บทที่ 18 Market Analysis Articles April 20
Market Analysis 20th April 2023
EURUSD
EURUSD moves slightly lower on Wednesday and able to break our support level at 1.0966. EURUSD currently running at 1.0951.
At the time of writing, the four-hour Stochastic indicator is moving in the middle, and the price is now moving just below the 20-period moving average. We are expected a slightly lower EURUSD for today to reach our support level at 1.0923.
Resistance: 1.0975, 1.1026
Support: 1.0923, 1.0877
GOLD
Gold fell below $2,000 on Wednesday and able to fall as low as $1,963. Gold currently is running at $1,993.
At the time of writing, the four-hour Stochastic indicator is moving higher in the middle. The price is moving below the 20-period moving average. We expect that Gold might try to move back higher to reach above the $2,000 level.
Resistance: $2,003, $2,020
Support: $1,990, $1,975
GBPUSD
GBPUSD moves in consolidation on Wednesday able to reach both our support and resistance levels on the day. Currently, GBPUSD is trading at 1.2427.
As of this writing, the four-hour Stochastic indicator is moving in the middle. The price is now moving above the 20-period moving average. We expect GBPUSD to move higher for today and try to reach the next resistance level at 1.2467.
Resistance: 1.2467, 1.2502
Support: 1.2401, 1.2355
SPXUSD
SPXUSD still move in consolidation and able to reach both our support and resistance levels on Wednesday. SPXUSD currently is running at 4141 just above our support level at 4136.
As of this writing, the four-hour Stochastic indicator is moving in the middle, and the price is moving just below the 20-period moving average. We expect that SPXUSD will still moving in consolidation and move between our support and resistance level.
Resistance: 4157, 4176
Support: 4136, 4107
USOUSD
USOUSD (WTI) moves slightly lower on Wednesday and able to break our support level at 79.35. Currently USOUSD is trading at 78.83.
As of the time of writing, the four-hour Stochastic indicator is moving just around the oversold level. We expect that USOUSD to move slightly lower and reach our support level at 78.18.
Resistance: 79.41, 81.19
Support: 78.18, 76.08
Key events for today:
NZD Consumer Price Index
AUD RBA Gov Lowe Speaks
USD Unemployment Claims
CAD BOC Gov Macklem Speaks