Daily Technical analysis for April 28, 2021
EUR/USD
Current level – 1.2079
At the time of writing, we are seeing the EUR/USD entering a consolidation phase after the bears initially managed to limit the upward movement to the level of resistance at 1.2113, thus it is possible to witness a minor sell-off towards 1.2046. Looking at the higher time frames, however, we see that the sentiment remains positive – for an upward move towards 1.2200. Today, the main economic news that may boost volatility is the data on the Fed interest rate decision for the U.S. (18:00 GMT) and the follow-up FOMC press conference at 18:30 GMT.
![](https://dayfinanceltd.com/wp-content/uploads/2021/04/11-19.png)
USD/JPY
Current level – 108.82
From the beginning of today’s trading session, the bulls managed to gain additional momentum and breach the resistance level at 108.79. At the moment, it is still too early to consider the breach as confirmed, but the expectations are positive – for an appreciation of the dollar against the yen and an attack at the level of around 109.73. If, however, the bears manage to limit the upward movement to around the current levels, it is very likely that we will witness the formation of a further range movement in the channel between 107.98 – 108.79.
![](https://dayfinanceltd.com/wp-content/uploads/2021/04/22-21.png)
GBP/USD
Current level – 1.3878
The Cable has begun the formation of a range movement in the 1.3834 – 1.3920 channel, and only a breach of either boundary of the range would determine the future movement of the currency pair. However, in the upward direction, a breach of the upper limit of the range alone will not be enough due to the major psychological resistance at 1.4000. On the other hand, a breach of the lower limit of the range may lead to a serious deepening of the sell-off towards the next support zone at 1.3766, followed by that at 1.3667.
![](https://dayfinanceltd.com/wp-content/uploads/2021/04/33-19.png)
Gold price faces negative pressure
![](https://dayfinanceltd.com/wp-content/uploads/2021/04/44-18-1024x476.png)
Gold price trades negatively to break the bullish channel’s support line and settles below it, which urges caution from the upcoming trading, as the price needs to step above 1785.00 to confirm the continuation of the recently suggested bullish trend, which targets 1800.00 followed by 1838.00 as next main stations.
Note that breaking 1774.00 followed by 1765.00 levels will stop the expected rise and put the price under additional negative pressure that will turn the trend to decline and visit 1735.00 areas initially.
The expected trading range for today is between 1760.00 support and 1800.00 resistance.
The expected trend for today: Bullish
Source: Technical analysis
Comments (37)
… [Trackback]
[…] Read More on to that Topic: dayfinanceltd.com/daily-technical-analysis-for-april-28-2021/ […]
… [Trackback]
[…] Here you will find 58341 additional Information on that Topic: dayfinanceltd.com/daily-technical-analysis-for-april-28-2021/ […]
… [Trackback]
[…] Find More here on that Topic: dayfinanceltd.com/daily-technical-analysis-for-april-28-2021/ […]
… [Trackback]
[…] Read More Info here on that Topic: dayfinanceltd.com/daily-technical-analysis-for-april-28-2021/ […]
… [Trackback]
[…] Read More Information here on that Topic: dayfinanceltd.com/daily-technical-analysis-for-april-28-2021/ […]
… [Trackback]
[…] Read More Info here to that Topic: dayfinanceltd.com/daily-technical-analysis-for-april-28-2021/ […]
… [Trackback]
[…] There you can find 88476 more Info to that Topic: dayfinanceltd.com/daily-technical-analysis-for-april-28-2021/ […]
… [Trackback]
[…] Find More on that Topic: dayfinanceltd.com/daily-technical-analysis-for-april-28-2021/ […]
… [Trackback]
[…] Find More to that Topic: dayfinanceltd.com/daily-technical-analysis-for-april-28-2021/ […]
… [Trackback]
[…] There you will find 6694 more Information to that Topic: dayfinanceltd.com/daily-technical-analysis-for-april-28-2021/ […]
… [Trackback]
[…] Find More here to that Topic: dayfinanceltd.com/daily-technical-analysis-for-april-28-2021/ […]
… [Trackback]
[…] Read More to that Topic: dayfinanceltd.com/daily-technical-analysis-for-april-28-2021/ […]
… [Trackback]
[…] Read More Information here to that Topic: dayfinanceltd.com/daily-technical-analysis-for-april-28-2021/ […]
… [Trackback]
[…] Find More to that Topic: dayfinanceltd.com/daily-technical-analysis-for-april-28-2021/ […]
I agree with your point of view, your article has given me a lot of help and benefited me a lot. Thanks. Hope you continue to write such excellent articles.
… [Trackback]
[…] Find More on that Topic: dayfinanceltd.com/daily-technical-analysis-for-april-28-2021/ […]
… [Trackback]
[…] Here you will find 35015 more Info to that Topic: dayfinanceltd.com/daily-technical-analysis-for-april-28-2021/ […]
vwtlxxatc mpkfx sxhddbf fdpa jiefhwytendcska
882214 630135have to do initial? Most entrepreneurs are so overwhelmed with their online business plans that 834148
32185 723934Typically I try and get my mix of Vitamin E from pills. While Id genuinely like to via a great meal program it can be rather hard to at times. 579174
You have noted very interesting details! ps decent web site.
A big thank you for your blog.Really looking forward to read more. Want more.
I truly appreciate your technique of writing a blog. I added it to my bookmark site list and will
Nice post. I learn something totally new and challenging on websites Watch bbcpersian com
So great to find someone with some original thoughts on this topic. Really..
Thank you for starting this up. This website is something that is needed on the internet someone with a little originality!
Hi there to all for the reason that I am genuinely keen of reading this website s post to be updated on a regular basis. It carries pleasant stuff.
This was beautiful Admin. Thank you for your reflections.
You have noted very interesting details! ps decent web site. dubai horse race
Scrap metal yard Scrap aluminium import restrictions Aluminum scrap recycling
Metal reclaiming services, Scrap aluminum cable types, Scrap metal melting
Scrap metal warehousing Metal waste reclaimer Iron scrap repurposing
Ferrous metal recycling industry insights, Iron repurposing center, Metal waste recycle yard
Metal waste reclaiming and processing Ferrous material industrial collaboration Iron reprocessing
Ferrous metal recycling solutions, Iron recycling and reclaiming solutions, Metal reuse operations
Scrap metal regenerating solutions Ferrous material recycling protocols Scrap iron reprocessing
Ferrous waste reclamation yard, Iron scrap recovery, Recycling yard management
Scrap metal collectors Ferrous scrap recollection Iron waste recycling plant
Ferrous material recycling analysis, Iron scrap dismantling services, Metal salvage depot
Metal waste reclaiming and processing Ferrous material recycling industry updates Iron scrap analysis
Ferrous metal exports, Iron and steel recycling plant, Metal scrap sorting
ラブドール 激安 The most important thing when buying wm doll is to make sure it’s legal and not from fraudulent sites. If you want to ensure the quality of your doll, it’s best to avoid s
медцентр здорового образа жизни купить медицинскую справку задним числом сделать медицинскую справку задним числом в Москве