WikiFX report: Warning of potential volatility: 18-22 April

Experienced traders know that volatility can come at any point, in any part of the interconnected markets we trade. Smooth trending markets or rangebound markets can also be interrupted by sharp shocks and unwanted volatility.

Volatility measures the overall price fluctuations over a certain time and this information can be used to detect potential breakouts.

Forex volatility refers to currency fluctuations in the global foreign exchange market. Price movements can vary from hour-to-hour, second-to-second depending on a huge number of factors. Volatile markets come with plenty of risk.

FXChoice offers both Forex and CFD trading opportunities to clients all over the world, including the US. You can trade 38 different currency pairs, including exotic markets such as South African Rand, Russian Ruble, and Norwegian Krona. This allows you to take advantage of emerging markets.

On its website they published a Scheduled events for the most widely-traded currencies, that may also affect indices and commodities. Times are GMT+3.

Monday, 18th April

• 23:00: NZD — RBNZ Gov Orr Speaks

• 23:00: USD — FOMC Member Bullard Speaks

Tuesday, 19th April

• 04:30: AUD — Monetary Policy Meeting Minutes

Wednesday, 20th April

• 02:50: JPY — Trade Balance

• 12:00: EUR — Trade Balance

• 15:30: CAD — CPI

• 17:30: USD — Crude Oil Inventories

Thursday, 21st April

• 01:45: NZD — CPI

• 17:30: USD — Natural Gas Storage

• 19:30: GBP — BOE Gov Bailey Speaks

• 20:00: EUR — ECB President Lagarde Speaks

• 20:00: USD — Fed Chair Powell Speaks

Friday, 22nd April

• 02:30: JPY — CPI

• 16:00: EUR — ECB President Lagarde Speaks

WTICrude expiration

Let's look at the following recap.

Tuesday, 19th April, at market close — . WTICrude trades will be closed as the CFD prepares to switch over to the next months futures contract. More in Expiration Rules. All times are Server Time (GMT+3).

With this analysis, it clearly serves as a warning of potentially significant price movements and not recommended to trade them. Because We do not predict which direction prices will go in.

Note: liquidity often gets thinner and spreads widen during economic news.