Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/JPY rising inside minor impulse wave 5
2019-11-11 • Updated
- EUR/JPY rising inside minor impulse wave 5
- Next buy target - 131.30
EUR/JPY recently reversed up strongly from the combined support zone lying between the key support level 128.00, lower daily Bollinger Band, 38.2% Fibonacci correction of the upward price impulse from the middle of June and the upper trendline of the recently broken wide weekly up channel from 2016 (acting as support after it was broken). The upward reversal from this support zone started the active impulse wave 5. EUR/JPY is expected to rise to next buy target at the next resistance level 131.30 (high of the previous wave (b) from the start of August).
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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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