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: 'Thorn' led to bullish rally
2019-11-11 • Updated
The pair has been rising since the last 'Thorn' formed. It's likely that the market is going to test the nearest resistance at 1.2814 soon. If a pullback from this level happens next, there'll be time for a decline in the direction of 1.2738 - 1.2695.
The last 'Pennant' pushed the price higher. The main intraday target is the closest resistance at 1.2814, so we could have a new local high soon. If any bearish pattern forms on this level little later on, the pair will probably start a local downward correction.
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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...
