empty
in
खोज
सहायता
तुरंत खाता खोलना
ट्रेडिंग प्लेटफॉर्म
जमा/ निकासी
खोज
नए लोगों के लिए ट्रेडर्स के लिए पार्टनर्स के लिए एक ब्रेक ले लें About InstaSpot
in
For Traders
विदेशी मुद्रा विश्लेषण
Trading plan

04.04.202413:12 विदेशी मुद्रा विश्लेषण और समीक्षा: EUR/USD and GBP/USD: trading plan for beginners on April 4

Details of economic calendar on April 4

Preliminary data on inflation in the eurozone was published on Wednesday. The annual CPI showed a slowdown from 2.6% in February to 2.4% in March. During the American session, The ADP employment report was published. The US private sector added 184K jobs, while analysts had projected an increase of 125K. In addition, Jerome Powell made a statement that the Federal Reserve has enough time to analyze macroeconomic data before deciding on a possible rate cut. All these factors pointed to the inevitable strengthening of the dollar. However, unexpectedly traders began opening short positions on the US dollar. This sell-off is difficult to explain, but we can assume that there was a large-scale flow of capital from the US dollar to the euro. Such actions could only be carried out by a limited number of investment funds and banks.

Overview of technical charts on April 3

The EUR/USD pair suddenly climbed above the level of 1.0840 as a result of inertial speculative movement, which contradicts the logic of fundamental analysis. From a technical point of view, it is possible that long positions were strengthened at the time of the breakout of 1.0800 from the bottom up.

A similar situation is observed in the GBP/USD pair. The upward inertial cycle led to a breakout of the 1.2600 level, reinforcing long positions. This caused a sharp burst in speculative activity, causing the price to rise above 1.2650.

Exchange Rates 04.04.2024 analysis

Economic calendar on April 4

Today, data on producer prices in the EU is due to be published. The rate of decline in factory inflation is expected to slow from -8.6% to -8.3%. If the inflationary process begins to stabilize, this may convince the market that the European Central Bank will be the first to start cutting interest rates. Based on fundamental analysis, these statistics indicate prospects for the weakness in the European currency.

Trading plan for EUR/USD on April 4

In the current situation, the euro is clearly overbought, which could lead to a slowdown in the ascending cycle with the possible formation of a pullback. However, if inertia continues, overbought signs may be ignored by speculators. In this case, the inertial movement may continue in the direction of the 1.0900 level.

Exchange Rates 04.04.2024 analysis

Trading plan for GBP/USD

Even though the market is overbought, an inertial movement is still going on, in which technical analysis may not work. In this case, the expected pullback to the level of 1.2600 may give way to a new bullish sequence.

Exchange Rates 04.04.2024 analysis

What's on charts

The candlestick chart type consists of graphic rectangles in white and black with lines at the top and bottom. With a detailed analysis of each individual candle, you can see its characteristics relative to a particular timeframe: opening price, closing price, maximum and minimum price.

Horizontal levels are price coordinates relative to which a price may stop or revered its trajectory. In the market, these levels are called support and resistance.

Circles and rectangles are highlighted examples where the price developed. This color highlighting indicates horizontal lines that may put pressure on the price in the future.

Up/down arrows are guidelines for a possible future trajectory.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

Gven Podolsky,
Analytical expert of InstaSpot
© 2007-2025
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

