Economic Calendar
Time Currency News Impact Expectation
02:45 am NZD NZD Balance of
Trade Mar
Medium 329M
03:50 am JPY Retail Sales YoY
Mar
High 0.5%
03:50 am JPY Industrial
production MoM
Prel Mar
Medium 0.9%
05:00 am NZD ANZ Business
Confidence Apr
Medium -30.7
07:00 am JPY BOJ Interest Rate
Decision
High -0.1%
11:00 am EUR ECB 2021 Annual
Report
High -
01:00 am GBP BoE Gov Bailey
Speech
High -
04:30 am USD GDP Growth Rate
QoQ Adv Q1
High 1.1%
04:30 am USD Initial Jobless
Claims 23 Apr
High 182K

AUD/USD TREND: Bearish
Technical Outlook:
AUD/USD breaks the 0.7100 make in the early Asian session and touched the lows last seen in
January. The intense selling pressure could move toward more lower levels placed around 0.6955 in
the coming few sessions.
Indicators Daily chart Status
RSI 29 Bearish
STOCHASTIC 0 Bearish
MACD Below midline Bearish
200 EMA 0.7340 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell 0.7095 0.7065 0.7035 0.7125

NZD/USD TREND: Bearish
Technical Outlook:
NZD/USD is falling like a pack of card amid intensify selling pressure. The pair breached the 0.6500
level, a last hope for the bulls. A strong red candlestick indicated there is no stoppage in the downfall
for the pair.
Indicators Daily chart Status
RSI 23 Bearish
STOCHASTIC 0.00 Bearish
MACD Below midline Bearish
200 EMA 0.6840 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell 0.6490 0.6460 0.6430 0.6520

EUR/USD TREND: Bearish
Technical Outlook:
EUR/USD has lost nearly 5% in the April series so far. Now the pair is heading to break another
crucial mark at 1.0500. The sellers are in full swing to the trade. We expected next downside to be
appear at 1.0300 in short-term.
Indicators Daily chart Status
RSI 23 Bearish
STOCHASTIC 0 Bearish
MACD Below mid line Bearish
200 EMA 1.1310 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell 1.0515 1.0495 1.0465 1.0545
.

GBP/USD TREND: Bearish
Technical Outlook:
GBP/USD is hovering toward the levels last seen in July 2020. The gap down on the daily chart
indicates the selling to be continued in the spot. Traders are advised to avoid any long postions.
Indicators Daily chart Status
RSI 20 Bearish
STOCHASTIC 1.06 Bearish
MACD Below midline Bearish
200 EMA 1.3410 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell 1.2520 1.2490 1.2460 1.2550

USD/JPY TREND: Bullish
Technical Outlook:
USD/JPY on the daily chart expected to form ‘Three White Soldier’ candlestick pattern, a bullish
formation. If that happens, the next upside target for the bulls would be fresh life time high again
above 130.0.
Indicators Daily chart Status
RSI 75 Bullish
STOCHASTIC 69 Bullish
MACD Above midline Bullish
200 EMA 115.50 Bullish
Outlook Bullish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy 129.70 130.0 130.30 129.40

USD/CAD TREND: Bullish
Technical Outlook:
USD/CAD faces strong resistance around 1.2850 on the daily chart. An acceptance above the
mentioned level is a pre-requisite to contain the further gains.
Indicators Daily chart Status
RSI 65 Bullish
STOCHASTIC 93 Bullish
MACD Above midline Bullish
200 EMA 1.2630 Bullish
Outlook Bullish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy 1.2825 1.2865 1.2895 1.2795

USD/CHF TREND: Bullish
Technical Outlook:
USD/CHF tested two-year highs above 0.9700. The price trades along with the ascending trend line
from the lows of 0.9194 made on March 31. A daily close above 0.9720 will give more gains in the
spot.
Indicators Daily chart Status
RSI 80 Bullish
STOCHASTIC 97 Bullish
MACD Above midline Bullish
200 EMA 0.9250 Bullish
Outlook Bullish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy 0.9705 0.9735 0.9765 0.9675

GOLD TREND: Neutral
Technical Outlook:
XAU/USD trades below $1,880 near the vital support area. The technical indicators points toward
the meeting of the 200-day EMA (Exponential Moving Average) at $1,858.
Indicators Daily chart Status
RSI 34 Bearish
STOCHASTIC -0.3 Bearish
MACD Below midline Bearish
200 EMA $1,858 Bullish
Outlook Neutral
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell $1,880 $1,870 $1,860 $1,890