Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: 'Tower' pushed pair higher
2019-11-11 • Updated
The last 'Tower', which has been formed on the 34 Moving Average, pushed the pair higher. There's no any reversal pattern so far, which means the market is going to test the upper 'Window' (1.1874).
The price has fixated above the 'Window', but there's a 'Hanging Man' pattern, so the market is likely going to test the nearest support at 1.1801. A pullback from this level could be a departure point for another bullish rally.
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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...
