Important upcoming events and publications for April 22 (GMT):
Many financial markets across the Globe were closed for the Easter holiday. Trading activity and volumes traded in the currency market during the day is expected to be thin.
See changes to the trading schedule
14:00 U.S. Existing Home Sales for March are expected to be the only major macro release for this Monday. A month earlier we saw a big jump in sales by 11.8%, that was the positive sign for the economy. On the other hand, building permits and housing starts releases were below expectations. This weak data may spread to the secondary housing market. Impact on USD: Limited.
- WTI crude oil reversed from support area - Likely to rise to resistance level…
- AUDJPY reversed from support area - Likely to rise to resistance level 103.00 AUDJPY…
German industrial production continues to decline. The rate of contraction in March was slightly better…
US indices have been gaining daily since the beginning of May. They have found strength…
Market picture The crypto market has lost 2% of its capitalisation over the last 24…
- S&P 500 reversed from support level 5000.00 - Likely to rise to resistance level…
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