Trade ideas for March 28 - April 1
Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
GBP/USD: confirmed 'V-Top' pattern
2019-11-11 • Updated
There's a 'V-Top' pattern, which has been confirmed, so there's an opportunity to have a local downward correction. In this case, we should keep an eye on the nearest support at 1.2814 - 1.2772. If a pullback from this area happens little later on, bulls will probably try to reach another resistance at 1.2946.
The market is consolidating under the previously tested resistance at 1.2927. Also, there're bearish patterns such a 'V-Top' and a 'Double Top'. Thus, the pair is likely going to achieve the 89 Moving Average soon. If this line acts as support, there'll be a green light for an upward price movement towards the last high.
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GBP/USD Near Supply Zone
GBP/USD has managed to rise for the third trading day in a row including today’s Asian session, while the daily technical indicators are moving higher gradually.
Forex majors: short-term and long-term
Discover the outlook for EUR/USD, EUR/GBP, and GBP/USD.
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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...
