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George Ma
April 23 09:00

Forex forecast for April 23, 2020

What forex trader should really dig into.
USD/JPY has been continuously consolidating below the resistance level at ¥107.85 with false interruptions since mid last week.

USD/RUB has been in a short-term decline to support level of ₽75.15, which played a role of resistance at the beginning of the week.
Bitcoin is being traded in the sideways corridor of support and resistance levels for the fourth consecutive week, between US$6525 – 7260.
US dollar index trades above the historical resistance levels of 99.30 - 99.80, which are the keys for this market.
XAU/USD Gold began to reverse upwards, returning to strong resistance levels - 1,690 - 1,703.
Brent has reversed to a short-term upward correction to the resistance level of US$25.70, which was broken through yesterday.