{"id":966,"date":"2020-04-15T09:20:25","date_gmt":"2020-04-15T09:20:25","guid":{"rendered":"https:\/\/blog.sevenstarfx.com\/?p=966"},"modified":"2020-04-20T11:35:45","modified_gmt":"2020-04-20T11:35:45","slug":"technical-update-15-april-2020","status":"publish","type":"post","link":"https:\/\/www.sevenstarfx.com\/blog\/technical-update-15-april-2020\/","title":{"rendered":"Daily Market Outlook, 15 April, 2020"},"content":{"rendered":"

EUR\/USD Intraday:\u00a0<\/span> Trend may change<\/strong><\/h3>\n

Our pivot point is at 1.09550<\/strong><\/p>\n

Preferable Price Action<\/strong>: Take Short positions below pivot level with targets at 1.08910& 1.08509 in extension.<\/p>\n

Alternative Price Action<\/strong>: Above pivot looks for further upside at 1.10157 & 1.10519.<\/p>\n

Comment: pair above 50MA & 20MA<\/strong> and RSI above 50 levels.\u00a0<\/strong><\/p>\n

\"\"<\/p>\n

Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0Red Lines Indicates Support Levels\u00a0<\/span>
\nLight Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n

\n

GBP\/USD Intraday: <\/span>Bias downside<\/strong><\/h3>\n

Our pivot point is at 1.25450<\/strong><\/p>\n

Preferable Price Action<\/strong>: Short positions below pivot with targets at 1.24714 & 1.24259 in extension.<\/p>\n

Alternative Price Action<\/strong>: Price above\u00a0 pivot would call for further upside to 1.26132 & 1.26565.<\/p>\n

Comment<\/strong>: The RSI indicator above 50 levels and pair above 20MA.<\/p>\n

\"\"<\/p>\n

Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0Red Lines Indicates Support Levels\u00a0<\/span>
\nLight Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n

\n

JPY\/USD Intraday:<\/span><\/strong> Trend continues down<\/h3>\n

Our pivot point is at 107.750<\/strong><\/p>\n

Preferable Price\u00a0<\/strong>Action: <\/strong>Short position below pivot with the target at 107.013 and 106.591 in extension.<\/p>\n

Alternative Price Action<\/strong>: The upside breakout of pivot would call for 108.387 and 108.782.<\/p>\n

Comment<\/strong>: Pair below 55MA and MACD in negative territory.\"\"<\/p>\n

Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0Red Lines Indicates Support Levels\u00a0<\/span>
\nLight Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n

\n

AUD\/USD Intraday:<\/span> Trend may change<\/strong><\/h3>\n

Our pivot point is at 0.63700<\/strong><\/p>\n

Preferable Price Action<\/strong>:<\/del> Short positions below pivot with targets at 0.62987\u00a0 & 0.62535\u00a0 in extension.<\/p>\n

Alternative Price Action<\/strong>: Above pivot looks for further upside with 0.64338 & 0.64739 as targets.<\/p>\n

Comment<\/strong>: RSI above 50 level and pair continues rise<\/p>\n

\"\"<\/p>\n

Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0Red Lines Indicates Support Levels\u00a0<\/span>
\nLight Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n

\n

CRUDEOIL Intraday:<\/span> Price tend to down irrespective of action by OPEC<\/strong><\/h3>\n

Our pivot point is at 26.75<\/strong><\/p>\n

Preferable Price Action<\/strong>: Sell below pivot with targets at 25.03\u00a0 and 23.68 in extension.<\/p>\n

Alternative Price Action<\/strong>: Above pivots buy Oil with 28.47 & 29.73 as targets.<\/p>\n

Comment<\/strong>: MACD in the negative zone and RSI below 50 level mark.<\/p>\n

\"\"<\/p>\n

Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0Red Lines Indicates Support Levels\u00a0<\/span>
\nLight Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n

\n

XAU\/USD Intraday:<\/span><\/strong> Uptrend Continues<\/h3>\n

Our pivot point is at 1698.00<\/strong><\/p>\n

Preferable Price Action<\/strong>: Further upside to 1727.70 & 1743.15 level.<\/p>\n

Alternative Price Action<\/strong>: If price gives downside breakout of a pivot, then price extends to 1671.91 and 1657.37.<\/p>\n

