EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EURUSD: bullish "Harami"
2019-11-11 • Updated
We've got a "High Wave" and an "Engulfing" patterns, which both have been formed at the last high. So, the market is likely going to test the 34 Moving Average in the short term.
There's a bullish "Harami", which has been confirmed by the last "Three Methods" pattern. Therefore, we should keep an eye on the upper "Window" as the next intraday target.
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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.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...