Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: 'High Wave' points to decline
2019-11-11 • Updated
There's a bearish 'High Wave', which hasn't been confirmed yet. So, the market is likely going to test the 34 Moving Average. If a pullback from this line happens next, bulls will probably try to reach another resistance at 1.1633.
We've got a 'High Wave', so the price is declining. The main intraday target is the next support at 1.1633. This level could be a departure point for a bullish rally, so we could have a new high soon.
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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...
