Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD rising inside impulse waves 1, (1) and ③
2019-11-11 • Updated
- EUR/USD rising inside impulse waves 1, (1) and ③
- Next buy target - 1.1900
EUR/USD continues to rise inside the minor impulse wave 1, which belongs to the intermediate impulse wave (1) of the primary impulse ③ from the start of November. The price earlier reversed up from the support zone lying at the intersection of the support level 1.1600, lower daily Bollinger Band and the 50% Fibonacci retracement of the previous sharp upward impulse wave (5) from June. EUR/USD is expected to rise to the next buy target at the next resistance level 1.1900.
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
Oil Prices Plunge On Falling Fuel Demand Concerns
The energy industry has undergone several major changes in the XXI that are becoming increasingly apparent…
Bitcoin 2024: The Story Is Cyclical
In the dynamic world of financial trading, understanding the nuanced relationship between the Federal Reserve's key interest rates and Bitcoin can be a game-changer…
Will NFP Be Positive for the US Dollar?
As the US Non-Farm Payrolls (NFP) take center stage, this month's data gains special attention, particularly after the unemployment rate took a concerning turn in the previous month. The US ADP Employment Change reveals a significant decline, with the economy adding 298K new jobs...