See Also

विदेशी मुद्रा विश्लेषण और समीक्षा
सभी एनालिटिक्स
Stock Markets
Hot forecast
Trading plan
Crypto-currencies
Trend line
Video analytics
Instrument:
EURUSD
GBPUSD
USDCHF
USDCAD
USDJPY
AUDUSD
GBPJPY
EURGBP
EURJPY
NZDUSD
EURNZD
Silver
Gold
#USDX
COVID-19
Bitcoin
फोटो समाचार
सभी फोटो समाचार
फोरेक्स न्यूज़
  • 2025-04-06 06:49:23
    European Stocks Tumble 5% Led by Banks
    त्वरित शो
    2025-04-06 06:49:23
    US Stock Sell-Off Worsens Amid Escalating Trade War
    त्वरित शो
    2025-04-06 06:49:23
    Gold Prices Fall More than 2%
    त्वरित शो
    2025-04-06 06:49:23
    Week Ahead - Apr 7th
    त्वरित शो
    2025-04-06 06:49:23
    Nickel Futures Fall to Over 4-1/2-Year Low
    त्वरित शो
    2025-04-06 06:49:23
    Wheat Hits 1-Month Low
    त्वरित शो
    2025-04-06 06:49:23
    Soybeans Slide as China Retaliates with Tariffs
    त्वरित शो
    2025-04-06 06:49:23
    Mexico Consumer Morale Falls to 2023-Lows
    त्वरित शो
    2025-04-06 06:49:23
    Baltic Dry Index Extends Slide Into 9th Day
    त्वरित शो
    2025-04-06 06:49:23
    Canada 10-Year Bond Yield Near 2-Year Lows
    त्वरित शो
  • 2025-04-06 06:49:23
    FDI Into Vietnam Rises 7.2% in Q1
    त्वरित शो
    2025-04-06 06:49:23
    Vietnam Trade Surplus Narrows in March
    त्वरित शो
    2025-04-06 06:49:23
    Vietnam Tourist Arrivals Rise 28.5% YoY in March
    त्वरित शो
    2025-04-06 06:49:23
    Vietnam Inflation Rate Accelerates to 3.13%
    त्वरित शो
    2025-04-06 06:49:23
    Vietnam Retail Sales Grow the Most in 22 Months
    त्वरित शो
    2025-04-06 06:49:23
    Vietnam GDP Growth Weakest in A Year
    त्वरित शो
    2025-04-06 06:49:23
    Vietnam Industrial Output Growth Eases Sharply
    त्वरित शो
    2025-04-06 06:49:23
    Colombian producer inflation continues to fall in March
    त्वरित शो
    2025-04-06 06:49:23
    TSX Tumbles to Near 8-Month Low
    त्वरित शो
    2025-04-06 06:49:23
    Speculative Net Positions on NZD Worsen to -45.0K, Marking Continued Investor Pessimism
    त्वरित शो
  • 2025-04-06 06:49:23
    Japanese Yen Speculative Net Positions Show Slight Decline as of April 2025
    त्वरित शो
    2025-04-06 06:49:23
    Brazil's Net Speculative Positions on BRL Contracts Decline to 37K, CFTC Reports
    त्वरित शो
    2025-04-06 06:49:23
    Australian Dollar Faces Increased Speculative Pressure as Net Positions Dive to -75.9K
    त्वरित शो
    2025-04-06 06:49:23
    Swiss Franc Speculative Positions Deepen as Net Short Hits Historic Low
    त्वरित शो
    2025-04-06 06:49:23
    Speculative Positions in Mexican Peso Decline: CFTC Reports
    त्वरित शो
    2025-04-06 06:49:23
    Canadian Dollar Sees Narrower Speculative Bets as Traders Reassess Positions
    त्वरित शो
    2025-04-06 06:49:23
    Speculative Market Turns Bearish: CFTC Wheat Net Positions Sink Further in April
    त्वरित शो
    2025-04-06 06:49:23
    Soybean Speculators Show Renewed Optimism as Net Positions Improve Significantly
    त्वरित शो
    2025-04-06 06:49:23
    Silver Speculators Pull Back as CFTC Reports Decline in Net Positions
    त्वरित शो
    2025-04-06 06:49:23
    S&P 500 Speculative Net Positions Swing to Negative as Investors Turn Bearish
    त्वरित शो
  • 2025-04-06 06:49:23
    CFTC Natural Gas Speculative Positions Show Modest Improvement
    त्वरित शो
    2025-04-06 06:49:23
    Nasdaq 100 Speculative Net Positions Plummet to 15.2K, Confidence Wanes
    त्वरित शो
    2025-04-06 06:49:23
    Gold Speculative Positions Decline as Market Uncertainty Looms
    त्वरित शो
    2025-04-06 06:49:23
    U.S. CFTC Crude Oil Speculative Net Positions Dip to 167.7K
