Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: bearish "Flag"
2019-11-11 • Updated
Bulls faced resistance at 1.1425, so the price is consolidating. In this case, the market is likely going to test the nearest support at 1.1389 - 1.1387. If a pullback from this area happens, there'll be an opportunity to have an upward price movement towards the next support at 1.1443 - 1.1464.
The price is consolidating under resistance at 1.1425. Also, there's a "Flag", so bears are likely going to reach the closest support at 1.1387. However, if we see a pullback from this level, bulls will probably try to achieve the next resistance at 1.1443 - 1.1464.
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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...
