52) and Kijun-sen levels in the higher time frames, as well as classic Pivot Points and Moving Average (120) on the H1 chart are used in the technical analysis of the trading instruments.

Evangelos Poulakis
Analytical expert of InstaForex
© 2007-2024

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.




Teraz opúšťate stránku www.instaforex.eu, ktorá patrí spoločnosti INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.

Turn "Do Not Track" off