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    April 24 Foreign Exchange Market Analysis

    USDX

    Resistance Position: 102.00/20

    Support Location: 101.50/60

    It is expected that the intraday 101.50/70-102.00/10 regional range fluctuations will be the main one

    It is expected that the overall 101.50/60-102.10/30 area will be subject to repeated shocks this week

    Day suggestion: 101.50/70 - 102.10/20 both ends high throw low suction

    Robust:

    Aggressive: 101.50/70 -102.10 Both ends sell high and buy low, biased to buy dips

    101.60/65 buy, take profit around 102.00, after take profit fell back around 101.70 buy again,

    102.10 Sell, Take Profit 101.65/75

    Strategy tracking:

    EUR/USD :

    Resistance position: 1.1000 (up or stronger during the day), 1.1030/50

    Support Location: 1.0960/70, 1.0930/40, 1.0900

    It is expected that there will be repeated shocks in the range of 0900/30-1

    Today's strategy: high selling and low buying, of which selling on highs is the main one

    USDJPY

    Resistance Position: 134.40/50, 135.00/30 (Strong resistance this week)

    Support location: 133.50/60, 132.80/133 (strong support this week)

    Expected intraday 133.50/60 - 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, 2520/50

    Support location: 2420/30, 2370/90

    Tectonic Interval Oscillation in 2370/90-1 2460/1.2500 Area

    Today's strategy: sell high and buy low, fast in and out

    EUR/JPY

    Resistance Position: 147.50, 147.80/148, 148.30/50

    Support Location: 146.90/147, 146.30/50

    It is expected that the daily and Friday range will be dominated by fluctuations

    Monday's view: it is expected to maintain the range shock last week as a whole this week, retaining the expectation that it will rise again and be blocked after 147.80/148

    Today's strategy: sell high and buy low, fast in and out, and sell high

    GBP/JPY

    Resistance position: 166.90/167, 167.30/50

    Support Location: 166.30/40, 165.50/80

    It is expected that the daily and Friday range will be dominated by fluctuations

    It is expected to maintain the range fluctuation last week as a whole this week

    Day strategy: sell high and buy low, fast in and out, and sell on highs

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    Please indicate the source: https://www.daoctech.com/fxnews/256.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.