Daily trading analysis 08 April 2022 - Find current and future trends with analysts


 

 

 

 

 

 

Here's today's directional view from Trading Central's global research analysis! This is a starting point for starting your own analysis to identify opportunities that make sense to you. As seen? Feel free to share this with friends!


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Please note that due to market volatility, some key levels may have been reached and scenarios executed.



  • USD/CAD intraday: strength dominates.


  • USD/CAD

 Pivot point (cancellation rate) : 1.2520

Our preference: long positions above : 1.2520 target : 1.2580 & 1.2600 within the range.

Alternative scenario: below : 1.2520 the next downside target is towards : 1.2500 & 1.2480.

Technical note: a decline above : 1.2520 is a positive signal opening the way to : 1.2580.

Support and Resistance:

  • 1.2620
  • 1.2600
  • 1.2580
  • 1.2553 Last Price
  • 1.2520
  • 1.2500
  • 1.2480

 


 

 

 

 

  •  Intraday AUD/USD: decline predominates.

 


  • AUD/USD

 Pivot point (cancellation rate) : 0.7540

Our preference: short positions below : 0.7540 with targets : 0.7470 & 0.7440 in the range.

Alternative scenario: above : 0.7540, the next upside targets are :0.7565 & 0.7590.

Technical description: technically the RSI is below its neutral area at 50.

Support and Resistance:

  • 0.7590
  • 0.7565
  • 0.7540
  • 0.7495 Last Price
  • 0.7470
  • 0.7440
  • 0.7410

 


 

 


 

 

 

 

  •  USD/JPY intraday: watch 123.50.
  • USD/JPY
Pivot point (cancellation rate) : 123.90

Our preference: short positions below : 123.90 with targets : 123.50 & 123.30 within the range.

Alternative scenario: above : 123.90, next upside targets are : 124.05 & 124.20.

Technical note: a drop below : 123.50 will trigger a decline towards : 123.30.

Support and Resistance:
  • 124.20
  • 124.05
  • 123.90
  • 123.63 Last Price
  • 123.50
  • 123.30
  • 123.10


 

 

 

  •  GBP/USD intraday: rebound expectations.

 


  • GBP/USD

 Pivot point (cancellation rate) : 1.3055

Our preference: long positions above : 1.3055 target : 1.3090 & 1.3110 within the range.

Alternative scenario: below : 1.3055 next downside target towards : 1.3035 & 1.3020.

Technical description: RSI needs a rebound.

Support and Resistance:

  • 1.3130
  • 1.3110
  • 1.3090
  • 1.3078 Last Price
  • 1.3055
  • 1.3035
  • 1.3020

 

 

 

 

 

  •  EUR/USD intraday: rebound expectations.

 


  • EUR/USD

 Pivot point (cancellation rate) : 1.0890

Our preference: long positions above : 1.0890 target : 1.0920 & 1.0940 within the range.

Alternative scenario: below : 1.0890 then the next downside target is towards : 1.0875 & 1.0860.

Technical description: RSI needs a rebound.

Support and Resistance:

  • 1.0955
  • 1.0940
  • 1.0920
  • 1.0912 Last Price
  • 1.0890
  • 1.0875
  • 1.0860

 


 

 

 


 

 

 

RISK WARNING ON TRADE.!!!

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