April 21 Foreign Exchange Market Analysis
USDX
Resistance Position: 102.10/30
Support Location: 101.50/70
It is expected that the intraday 101.50/70-102.10/30 regional range fluctuations will be the main one
Viewpoint on the 14th: It is expected that the second two weeks of this month will rely on the support near 100.80, and the shock will rebound 102.30/103 area
Day suggestion: 101.60/70 - 102.10/30 both ends high throw low suction
Robust:101.65/70 buy (if you break 101.50, you will add positions near 101.20, and the addition part will pull back 101.50/60 out), take profit 102.00/10, after take profit is established, it will fall back 101.70/75 buy again,
Aggressive: 101.70/75 - 102.10/20 both ends sell high and buy low, biased to buy low
Strategy tracking:101.75 Buy, (stop loss is temporarily not set, break 101.50 reference day solid buy plan operation), take profit 102.10
EUR/USD :
Resistance position: 0980/1.1000 (if it breaks, it will strengthen within the day)
Support Location: 1.0900/30
It is expected that there will be repeated shocks in the 0900/30-1 0980/1.1000 range during the day
Today's strategy: high selling and low buying, of which selling on highs is the main one
USDJPY
Resistance position: 134.30/50, 134.80/135
Support Location: 133.50/70, 133.00
Expected intraday 133.50/80 - 134.30/50 regional concussion finishing
Today's strategy: sell high and buy low, fast in and out, and sell high
GBP/USD
Resistance Position: 2460/80, 2500/20
Support location: 2390/1.2400, 2340/60
It is expected that the range oscillation will be the main one in the day and yesterday, and there is the possibility of tectonic range oscillation in the wide range 2350/1.2400 -1.2460/1.2500 area.
Today's strategy: sell high and buy low, still biased towards selling high
EUR/JPY
Resistance position: 147.30/50, 147.80
Support Location: 147.00, 146.50/70
It is expected that the range will fluctuate mainly yesterday, and the reservation will fall back to 146.5 without breaking and rise again.
Monday's view: it is expected that the overall maintenance of last week's range shock recovery this week will be the main one, biased to rise and blocked after 147.80/148
Today's strategy: selling on highs
GBP/JPY
Resistance position: 167.30/50, 167.80
Support Location: 166.40/60, 165.50/166
It is expected that the range will fluctuate mainly during the day, and it will fall further after the repeated oscillations are completed
Day Strategy: Sell on highs
Please indicate the source: https://www.daoctech.com/fxnews/249.html
Disclaimer: The content of this article does not represent the views of the Institute of Foreign Exchange. The content is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk.
