EUR continues slowly to recover, GOLD keeps power for another jump higher

FOREX forecast 25.04.2016-29.04.2016After bouncing from 1.1450 downside channel resistance line EUR will look for support to end the month above 1.1130. Monthly reversal point is at 1.1000 but i expect to close above it. Even if we close above that, it won't mean that downside is over. Currently EUR is in a consolidation before the new leg down. If UK's people vode to leave the eurozone i expect prices below 1.0000. On the other side if UK says in the eurozone 1.1600 resistance will be tested again, but all this will happen in June. For now consolidation within 1.09-1.14 will continue.GOLD is trading below the resistance levels, however noone sells the metal and the price is somehow preserved for the next upside attempt. Upside will be restored once above 1246. Quick drops to 1215 are still possible as we are already inside a positive Daily Ichimoku. The cloud is currently very wide and won't be broken to the downside till the end of the week. Use any approach close to 1215 to enter LONG, but place a SL.NZD continues the recovery despite last week's drop. Main support is at 0.6780 and is still intact. Upside will be restored above 0.6940 and the first resistance comes at 0.7010. I do not expect the price to break the main support level this week.AUD is currently at the support 0.7700. Below 0.7650 the pair will test the 0.7510 support level and above 0.7735 upside will target 0.7820. Indicators currently show price will continue to the downside some more.JPY recovers a bit from the dollar attack on Friday when from the support level of 109.10 the price jumped to the daily resistance at 111.80. Despite all upside efforts dollar is going to loose again as we are too close to the huge Daily negatice Ichimocu cloud and it is quite possible the price to bounce back to the downside very soon. First target is 110.70 and then 110.05.GBP consolidates with bullish outlook. Buyers are using 1.4385 support to enter the market, but the main support is smoe 100 pips below at 1.4280. So the more closer to the main support is better to enter LONG. Do not expect here the price to go up quickly. Do not forget the vote which is in June, it's a long period and anything can happen. But further upside to 1.4660 is still quite possible in this period.RUB slowly gains price against the dollar. For now it consolidates between 66 and 68 price levels. Currently indicators show that more downside is to come through this week, maybe to 65.00. Upside will be restored on a Daily close above 68.For today:SHORT EUR below1.1275 SL 1.1290 TP 1.1230-1.1175-1.1120LONG EUR above1.1220 SL 1.1205 TP 1.1280-1.1310-1.1365LONG GOLD above 1246 SL 1243 TP 1256-1258-1264SHORT GOLD below 1240 SL 1243 TP 1234-1228-1222-1216
Good luck!