Hello, below you will see what an interesting to trade in the Forex market at the beginning of the new trading week 13.04.2020
EURNZD
On the pair EURNZD stopped at 1,79229 and formed pattern Inner bar. The level is pretty strong and will probably finish this correction down. Looking forward to trying the resumption of growth and an upwards trend. Consider here the purchase order 1,90400 and above.
Fundamental news
APR
- S&P/ASX 200 — market is closed
- Shanghai down 1.04 percent, the Shenzhen Composite of 1.57%, the Hang Seng Index market is closed
- KOSPI + 1,33%
- Nikkei 225 + 0,79%
Chinese indexes fell on Friday, after the publication of volumes of crediting in the country.
Commercial banks set a new record, one and a half times exceeding the figures of last year quarter. Loans significantly worsen the already difficult situation that has developed in this area even before the crisis 2020-th year.
The other markets (except closed Australia and Hong Kong) increased after the transaction OPEC+. As expected, Mexico has agreed on a decrease extraction. The measures will be in effect until may 202-year.
Morning will be held in all markets without news – world celebrates the Catholic Holy week.
USA
- Dow Jones — the market is closed
- S&P 500 — the market is closed
- NASDAQ — the market is closed
Us markets were closed in connection with the Catholic holiday “Passionate Friday”
The Eurozone
- CAC40 — the market is closed
- FTSE — the market is closed
- The DAX market is closed
Pope Francis held a service in the Cathedral of St. Peter
European markets closed in the beginning of the Easter holidays. They are held in the strictest quarantine.
The Vatican is closed for pilgrims, Pope Francis held a traditional service on Good Friday, empty St. Peter’s Basilica.
