Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: bulls going to test last high
2019-11-11 • Updated
The price is still consolidating under a resistance at 1.0951. Also, there’s a possible “Triple Top”. However, the market is likely going to test the nearest resistance at 1.0933 – 1.0951 in the short term. If a pullback from this area happens, there’ll be an opportunity to have a decline towards a support at 1.0819 – 1.0729.
There’s a consolidation, which is taking place above the 34 Moving Average. Therefore, bulls are likely going to achieve a resistance at 1.0933 – 1.0951. Meanwhile, this area could be a departure point for a decline in the direction of the 89 Moving Average.
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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...
