Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: 55 & 89 MA acted as resistance
2019-11-11 • Updated
The 55 & 89 Moving Averages have acted as resistance, so the price is declining. It's likely that the pair is going to test the nearest support at 1.1519. A pullback from this level could be a departure point for an upward price movement towards the 144 Moving Average.
There's a 'Three Methods' pattern, so the market is declining. It seems like we're going to have an upward correction towards the closest resistance at 1.1596. If a pullback from this level happens next, there'll be time for another decline to 1.1519.
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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...
