![EUR/USD: extension in wave [iii]](/storage/article/5375/preview/iXCowaCHLwMMRXmF_1280x600_q70.jpg)
Trade ideas for March 28 - April 1
Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
EUR/USD: extension in wave [iii]
2019-11-11 • Updated
There's an opportunity to have an extension in wave [iii]. Previously, a zigzag in wave [ii] was formed. So, if a pullback from 6/8 MM Level happens in the coming hours, we're likely going to have another bullish rally.
We've got a developing zigzag in wave (ii), which hasn't been finished yet. The main intraday target is 6/8 MM Level, which could be a departure point for wave i of (iii).
Similar
Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
SNB Won't Let EUR/CHF Fall
What happened? It looks like the decline in EUR/CHF to 1…
Latest news
Gold’s Next Move Could Be Huge!
Let's dive into the world of gold. Currently, the price of gold, represented by XAUUSD, is stuck in indecision, hovering around the $1,975 mark. The market is anxiously awaiting two important factors: the release of the Federal Reserve's meeting minutes and the extension of the US debt ceiling.
What to Trade in June
Hey guys, this is the last full trading week in May, and many forward-looking individuals like myself are already preparing themselves to seize whatever opportunities June may have in store. On this note, I will review a few commodities that have satisfied my quest for swing-trading opportunities in the coming month. Follow me!
Will GBP Recover Now?
The Bank of England (BoE) has dramatically shifted its economic forecasts. They no longer expect a recession in the UK and have upgraded their growth projections. This year, the BoE predicts GDP growth of +0.25%, a significant improvement from previous expectations. Next year's forecast is even more optimistic, with a projected growth of 0.75%.
