Important Trading Opportunities for Currency Pairs - 11 April 2019
During Thursday's session, markets and investors in the FX market will watch the reaction for the announcement of the postponement of the Brexit till the end of October in an attempt by both parties to find a better formula for an agreement between them rather than an anarchic outburst that harms both sides. The economic calendar will focus on US economic data; the Producer Price Index and Unemployment Claims.
Following, we will review together the most important trading opportunities for the sale or purchase of the most important pairs of currencies and gold, which may occur during today’s trading based on the expected events and economic data:
The most important buying levels: buy the GBP / USD pair from 1.3025 with the target at 1.3265 and he stop at 1.2965.
Buy the EUR / AUD pair from 1.5680 and target 1.6000 and stop at 1.5600.
Buy The USD / CAD pair at 1.3275 and target 1.3500. The stop at 1.3200.
Buy gold from level 1293, target 1322 and the stop at 1286.
The most important selling levels: Selling the AUD/USD from the 0.7200 level and target 0.7000 and the stop at 0.7265.
Sell the USD/CHF from 1.0090 and target 0.9945 and the stop at 1.0135.
Sell the EUR / USD from 1.1365, target 1.1170, and the stop at 1.1400.
Sell the GBP / USD from 1.3200, target 1.3000 and the stop at 1.3285.