Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/JPY looking for a rebound at demand zone
2019-11-11 • Updated
EUR/JPY remains confined in a range that hovers around the 200 SMA at H1 chart. According to our forecast, the pair is pointing to reach a demand zone established between the 134.67 and 134.18 level, at which we can expect a rebound to take place in order to rally towards the -23.6% Fibo zone at 137.07. To invalidate the mentioned scenario, the pair should break below the 65% level.
RSI indicator is moving in the negative territory.
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WTT: Currency Pairs To Trade In April
Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
EURUSD: Seeking liquidity in weekly selling zones. Key intraday levels.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...
