EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: 34 Moving Average acted as resistance
2019-11-11 • Updated
There's a bearish 'Doji', so the market is likely going to test the lower 'Window' in the short term. A pullback from this level could be a starting point for an upward correction.
The 34 Moving Average has acted as resistance, so we've got a 'Hanging Man' pattern. Therefore, we should keep on track the lower 'Window' as the next bearish target.
What happened? US stocks ended sharply higher on Thursday, May 27, after a 7-week losing streak…
Next week, we expect the BOC rate statement, the OPEC+ meeting, and the Nonfarm payrolls release. Let's look at the opportunities in detail!
Amazon announced the company is going to make a 1 – 20 stock split on June 3 after the trading session close (23:30 GMT+3).