Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: upper 'Window' acted as resistance again
2019-11-11 • Updated
There're bearish patterns such an 'Engulfing' and a 'Tower', which both have been confirmed. Therefore, the market is likely going to test the nearest support at 1.1327 shortly. If a pullback from this level happens next, there'll be time for a bullish correction towards 1.1385.
The upper 'Window' has acted as resistance once again, but there's a 'Doji' on the Moving Averages. In this case, it's likely that the pair is going to achieve the closest resistance at 1.1377 soon. The subsequent pullback from this level could lead to a decline to 1.1327.
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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...
