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The FX Market 9th Apr 2021

The FX Market 9th Apr 2021

This page will give you possible forecast for Forex pairs for the day.

XAUUSD 1HR TF:

Upside still favoured. Price is currently hovering around the pivot point, now at 1748.13.
 
Resistance 3
1790.55
Resistance 2
1774.65
Resistance 1
1765.03
Pivot Point
1749.13
Support 1
1739.51
Support 2
1723.61
Support 3
1713.99
 
Medium term news for today is Producer Price Index ex Food & Energy (YoY)(Mar) coming up in the US. session at 12:30 GMT.
High impact news for today is the Canadian Unemployment Rate(Mar) coming up in the US. session at 12:30 GMT.

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EURUSD 1HR TF:

Upside still favoured. Price is currently ranging around the pivot point, now at 1.18933.
 
Resistance 3
1.2007
Resistance 2
1.1967
Resistance 1
1.194
Pivot Point
1.19
Support 1
1.1873
Support 2
1.1834
Support 3
1.1807
 
However, medium term news for today that may affect EURUSD is Producer Price Index ex Food & Energy (YoY)(Mar) coming up in the US. session at 12:30 GMT.
High impact news, critical for today is the Canadian Unemployment Rate(Mar) coming up in the US. session at 12:30 GMT.
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