Comment<\/strong>: demand for safe heaven rise as uncertainity extend.<\/p>\n

\"\"<\/p>\n

Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0Red Lines Indicates Support Levels\u00a0<\/span>
\nLight Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n

\n

Dow Jones\u00a0Intraday:<\/span><\/span> Trend may change to down<\/h3>\n

Our pivot point is at 23700.00<\/strong><\/p>\n

Preferable Price Action<\/strong>: Take Short positions below pivot with targets at 23129.00 & 22686.94 in extension.<\/p>\n

Alternative Price Action<\/strong>: Above 23700.00 looks for further upside to 24282.63 & 24696.32.<\/p>\n

Comment<\/strong>: May price reverse from here<\/p>\n

\"\"<\/p>\n

Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0Red Lines Indicates Support Levels\u00a0<\/span>
\nLight Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n","protected":false},"excerpt":{"rendered":"

EUR\/USD Intraday:\u00a0 Trend may change Our pivot point is at 1.09550 Preferable Price Action: Take Short positions below pivot level with targets at 1.08910& 1.08509 in extension. Alternative Price Action:… <\/p>\n","protected":false},"author":2,"featured_media":310,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[8,10,21,30,3,33,59,50,60],"yoast_head":"\nDaily Market Outlook, 15 April, 2020 | Seven Star FX<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.sevenstarfx.com\/blog\/technical-update-15-april-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Market Outlook, 15 April, 2020 | Seven Star FX\" \/>\n<meta property=\"og:description\" content=\"EUR\/USD Intraday:\u00a0 Trend may change Our pivot point is at 1.09550 Preferable Price Action: Take Short positions below pivot level with targets at 1.08910& 1.08509 in extension. Alternative Price Action:…\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.sevenstarfx.com\/blog\/technical-update-15-april-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"Seven Star FX\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SevenStar.FX\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-15T09:20:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-20T11:35:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/02\/Untitled-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"564\" \/>\n\t<meta property=\"og:image:height\" content=\"272\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"SevenstarFX\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@sevenstarfx\" \/>\n<meta name=\"twitter:site\" content=\"@sevenstarfx\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"SevenstarFX\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/technical-update-15-april-2020\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/technical-update-15-april-2020\/\"},\"author\":{\"name\":\"SevenstarFX\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/de40c30420c035943a1d5630549f2088\"},\"headline\":\"Daily Market Outlook, 15 April, 2020\",\"datePublished\":\"2020-04-15T09:20:25+00:00\",\"dateModified\":\"2020-04-20T11:35:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/technical-update-15-april-2020\/\"},\"wordCount\":499,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#organization\"},\"keywords\":[\"CORONAVIRUS\",\"CRUDEOIL\",\"currency\",\"friday\",\"gold\",\"S&P 500\",\"Trump\",\"Us market\",\"WHo\"],\"articleSection\":[\"Daily Market outlook\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.sevenstarfx.com\/blog\/technical-update-15-april-2020\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/technical-update-15-april-2020\/\",\"url\":\"https:\/\/www.sevenstarfx.com\/blog\/technical-update-15-april-2020\/\",\"name\":\"Daily Market Outlook, 15 April, 2020 | Seven Star FX\",\"isPartOf\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#website\"},\"datePublished\":\"2020-04-15T09:20:25+00:00\",\"dateModified\":\"2020-04-20T11:35:45+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/technical-update-15-april-2020\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.sevenstarfx.com\/blog\/technical-update-15-april-2020\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/technical-update-15-april-2020\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.sevenstarfx.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Daily Market Outlook, 15 April, 2020\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#website\",\"url\":\"https:\/\/www.sevenstarfx.com\/blog\/\",\"name\":\"Seven Star FX\",\"description\":\"Forex Trading\",\"publisher\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.sevenstarfx.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#organization\",\"name\":\"Seven Star FX\",\"url\":\"https:\/\/www.sevenstarfx.