Wednesday 20th of April

Good morning folks! I hope you’re all well!

Let’s see how things go for our gold position today, I was able to move my stop to break even so the position is risk-free now.

FX Watchlist

AUD/NZD

I’ve removed this pair from my watch since we spent a long time going sideways (even taking in account the low volatility from Easter)

GBP/AUD

We saw the price drop a bit lower from yesterday so looks like we may not see a clear area of reversal

GBP/CAD

Slowly and surely getting closer to an area of demand

AUD/JPY

Aussie Yen remains on my watchlist, waiting for an interesting area (where the red line is) for a weekly stack

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