Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: price to test the nearest resistance
2022-12-28 • Updated
There's a bearish 'Shooting Star', but confirmation of this pattern is quite weak, so the price is likely going to test the nearest resistance at 1.1555 once again. A pullback from this level could be a starting point for another decline towards the next support at 1.1392.
We've got a 'Three Black Crows' pattern, so the pair is going to test the closest support at 1.1485. If a pullback from this level happens little later on, we should watch the nearest resistance at 1.1555 as an intraday bullish target.
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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...
