Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/CAD broke resistance zone
2019-11-11 • Updated
- EUR/CAD broke resistance zone
- Next buy target - 1.5720
EUR/CAD continues to rise after the earlier breakout of the resistance zone lying at the intersection of key resistance level 1.5400 (which stopped the previous impulse wave (1), as can be seen from the daily NZD/USD chart below) and the 38.2% Fibonacci correction of the previous ABC correction from the middle of March. EUR/CAD is expected to rise further toward the next buy target at the next resistance level 1.5720 (top of wave (B)).
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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...
