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Daily Market Analysis 17|04|2020: EURUSD

Intraday: Bearish * Technical Analysis * Preference: A sell is in order if price trades below 1.08480 with take profit at 1.08433 * Alternative scenario: Buy once price trades below 1.08570 with take profit at 1.08630 * Fundamentals:IMF Meetings Eur: Trade Balance Final CPI Final Core CPIUSA: CB learning Index  Comment: The greenback is currently basking in sentiments given that …

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Daily Market Analysis 16|04|2020: EURUSD

Intraday: Bullish * Technical Analysis * Preference: A Buy position is envisaged if price trades above 1.08956 with take profit at 1.09047 * Alternative scenario: A Sell position is envisaged if  price trades below 1.08783 with take profit at 1.08650 * Fundamentals:USD Unemployment Claims 1:30pm Comment: The dollar gains from yesterday quickly went sour today as data …

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Daily Market Analysis 15|04|2020: EURUSD

Intraday: Bearish * Technical Analysis * Preference: A Sell position is envisaged if trades below 1.09496 with take profit at 1.09400 * Alternative scenario: A Buy position is envisaged if price trades above 1.09545 with take profit at 1.09600 * Fundamentals:USD    Core Retail Sales m/mUSD    Retail Sales m/mUSD    Empire State Manufacturing IndexUSD    Capacity Utilization RateUSD    Industrial Production …

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