Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD rising inside minor impulse wave 5
2019-11-11 • Updated
- EUR/USD rising inside minor impulse wave 5
- Next buy target - 1.1700
EUR/USD continues to rise inside the minor impulse wave 5, which earlier broke through the key resistance level 1.1500 (which was set as the buy target in our previous forecast for this currency pair). The price earlier corrected down to retest the support level 1.1500 – from where the pair reversed sharply up – continuing the active impulse waves (iii) and 5. EUR/USD is expected to rise to the next buy target at the next resistance level 1.1700. Strong support now stands at the aforementioned price level 1.1500.
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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...
