MARKET WEEKLY

April 8-12. April 15-19

Welcome, traders, and we present to your attention a new market digest!

As is tradition, let's start by reviewing the key macroeconomic events of the past and upcoming week. As you know, releasing
important macroeconomic data is often accompanied by a sharp increase in intraday volatility in the markets. It's important to be
prepared for this: assess potential risks and find the optimal moment to execute a trade.

Important macroeconomic events of the past week, April 8-12

Date Curren Event Forecast / Comments

cy Actual

10.04 USD U.S. Consumer 3.4% / 3.5% The CPI tracks changes in the prices of goods and services,
Price Index (CPI considering consumer preferences. This indicator plays a crucial
YoY) role in assessing changes in consumer behavior and inflation
levels.

The actual value is higher than forecast, a "bullish" signal for

speculators.

10.04 USD U.S. 10-year 4.166% / U.S. Treasury bonds with a 2 to 10-year maturity are issued to
Treasury bond 4.560% raise additional funds for the budget. The interest rate determines
auction the investor's return.

An increase in bond yields signals the government's willingness

to borrow money at a higher interest rate, which can negatively
impact the country's economy. This is a negative for the dollar.

11.04 USD Initial jobless claims 216K / 211K Initial jobless claims refer to the number of people who filed for
in the U.S. unemployment insurance benefits for the first time last week.

These data are a leading indicator of economic activity in the U.S.

 The actual value was lower than forecasted: fewer people are out
of work and need benefits. This is a "bullish" signal for the USD.

Important macroeconomic events for the upcoming week, April 15-19

Date Curre Event Comments

ncy

15.04 USD Retail Sales MoM (March) Retail sales are statistical data on how much people spend in stores.
If the retail sales volume is higher than expected, it's a good sign for
the U.S. dollar, but if it's lower, it can put pressure on quotations.

15.04 CNY GDP YoY (Q1) Gross Domestic Product (GDP) reflects the annual change in the total
value of all goods and services produced within a country. GDP is one
of the most objective indicators of economic activity and a primary
indicator of the economy's health.

If the GDP value is higher than expected, it is usually perceived as a

positive signal for the yuan. In comparison, a value lower than
expected can be seen as a negative factor.

17.04 INR Celebration of the Hindu festival Sri Rama Navami is a Hindu festival that commemorates the birth of the
Rama Navami. god Rama. During this time, the stock markets in India closed, and
there is no trading in INR.

17.04 GBP UK Consumer Price Index (CPI) The Consumer Price Index tracks changes in the prices of goods and
YoY (March) services, considering consumer interests.

Exceeding the expected value of the index is often viewed as a

positive signal for the GBP, while a level below the forecast can be
seen as a negative signal for this currency.

17.04 EUR Eurozone Consumer Price Index The index value in the Eurozone being higher than forecasted is a
(CPI) YoY (March) positive signal for the main currency of Europe.
18.04 USD Initial jobless claims in the U.S. Initial unemployment benefit claims are the number of people who
have applied for unemployment benefits for the first time over the last
week.

Exceeding expected values is usually considered negative for the

USD; values below expectations are perceived as a positive signal for
this currency.

18.04 USD Philadelphia Federal Reserve The Philadelphia Federal Reserve Index evaluates the overall
Index, USA business activity conditions in the region. It is based on a survey of
250 manufacturers in the Philadelphia area.

A value above zero indicates improvement, while below zero indicates

deterioration. Exceeding the expected value is perceived as positive
for the U.S. dollar, while a shortfall is seen as negative.

18.04 USD Existing home sales in the U.S. Existing home sales reflect changes in the annual sales volume of
(March) already constructed housing over the previous month. This report
helps assess the state of the U.S. real estate market and is an
important indicator of economic activity.

A level above the forecast is perceived as a positive signal for the

U.S. dollar, while a level below is negative.
The Technical Analysis Practice. EUR/USD Currency Pair

Review of exchange rate movement scenarios

Plan for April 8-12

In the last issue, we considered the following scenarios:

Scenario 1: The "bulls" can form a liquidity zone between zones

D and E, continue the movement through zone C, and try to
attack zone A.

Scenario 2: The "bears" can stop the impulsive movement of

the "bulls" and transition the asset price into a flat range
between zones D and E, and then try to organize an attack on
zone B.

Fact for April 8-12

On Thursday, at the end of the trading session, scenario #2

materialized.

The "bulls" could not pass through the "bears'" liquidity zone D,
and amid positive data on the U.S. consumer price index, the
dollar was able to strengthen.

The "bears," with a sharp impulsive high-volatility movement,

returned the EUR/USD rate to the "bulls'" support zone B.
 Timeframe D1

Last week's trading levels remain relevant. The sharp, impulsive movement toward strengthening the dollar during the trading
session on Wednesday, April 10, threatens the buyers' support zone B. The "bears" will likely push through this zone and move to
new price support levels F and G.
 Timeframe M30

The "bulls" attempted to pass through resistance zone D, but the "bears" managed to reorient the movement and form a reversal
pattern. Immediately following this, on Wednesday, April 10, against macroeconomic news, there was a high-volatility movement
towards strengthening the U.S. dollar.

