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.

Check the EURUSD trend

Check the EURUSD trend

The short-term trend of the euro against the US dollar is declining. An uptrend starting at $ 1,2348 could push the EURUSD pair to the 100% Fibonacci level at $ 1,1845. EURUSD is expected to form a price floor around these levels. From the buyers' point of view, if the EURUSD crosses above the $ 1.90 resistance level, the short-term market trend will be neutralized. A break of resistance at $ 1,212 will confirm the formation of a short-term price floor. However, if the EURUSD falls below $ 1.1845, the downtrend will pave the way for the Fibonacci 38.2% correction at $ 1.1694.

EURUSD Tuesday, January 26

EURUSD Tuesday, January 26

 

The short-term trend of the euro against the US dollar is neutral. From the buyers' point of view, if the EURUSD pair crosses the above resistance level of $ 1.2222, it can continue the upward return from $ 1.2052 and be prepared to hit the price level of $ 1.2348 again. However, from the sellers' point of view, the definitive failure of the support of $ 1,2052 could indicate the entry of the currency pair into the correction phase starting from the rate of $ 1,2348. In this case, the short-term trend of EURUSD will fall to $ 1.1887 at the correction of 61.8% Fibonacci.