The UK retail sales beat the early forecasts

The quantity of goods sold in stores and on the Internet rose in April by 1.3%, compared to March and against Bloomberg survey which predicted an increase of 0.6%.
The increase came after two months of declines in retail sales.

EUR/JPY
The main trend of the pair is a downtrend but on 4 hours chart we can try an enter to an intra-day trade, a part of a technical correction up.

As seen on the chart, there is a diagonal support line which supporting the pair 4 times in the last 10 days.

The last 4 hours candle was a bullish one which crossed up the moving average 13, with that, the average of the RSI is above his 50 line.

For Forex traders:

Buy between the levels of : 123.50 – 123.70
Stop loss point : 123.00
Take profit point : 125.50.

For Binary options traders:
A call option between the levels of : 123.50 – 123.70
Expiry time : The end of May 19.

The US dollar at the height of seven weeks

The dollar index climbed to a record seven weeks after the protocol of the meeting of the Federal Reserve which released yesterday showed that the central bank is about to raise the interest rates as early as June.
In May the US dollar rose compared to all 16 major currencies around the world.

Tension on Wall Street ahead of the Fed’s Protocol

Investors around the world waiting for the publication of the protocol of the last meeting of the Federal Reserve later today (19:00 GMT+1) which may well bring clues about the planned interest rate policy of the central bank.

Wall Street futures signaling on a stable opening of the trading day with a tendency to decline, in accordance with the trend on the European stock exchanges.

APPLE

The recent trend of the stock is a downtrend and so far in 2016 it went down by 16%.
In the last few days the stock have reached a support area, around the level of 93.40, a strong support area as we can see on a weekly chart.

On a daily chart we can see that battle of the last few days around this support area, at first the price of the stock broke down this level but soon after the price went up above it.
The price went up also because of a tailwind which came after Berkshire Hathaway (BRKA), the conglomerate run by Warren Buffett purchased more than 9.8 million shares in Apple during the first quarter (It was Berkshire’s first investment in Apple)

As we can see on the daily chart, beyond that the price is next to a support area, against the last decline of the price of the stock, there is a bullish divergence at the histogram of the MACD.

For Forex traders:

Buy between the levels of : 93.00 – 93.40
Stop loss point : 92.60.
Take profit point : 98.00.

For Binary options traders:
A call option between the levels of : 93.00 – 93.40
Expiry time : The end of May.

At this moment the price of the oil touches the level of 50 dollars per a barrel, reaching a seven-month peak.

UK unemployment rate in January-March remains unchanged and stayed at 5.1%.

According to the Chinese government, China housing prices continued to climb in April the fourth consecutive month, thanks to the ease regarding terms of purchase of assets outside the major cities in the country, including lowering interest rates and fees.
The average price of residential property in 70 major cities in China rose by 4.1% in the 12 months up to April.