    त्वरित शो
    2025-04-06 06:49:23
    CFTC Corn Speculative Positions Decline to 166.9K in April
    त्वरित शो
    2025-04-06 06:49:23
    Copper Speculative Net Positions Surge Amidst Global Economic Shifts
    त्वरित शो
    2025-04-06 06:49:23
    Shift in Speculative Tides: Aluminium Net Positions Fall in the US
    त्वरित शो
    2025-04-06 06:49:23
    Euro Speculative Net Positions Decline as CFTC Reports Decrease
    त्वरित शो
    2025-04-06 06:49:23
    GBP Speculative Net Positions Rise to 34.6K Ahead of Market Optimism
    त्वरित शो
    2025-04-06 06:49:23
    Oil Prices Plunge to 3-Year Low Amid Trade War Fears
    त्वरित शो
  • 2025-04-06 06:49:23
    Wall Street Takes a Hit on Trade War Fears, Fed Remarks
    त्वरित शो
    2025-04-06 06:49:23
    Uruguay Jobless Rate Eases in February
    त्वरित शो
    2025-04-06 06:49:23
    Brazil Trade Surplus Increases 13.8% in March
    त्वरित शो
    2025-04-06 06:49:23
    Brazil 10-Year Bond Yield Drops Amid Flight to Safety
    त्वरित शो
    2025-04-06 06:49:23
    Brazil Sees Significant Turnaround as Trade Surplus Hits $8.15 Billion in March
    त्वरित शो
    2025-04-06 06:49:23
    Brazilian Real Retreats From Multi-Month Highs
    त्वरित शो
    2025-04-06 06:49:23
    Sell-Off Grips Wall Street as Economic Risks Rise
    त्वरित शो
    2025-04-06 06:49:23
    U.S. Rig Count Dips Slightly: Baker Hughes Reports a Decrease to 590
    त्वरित शो
    2025-04-06 06:49:23
    U.S. Oil Rig Count Inches Upwards; Signals a Stable Future for Energy Sector
    त्वरित शो
    2025-04-06 06:49:23
    Mexican Peso Loses Ground
    त्वरित शो
  • 2025-04-06 06:49:23
    European Stocks Tumble 5% Led by Banks
    त्वरित शो
    2025-04-06 06:49:23
    US Stock Sell-Off Worsens Amid Escalating Trade War
    त्वरित शो
    2025-04-06 06:49:23
    Gold Prices Fall More than 2%
    त्वरित शो
    2025-04-06 06:49:23
    Week Ahead - Apr 7th
    त्वरित शो
    2025-04-06 06:49:23
    Nickel Futures Fall to Over 4-1/2-Year Low
    त्वरित शो
    2025-04-06 06:49:23
    Wheat Hits 1-Month Low
    त्वरित शो
    2025-04-06 06:49:23
    Soybeans Slide as China Retaliates with Tariffs
    त्वरित शो
    2025-04-06 06:49:23
    Mexico Consumer Morale Falls to 2023-Lows
    त्वरित शो
    2025-04-06 06:49:23
    Baltic Dry Index Extends Slide Into 9th Day
    त्वरित शो
    2025-04-06 06:49:23
    Canada 10-Year Bond Yield Near 2-Year Lows
    त्वरित शो
  • 2025-04-06 06:49:23
    FDI Into Vietnam Rises 7.2% in Q1
    त्वरित शो
    2025-04-06 06:49:23
    Vietnam Trade Surplus Narrows in March
    त्वरित शो
    2025-04-06 06:49:23
    Vietnam Tourist Arrivals Rise 28.5% YoY in March
    त्वरित शो
    2025-04-06 06:49:23
    Vietnam Inflation Rate Accelerates to 3.13%
    त्वरित शो
    2025-04-06 06:49:23
    Vietnam Retail Sales Grow the Most in 22 Months
    त्वरित शो
    2025-04-06 06:49:23
    Vietnam GDP Growth Weakest in A Year
    त्वरित शो
    2025-04-06 06:49:23
    Vietnam Industrial Output Growth Eases Sharply
    त्वरित शो
    2025-04-06 06:49:23
    Colombian producer inflation continues to fall in March
    त्वरित शो
    2025-04-06 06:49:23
    TSX Tumbles to Near 8-Month Low
    त्वरित शो
    2025-04-06 06:49:23
    Speculative Net Positions on NZD Worsen to -45.0K, Marking Continued Investor Pessimism
    त्वरित शो

कंपनी समाचार
सभी समाचार
हमसे प्यार के साथ: वेलेंटाइन डे के लिए जीतें $5,000!

हमसे प्यार के साथ: वेलेंटाइन डे के लिए जीतें $5,000!

.

और दिखाओ
Caricatures
All caricatures
अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaSpot anyway.

We are sorry for any inconvenience caused by this message.