By the end of the trading session on Thursday, April 11, the "bulls" tried to defend liquidity area B. However, the "bears" are highly
likely to be able to push through it and drive the price even lower.
 Possible scenarios

Based on the existing trends, two likely scenarios should be considered for the EUR/USD asset:

Scenario 1: The "bulls" will manage to hold the support zone B and try again to attack zone D.

Scenario 2: The "bears" will break through the support zone B, halt in zone F, and after accumulating liquidity, will attempt to
attack zone G.
Technical Analysis Theory. Fundamentals of Trading Using the Price Action Methodology

Price Action is a trading method on financial markets based on analyzing basic price movements without the use of technical analysis
indicators. To make trading decisions, traders using Price Action rely on price charts, trading volumes, and other raw market data.

The concept of price action has existed since trading on financial markets. However, in recent decades, this methodology has gained
significant popularity among retail traders due to its simplicity in interpreting charts.

The foundation of trading using Price Action is the analysis of price charts, most often in Japanese candlesticks, which show the
opening, closing, maximum, and minimum prices over a specific period. Traders analyze the shapes and structures of the
candlesticks and series of candlesticks to identify potential points of reversal and trend continuation.

Like any other analysis method, Price Action has advantages and disadvantages.

Advantages:

● Simplicity and flexibility: Traders can use Price Action in any time frame and in any market.
● Direct market perception: By analyzing only prices, traders can better understand market sentiment.

Disadvantages:

● Subjectivity: Interpretation of graphical patterns can vary significantly among different traders.
● Lack of historical context: Focusing solely on current price movements may overlook important retrospective data.

Below are some of the most popular Price Action patterns. They will help traders determine an asset's most probable price
movement in conjunction with other elements of technical analysis (such as support and resistance levels, which we discussed in one
of the previous issues).
 Price Action patterns for buying

Hammer

Inverted Hammer

Dragonfly Doji

Bullish Kicker

Bullish Engulfing
Bullish Harami

Morning Doji Star

Three White Soldiers

Price Action patterns for selling

Hanging Man

Shooting Star
Gravestone Doji

Bearish Kicker

Bearish Engulfing

Bearish Harami
Three Black Crows

Bearish Abandoned Baby

Fundamental analysis

What are market indicators, and how do they help assess movements in global currencies?

Market indicators are quantitative measures that reflect various aspects of economic activity and can be used to analyze the currency
market. Indicators include data on inflation, interest rates, GDP, manufacturing metrics, unemployment levels, and much more. They
assist in the fundamental assessment of market movements.

1. Interest rates: Central banks use interest rates to control inflation and stimulate the economy. Changes in interest rates can
affect the attractiveness of a currency to foreign investors.
2. Economic reports: Data on GDP, unemployment rates, inflation, and trade balances can provide insight into the state of the
economy and its prospects, which also affects currency exchange rates.
3. Political stability and economic performance: Countries with stable political environments and strong economies attract
foreign investments more successfully, strengthening the national currency.
4. Speculation and expectations: Market indicators influence traders' expectations, and they may build their trading strategies
based on economic forecasts.

Examples of market indicators:

1. Consumer Price Index (CPI). It reflects changes in retail prices for goods and services, which indicates inflation.
2. Gross Domestic Product (GDP). It shows the total value of all goods and services produced in a country and indicates
economic strength.
3. Unemployment rate: Reflects the proportion of the economically active population seeking employment and indicates a
country's economic health.
4. Trade balance: This is the difference between a country's exports and imports. It can affect the demand and supply of the
national currency.

There are many ways to track market indicators:

5. Economic calendars are among the most important tools for traders. They contain information about upcoming economic
events (such as GDP data releases, changes in interest rates, unemployment levels, and others). Binomo has a section with
an economic calendar, which can be effectively used in trading.
6. News websites and analytical portals. Specialized news websites allow traders to receive up-to-date information about the
global economy and financial markets. These resources publish updates from central banks, government reports, and other
significant news.
 7. Social media and forums. Trader communities on social media and specialized forums often discuss the latest economic
news and its potential impact on the markets. Such information exchange can be useful for understanding the overall market
sentiment.
8. Analytical newsletters. Some traders subscribe to reports from professional analytical services, which conduct in-depth
analyses of the situation and provide forecasts on market indicators.

Using these tools and resources helps traders stay updated on the latest news and form accurate price forecasts.

Trade on Binomo, and don't miss the opportunity to earn!

This market digest is provided exclusively for informational and educational purposes. It should not be interpreted as investment
advice, an offer, or a recommendation to buy or sell financial instruments. All information, analysis, and opinions presented in this
digest are based on data available at publication and are subject to change without prior notice. The authors and publishers are not
responsible for any losses or damages arising from the use of or reliance on the information contained in this digest. Investors
should conduct their own analysis and risk assessment before making investment decisions.