Trading offers of Trading Central site Forex market - Tuesday, April 13

Trading offers of Trading Central site  Forex market - Tuesday, April 13

 Euro / US dollar

Offer: sell below point 1.2020 with first profit tick 1.1870 and second profit tick 1.1860
Alternative offer: (If the price trend changes) When the price penetrates above 1.2020, the price first starts moving towards 1.1940 and 1.1960.

 

British Pound / US Dollar

Offer: Sales below 1.3765 with a first profit tick of 1,3705 and a second profit tick of 1,3685
Alternative offer: (In case of price trend change) When the price penetrates above 1.3765, the price first starts moving towards 1.3780 and 1.3800.

US Dollar / Japanese Yen

Offer: Trading below 109.55 with a first profit tick of 109.00 and a second profit tick of 108.75
Alternative offer: (If the price trend changes) When the price penetrates above 109.55, the price first starts moving towards 109.75 and 109.95.

US Dollar / Swiss Franc

Offer: Buy point above 0.9215 with the first check tick of 0.9270 and the second check tick of 0.9290
Alternative offer: (If the price trend changes) When the price penetrates below 0.9215, the price first starts moving towards 0.9200 and 0.9185.

Australian dollar / US dollar

Offer: sell below 0.7635 with a first profit tick of 0.7590 and a second profit tick of 0.7570
Alternative offer: (In case of price trend change) When the price penetrates above 0.7635, the price first starts moving towards 0.7660 and 0.7680.

US Dollar / Canadian Dollar

Offer: Buy a deal above the point of 1. 2565 with the first profit tick of 1.2635 and the second profit tick of 1.2650
Alternative offer: (In case of price trend change) When the price penetrates below 1.2565, the price first starts moving towards 1.2535 and 1.2520.

Check the GBPUSD trend

Check the GBPUSD trend

The short-term trend of the British pound against the US dollar is down, and the correction can continue until the 38.2% Fibonacci correction at the rate of $ 1,3642. These levels are expected to turn supportive and the GBPUSD currency pair to return upwards. From the buyers' point of view, if the GBPUSD crosses the above resistance level of $ 1,44016, the pair will be ready to hit $ 1,440 again.

Weekly Analysis: Will USDJPY reach the bottom of the downtrend channel?

Weekly Analysis: Will USDJPY reach the bottom of the downtrend channel?

In late 2016, the USDJPY entered the long-term bearish channel after hitting 118.66 and fell to the bottom of the channel at 101.18. Also, from early July 2020 to January 29, the USDJPY entered a medium-term downtrend channel in which the pair moved to a moving average after breaking the channel ceiling. USDJPY is supported by the 105.00 trend rate and has reached the partial resistance of 106.75 after breaking the average of 50.
In this week's trading, if the USDJPY faces buying pressures and crosses the above resistance level of 106.75, the market will move up to the long-term average of 200 at the trend level of 108.00 and then the long-term downtrend channel.

GBPUSD Wednesday, February 24

GBPUSD Wednesday, February 24

The GBPUSD pair continues to move higher and GBPUSD has reached the level of $ 1.4240. The definite failure of the canal ceiling has intensified the upward movements of the market. The short-term trend of the pound against the US dollar is up to the long-term resistance of $ 1.4376. The definitive break of this resistance will pave the way for GBPUSD to move 100% Fibonacci at $ 1.4748. In the eyes of traders, if the pair crosses below the partial support of $ 1,4053, the short-term GBPUSD trend will be neutralized.

Economic calendar Thursday, February 11

Economic calendar Thursday, February 11