Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: market consolidating between the MA
2019-11-11 • Updated
The market is consolidating between the 89 and 34 Moving Averages. It's likely that we're going to have a 'Triangle' soon. If so, we should keep an eye on the nearest resistance at 1.1829 - 1.1853 as the next bullish target.
There's a local 'Double Bottom', which pushed the market higher. Meanwhile, we could have a local downward correction in the coming hours. So, if a pullback from the closest support at 1.1778 happens next, there'll be time for another bullish price movement.
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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...
