Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: bearish 'Flag' pattern
2019-11-11 • Updated
The pair is consolidating between the levels 1.1553 - 1.1652. Also, there's a bearish 'Flag' pattern, so the market is likely going to test the next support at 1.1509 - 1.1478 in the short term. A pullback from this area could be a departure point for a bullish correction.
The 34 Moving Average has acted as resistance. Also, there's a bearish 'Flag'. Under this circumstances, the price is likely going to reach the nearest support area at 1.1531 - 1.1509 within the next few hours.
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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...
