Forecasts & Analysis

Based on the early price action and the current price at 1.0799, the direction of the EUR/USD is likely to be determined by trader reaction to the short-term Fibonacci level at 1.0831.

After a continuous decline, the major currency pair is reaching stability early in the new April week; it is trading at 1.0810.

After trading in a range for much of last week, the GBP/USD eventually broke lower on Friday and is seen testing the breakout point in early trading on Monday.

Based on the early price action and the current price at $27.18, the direction of the May WTI crude oil market the rest of the session on Monday is likely to be determined by trader reaction to the downtrending Gann angle at $27.70 and the 50% level at $27.99.

After declining for five straight sessions, EUR/USD is seen trading sideways in a narrow range above support at 1.0800 to start the new week.

The price action the past two session suggests the short-term direction of the June E-mini Dow Jones Industrial Average is being controlled by an uptrending Gann angle at 20646.

Cryptocurrencies can hit a boom any time of the day, any time of the week. This makes them just great for day trading.

This week has begun with plenty of optimism across the markets. The coronavirus curve is starting to flat out across Europe with many countries which were hit the hardest reporting lower cases and deaths over the past few days.

The world markets start the week with growth on the background of signs of stabilization of COVID-19 spreading rates.

Based on the early price action and the current price at .6050, the direction of the AUD/USD the rest of the session on Monday is likely to be determined by trader reaction to the uptrending Gann angle at .5990. This angle provided support earlier in the session.