
What's moving markets on April 22? Read the report to know!
Let’s see what they will agree on.
AUD/USD surged to the resistance at 0.7465 but the weak data pulled it down to the support at 0.7390. The trading isn’t extensive and it shows the uncertainty of traders. If the USD weakens, the pair will be able to recover. Otherwise, it will go down. The trading within the 0.7390-0.7465 channel is anticipated.
Up to now, Brent has been trading near $74. 100-day MA is the support for the price. Positive economic data will pull the price to $75.15. Otherwise, there are risks of the fall to the pivot point at $73.15.
WTI can’t leave the $67.25-69 channel. 50-day MA is the strong resistance for the oil benchmark. Positive news will pull the price above the resistance at $69. The next one will lie at $70.55. Otherwise, the oil benchmark will fall to the pivot point at $67.25. The next support will lie at $64.85.
There are no significant changes in moves of the currencies.
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What's moving markets on April 22? Read the report to know!
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