April EUR/USD Forex Forecast. Current Status and Future movements.

On this moment Currency Pair EUR/USD has Flat During correction after Big Trend This Flat like a channel with levels from 1.3000 to 1.3200 Correction was began after strong down movement during News on USA and Eurozone on Tuesday 22 April. In this period of time EuroDollar was dropped to level 1.995 or lower but next was tried cross 1.3100. Right now this pair has small vibrations near Zero point.

EURUSD H4 with Technical Analysis:

Forex Forecast EURUSD H4 with Technical Analysis and Current Situation on Forex.   

All SMA are still below the price char. Volumes of Trading were reduced and in this moment equal 45/55% to all open positions of Traders some Forex Brokers. The indicator of Technical Analysis Bollinger Bands displayed same information about volumes. trading on this pair right now to small. We see also Zero zone on MACD and Murray Match indicators. From slower time-frames we know that their SMA are below price of EUR/USD pair.

EUR/USD H1 with Technical Analysis:

EUR/USD H1 Current Status and Forecast

We expect creation third wave by Elliot but right now we can not clearly find direction on EUR/USD. We still have open order to BUY from 1.3100 but it can cancel if price will drop bellow   1.2970 that mean we will not have third, forth and fifth waves by Elliot. On the H1 timeframe all SMA ready to jump or Fall. Probably horizontal channel ca be continue from this moment fo couple days. But after flat we will expect strong movement, we hope that EUR/USD will Grow UP. Although other currency pair was stopped such as USDJPY and GBPUSD If EURO can be grow our open position give us 200-250 pips of Profit. We hope Murray Match will repaint levels of Resistance and Support. It is depends on NEWS.

Link Below:

April EURUSD FOREX FORECAST

April GBPUSD FOREX Forecast

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