DELKOS BREAKING NEWS: 75% probability that USDCAD will trend up for the next few hours.
The latest US Existing Home Sales number has been released as 5.21M.
Market Analysis
Trade of the Day: AUD/CAD
By: Dima Chernovolov AUD/CAD continues to fall inside the daily Up Channel chart pattern which was recently identified by Autochartist.
DELKOS 75% probability that EURUSD will trend down on Monday 22 Apr at 02:00 PM GMT if the US Existing Home Sales number is greater than 5.31M.
This Monday 22 Apr at 02:00 PM GMT the latest US Existing Home Sales number will be released.
Monday 22nd April: Weekly technical outlook and review.
EUR/USD:
Weekly gain/loss: -0.52%
Weekly close: 1.1240
Weekly perspective:
Overall it was a downbeat week for the shared currency, concluding trade closer to the lower end of the week’s 1.1323-1.1226 range.
Trade of the Day: EUR/CHF
By: Dima Chernovolov
EUR/CHF continues to fall inside the hourly Triangle chart pattern which was recently identified by Autochartist.
DELKOS BREAKING NEWS: 71.42% probability that USDCAD will trend down for the next few hours.
The latest US Housing Starts number has been released as 1.139M.
DELKOS 71.42% probability that EURUSD will trend up on Friday 19 Apr at 12:30 PM GMT if the US Housing Starts number is less than 1.300M.
This Friday 19 Apr at 12:30 PM GMT the latest US Housing Starts number will be released.
Friday 19th April: Thin trading volume likely ahead as banks close in observance of Good Friday and Easter Monday.
EUR/USD:
The single currency ceded ground to the dollar Thursday, following sour IHS Markit PMI surveys.
DELKOS BREAKING NEWS: 80% probability that USDJPY will trend up for the next few hours.
The latest JP Inflation Rate YoY number has been released as 0.5%.
DELKOS BREAKING NEWS: 70% probability that EURUSD will trend down for the next few hours.
The latest US Continuing Jobless Claims number has been released as 1.653M.