For today
R4 - 1.1245 / R3 - 1.1218 / R2 - 1.1188 / R1 - 1.1135
SPOT 1.1111
S1 - 1.1076 / S2 - 1.1014 / S3 - 1.0986 / S4 - 1.0959
BUY AT 1.1040 FOR 1.1245; STOP AT 1.0950
FXStreet ::: ECONOMICCALENDAR
TUESDAY, APR 28
AUDUSD starting the week at 0.78 & RBA Gov Glenn speech, might give strength for AUDUSD & it might continue pushing up toward reaching the important level 0.805
WEDNESDAY, APR 29
USD ::: Fed Interest Rate Decision
The Market is expecting the Fed interest rate decision to stay the same at 0.25%, & during the last 2 weeks the US Dollar been decreasing its strength letting the market correct after a long wait, & during this event, prices might continue to correct up against the US Dollar.
THURSDAY, APR 30
NZD ::: Monetary Policy Statement
NZD ::: RBNZ Interest Rate Decision
The market is expecting the interest rate decision to stay the same at 3.5% & currently NZDUSD is at 0.75 looking toward retesting 0.78 resistance level.
JPY ::: BoJ Monetary Policy Statement
JPY ::: BoJ Interest Rate Decision
Currently USDJPY is at 118.9 & this event might be its opportunity to revive the bullish momentum & again to start pushing toward 120.00 resistance level.
EUR ::: Unemployment Change (Apr)
EUR ::: Unemployment Rate s.a. (Apr)
EUR ::: Consumer Price Index (YoY) (Apr)
The market is expecting green numbers & in case that happen EURUSD might push above 1.1 resistance level & currently EURUSD is at 1.08 level.
Happy Trading,
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