Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: pair consolidating under closest resistance
2019-11-11 • Updated
The market is still consolidating under the closest resistance by the middle of the last red candle. Thus, it's likely that the price is going to test the lower 'Window' at 1.1327 in the coming hours. A pullback from this level could lead to the beginning of an upward correction.
There's a local bullish 'Hammer', which has been confirmed. In this case, we should watch the nearest resistance at 1.1384. If a pullback from this level happens next, bears will probably try to reach another support at 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...
