Market analyst predictions for April 2015

<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

Build your confidence risk free
Join our live webinars for the latest analysis and trading ideas. Register now

StoneX Financial Ltd (trading as “City Index”) is an execution-only service provider. This material, whether or not it states any opinions, is for general information purposes only and it does not take into account your personal circumstances or objectives. This material has been prepared using the thoughts and opinions of the author and these may change. However, City Index does not plan to provide further updates to any material once published and it is not under any obligation to keep this material up to date. This material is short term in nature and may only relate to facts and circumstances existing at a specific time or day. Nothing in this material is (or should be considered to be) financial, investment, legal, tax or other advice and no reliance should be placed on it.

No opinion given in this material constitutes a recommendation by City Index or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although City Index is not specifically prevented from dealing before providing this material, City Index does not seek to take advantage of the material prior to its dissemination. This material is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

For further details see our full non-independent research disclaimer and quarterly summary.