Market analyst predictions for April 2015
City Index April 1, 2015 4:48 PM
<p>Our April predictions are in and this month’s segment includes forecasts on the UK 100, GBP/JPY and Japan 225. Get the latest insights from our […]</p>
Our April predictions are in and this month’s segment includes forecasts on the UK 100, GBP/JPY and Japan 225. Get the latest insights from our global analysts – including Ashraf Laidi, James Chen and Kara Ordway – on where they think prices will head to in April.
Is there a market you’d like to see that isn’t currently covered? Tweet us at @Cityindex and we’ll include the market you requested in next month’s feature.
| Analyst | Market | Bias | 1st target | 2nd target |
|---|---|---|---|---|
| Ashraf Laidi | GBP/JPY | Bearish | Y176.60 | Y174.80 |
| GBP traders will witness increasing volatility in April as the major political parties start their six-week campaigns ahead of the election. Uncertainty will be the name of the game, at the expense of the pound. Read my full article | ||||
| Joshua Raymond | EUR/JPY | Bearish | Y127.00 | Y125.50 |
| I can find both technical and fundamental factors that convince me this pair could continue to trade to the downside. Read my full article | ||||
| James Chen | EUR/USD | Bearish | $1.0500 | $1.0200 |
| EUR/USD spent the first half of March in a virtually unrelenting free-fall, extending its deeply entrenched bearish trend further. Read my full article | ||||
| Ken Odeluga | UK 100 | Bullish | 7065 | |
| After the excitement of breaking the 7,000 barrier, it ought to be no surprise that the market needs a rest, but the FTSE still has a spring in its step. Read my full article | ||||
| Kelvin Wong | Japan 225 | Bullish | 20,080 | 20,440 |
| As long as the monthly pivotal support level holds, the Japan 225 index is likely to see further potential upside movement. Read my full article | ||||
| Kara Ordway | AUD/USD | Bearish | $0.7620 | $0.7550 |
| The biggest event risk on the calendar for this month will once again be the RBA rate decision. Read my full article | ||||
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