The Markets Dashed Into Easter Weekend Leaving Some Folks Wanting

By Content-mgr - on April 19, 2019

The Markets Dashed into Easter Weekend. Leaving some folks wanting.

As expected most of the westernized or predominately Christian countries have or are closing their doors to celebrate and commemorate the Easter Holidays. Kicking it off today with Good Friday.  

Global Stocks.

Although there are about 15 companies reporting on Q1 earnings during the day. With the US Market closed, Market participants locked certain positions could only brace for the best till markets resume on Tuesday. Likely opening with gaps to the upside or downside.

UK100: The UK100 parked in a range between 7,381.8 – 7,437.5 for the holidays. Likely to open with gap.

Germany 30: Was observed locked between 12,125.5 – 12,291.2 in a range.  

Italy 40: Was arrested between 21,257.00 – 21,497.50 after recovery fromthe previous sessions slip.

USA30: Closed the previous session at 26,428.00 however managed to tack on some quick gains to open and remain confined 26.567.00

Commodities:

Oil: Span a trading range between 63.45 – 64.16 and rested around 64.00

Gold: Even the safe-haven precious metal got stuck in a range below the 1,300.00 threshold between 1,277.90 – 1,277.90

FX Market:

GBP/USD: The pair transverse between 1.2984 – 1.3014 however caught frozen at 1.3007

EUR/USD: was seen perched at 1.1246 after charting a trading path between 1.1229 – 1.1254.

USD/JPY: There pair was observed snoozing near its previous session, support line of 111.90. Precisely at 111.90 with the resistance noted at 112.01

The Cryptocurrencies.

With most markets closed for the holidays it is plausible. That the cryptocurrencies arena is likely going to gain quite some attention.

This come in a time when South Korea’s Bithumb Exchanges debuts its expansion plans for both the Japanese and US markets.

So far Crypto enthusiast including myself are holding on tight. Not only in hopes for a surge but for definite climb back to glory. 

Happy Holidays get ready for action next week Tuesday or over the weekend with some crypto is you so desire.

Further details, please visit Xtrade.com. You may also leave your comments below.

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