บทที่ 24 Market Analysis Articles April 28
Market Analysis 28th April 2023
EURUSD
EURUSD moved lower on Thursday as expected and able to break our support level at 1.1042. EURUSD currently running at 1.1033.
At the time of writing, the four-hour Stochastic indicator is moving in the middle, and the price is now moving just ABOVE the 20-period moving average. We are expected a slightly higher EURUSD for today to try reaching our next resistance level at 1.1051.
Resistance: 1.1051, 1.1073
Support: 1.1015, 1.0986
GOLD
Gold fall on Thursday and break below our support level at $1,988. Gold currently is running at $1,985.
At the time of writing, the four-hour Stochastic indicator is moving in the middle. The price is moving BELOW the 20-period moving average. We expect that Gold still consolidating between our support and resistance level. Gold range is between $1,974 and $2,002.
Resistance: $1,992, $2,002
Support: $1,982, $1,974
GBPUSD
GBPUSD were moving higher on Thursday as expected and able to reach near our resistance level at 1.2502. Currently, GBPUSD is trading at 1.2496.
As of this writing, the four-hour Stochastic indicator is moving strongly higher entering the overbought level. The price is now moving ABOVE the 20-period moving average. We expect GBPUSD to move higher for today and try to break our resistance level at 1.2502.
Resistance: 1.2502, 1.2525
Support: 1.2468, 1.2437
SPXUSD
SPXUSD able to reach our support level at 4049 on Thursday, but the goes higher and break our resistance levels at 4092. SPXUSD currently is running at 4130.
As of this writing, the four-hour Stochastic indicator is moving inside the overbought level, and the price is moving ABOVE the 20-period moving average. We expect that SPXUSD might to move back lower and reach our next support level at 4112.
Resistance: 4140, 4157
Support: 4112, 4092
USOUSD
USOUSD (WTI) moves flat on Thursday but able to reach our support level at 74.06. Currently USOUSD is trading at 74.61.
As of the time of writing, the four-hour Stochastic indicator is moving in the middle, and the price is moving BELOW the 20-period moving average. We expect that USOUSD to continue to move slightly lower and reach below our support level at 74.06.
Resistance: 75.77, 76.94
Support: 74.06, 72.73
Key event for the day:
JPY Tokyo Core CPI y/y
JPY BOJ Outlook Report
JPY Monetary Policy Statement
EUR German Prelim CPI
JPY BOJ Press Conference
CAD Gross Domestic Product
USD Core PCE Price Index
USD Employment Cost Index