Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/CAD in a corrective stage
2019-11-11 • Updated
The EUR/CAD pair is making a bearish correction from the resistance level of 1.5414. Such area is helping to cap further gains and we could expect some consolidation moves before to post a fresh high across the board. According to our Fibonacci’s forecast, the pair is finding support at the 50% Fibonacci level at 1.5307, at which a rebound should take it to test the -23.6% Fibonacci zone at 1.5465.
RSI indicator remains in the negative territory.
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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...
