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: 'Flag' pattern led to decline
2019-11-11 • Updated
The market has been declining since the last 'Flag' pattern has been broken. It's likely that the pair is going to test the next support at 1.3025 - 1.3004 in the coming hours. A pullback from this area could be a starting point for a bullish price movement towards the nearest resistance at 1.3143.
All the Moving Averages have been broken, so the pair is declining. Meanwhile, it's likely to have a local upward correction during the day. So, we should keep an eye on the closest resistance at 1.3094 as a target. If a pullback from this level happens next, bears will probably try to test another support at 1.3025 - 1.3004.
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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.
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