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Analytics 09.04

EUR / USD

 
The currency pair EUR / USD is still trading below the moving average of MA200 for H1, but a very large number of forecasters give a forecast for growth. Although, according to the MACD indicator, a signal for the sale was drawn, it is worth noting that you need to wait for a couple more signals, both technical and indicative, to take any action, because the currency pair is currently trading in a very narrow corridor (19 points).
The pair fell from the April 6 high at 1.2290. If the consolidation of the pair continues, it will be limited.
While 1.2245 support has not been broken, the pair has opened the way to 1.2290 and 1.2310.
The breakthrough of support 1.2245 will set the pair at the low of April 6 at 1.2215.
The main support and resistance lines for today's pair: resistance: 1.2290; 1.2310; 1.2370
support: 1.2245; 1.2215; 1.2190





GBP / USD

 
On Friday, the GBP / USD currency pair demonstrated a strong recovery and can test resistance 1.4115
To date, the pair is trading above the moving average of MA200 on H1.
For today we expect:
while the level of 1.4030 limits the potential of the pair's decline, the way to 1.4115 and 1.4140 is opened to it. The decline for 1.4030 will target the pair at 1.4000 and 1.3980.
Do not forget to put S \ L. And do not forget that the GBP / USD currency pair is uptrend.
The main support and resistance lines for today's pair: resistance: 1.4115; 1.4140; 1.4200.
support: 1.4030; 1.3980; 1.3940.



USD / JPY

 
On the USD / JPY currency pair, a reversal figure of the technical analysis "double top" was drawn on Thursday and Friday of last week and, according to the technique, the currency pair "must" return to the moving average of MA200 for H1 and punch it down. Accordingly, despite the fact that last week almost always in the market bulls were the main ones, today the situation can change. Although the indicator MACD on H1 is a signal to buy (signal line came out of the body histogram).
While the pair is trading below 107.25, the way to 106.55 and 106.10 is open to it.
A break above 107.25 will target the pair at 107.50 and 107.75.
Do not forget that globally for today, the trend for the pair is still descending. So be careful with shopping. Do not forget to minimize your risks (S / L).
The main support and resistance lines for the pair today:
resistance: 107.25; 107.50; 107.75
support: 106.55; 106.10; 105.70