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20.04.2020: Forex Analysis & Reviews: Trading plan for EUR/USD and GBP/USD for April 20, 2020

Signals for the EUR/USD pair:

The euro is likely to grow to 1.0964 and 1.1040, if the pair breaks through the level of 1.0905.

A breakthrough at 1.0857 can lead to the sell-off of the euro at 1.0814 and 1.0770.

Signals for the GBP/USD pair:

If the pair breaks through the level of 1.2512, the pound can rise to 1.2573 and 1.2632.

A breakthrough at 1.2462 is likely to lead to the sell-off of the pound at 1.2408 and 1.2294.

Fundamental data:

Germany's production price index and eurozone's foreign trade surplus data are set for release today.

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2024
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