EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: wave iv of (i) going to end soon
2019-11-11 • Updated
There's a diagonal triangle in wave (v) of [c], so wave 2 may have been ended. In this case, we're likely going to have wave (i) in the coming hours. In this case, we should keep an eye on 3/8 MM Level as the nearest bearish target.
Wave iv of (i) is going to end soon. If we have a pullback from 8/8 MM Level, there'll be a green light for wave v of (i). Therefore, the low of wave iii is likely going to be broken.
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Jerome H. Powell, the Federal Reserve chair, stated that the central bank can afford to be patient in deciding when to cut interest rates, citing easing inflation and stable economic growth. Powell emphasized the Fed's independence from political influences, particularly relevant as the election season nears. The Fed had raised interest rates to 5.3 ...
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.
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