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2019\/12\/worpess-logo.png\",\"contentUrl\":\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2019\/12\/worpess-logo.png\",\"width\":260,\"height\":100,\"caption\":\"Seven Star FX\"},\"image\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/SevenStar.FX\/\",\"https:\/\/twitter.com\/sevenstarfx\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/de40c30420c035943a1d5630549f2088\",\"name\":\"SevenstarFX\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/5f36a8b047291bb494802b4e5cce44c2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/5f36a8b047291bb494802b4e5cce44c2?s=96&d=mm&r=g\",\"caption\":\"SevenstarFX\"},\"url\":\"https:\/\/www.sevenstarfx.com\/blog\/author\/author\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Daily Market Outlook, 15 April, 2020 | Seven Star FX","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.sevenstarfx.com\/blog\/technical-update-15-april-2020\/","og_locale":"en_US","og_type":"article","og_title":"Daily Market Outlook, 15 April, 2020 | Seven Star FX","og_description":"EUR\/USD Intraday:\u00a0 Trend may change Our pivot point is at 1.09550 Preferable Price Action: Take Short positions below pivot level with targets at 1.08910& 1.08509 in extension. Alternative Price Action:…","og_url":"https:\/\/www.sevenstarfx.com\/blog\/technical-update-15-april-2020\/","og_site_name":"Seven Star FX","article_publisher":"https:\/\/www.facebook.com\/SevenStar.FX\/","article_published_time":"2020-04-15T09:20:25+00:00","article_modified_time":"2020-04-20T11:35:45+00:00","og_image":[{"width":564,"height":272,"url":"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/02\/Untitled-1.jpg","type":"image\/jpeg"}],"author":"SevenstarFX","twitter_card":"summary_large_image","twitter_creator":"@sevenstarfx","twitter_site":"@sevenstarfx","twitter_misc":{"Written by":"SevenstarFX","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.sevenstarfx.com\/blog\/technical-update-15-april-2020\/#article","isPartOf":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/technical-update-15-april-2020\/"},"author":{"name":"SevenstarFX","@id":"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/de40c30420c035943a1d5630549f2088"},"headline":"Daily Market Outlook, 15 April, 2020","datePublished":"2020-04-15T09:20:25+00:00","dateModified":"2020-04-20T11:35:45+00:00","mainEntityOfPage":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/technical-update-15-april-2020\/"},"wordCount":499,"commentCount":0,"publisher":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/#organization"},"keywords":["CORONAVIRUS","CRUDEOIL","currency","friday","gold","S&P 500","Trump","Us market","WHo"],"articleSection":["Daily Market outlook"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.sevenstarfx.com\/blog\/technical-update-15-april-2020\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.sevenstarfx.com\/blog\/technical-update-15-april-2020\/","url":"https:\/\/www.sevenstarfx.com\/blog\/technical-update-15-april-2020\/","name":"Daily Market Outlook, 15 April, 2020 | Seven Star FX","isPartOf":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/#website"},"datePublished":"2020-04-15T09:20:25+00:00","dateModified":"2020-04-20T11:35:45+00:00","breadcrumb":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/technical-update-15-april-2020\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.sevenstarfx.com\/blog\/technical-update-15-april-2020\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.sevenstarfx.com\/blog\/technical-update-15-april-2020\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.sevenstarfx.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Daily Market Outlook, 15 April, 2020"}]},{"@type":"WebSite","@id":"https:\/\/www.sevenstarfx.com\/blog\/#website","url":"https:\/\/www.sevenstarfx.com\/blog\/","name":"Seven Star FX","description":"Forex Trading","publisher":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.sevenstarfx.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.sevenstarfx.com\/blog\/#organization","name":"Seven Star FX","url":"https:\/\/www.sevenstarfx.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2019\/12\/worpess-logo.png","contentUrl":"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2019\/12\/worpess-logo.png","width":260,"height":100,"caption":"Seven Star FX"},"image":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/SevenStar.FX\/","https:\/\/twitter.com\/sevenstarfx"]},{"@type":"Person","@id":"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/de40c30420c035943a1d5630549f2088","name":"SevenstarFX","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/5f36a8b047291bb494802b4e5cce44c2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/5f36a8b047291bb494802b4e5cce44c2?s=96&d=mm&r=g","caption":"SevenstarFX"},"url":"https:\/\/www.sevenstarfx.com\/blog\/author\/author\/"}]}},"_links":{"self":[{"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/posts\/966"}],"collection":[{"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/comments?post=966"}],"version-history":[{"count":6,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/posts\/966\/revisions"}],"predecessor-version":[{"id":1023,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/posts\/966\/revisions\/1023"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/media\/310"}],"wp:attachment":[{"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/media?parent=966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/categories?post=966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/tags?post=966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}