Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD reversed from support area
2019-11-11 • Updated
- EUR/USD reversed from support area
- Next buy target - 1.1900
EUR/USD continues to rise after the earlier upward reversal from the support area lying between the key support level 1.1700 (which also stopped the previous minor correction (a)), lower daily Bollinger Band and the 38.2% Fibonacci correction of the previous sharp upward impulse from the start of July. The upward reversal from this support area stopped the earlier minor impulse wave c. EUR/USD is expected to rise to next buy target at the next resistance level 1.1900 (top of impulse 3).
Similar
SNB Won't Let EUR/CHF Fall
What happened? It looks like the decline in EUR/CHF to 1…
EUR/USD Hit All Targets
4H Chart Daily Chart EURUSD managed to rise further on Friday inline with our expectations, reaching our entire targets mentioned in our previous notes at 1…
Latest news
Last chance for bulls to exit the market. FBS explains the next two years for crypto
Crash of LUNA ecosystem and halving cycles. Glimpse into the future of the crypto market with FBS experts!
What To Trade On May 23 - 27?
Last week blew traders' minds! The US dollar dropped for the first time in seven weeks after Jerome Powell's speech on Tuesday…
Can a recession be avoided?
The pandemic continues hurting economic activity in China, the war in Ukraine is hitting the entire European economy, and the Fed's efforts to control inflation threaten to trigger a recession.
