EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: "Window" going to act as resistance
2019-11-11 • Updated
The price has been rising since a pullback from the nearest Moving Average happened. Also, there isn't any bearish pattern so far. Therefore, the market is likely going to continue rising towards the upper "Window".
The Moving Averages have acted as support, so the price is rising. All the last candles are bullish. However, if a pullback from the closest resistance happens, there'll be an opportunity to have a local bearish correction.
Welcome to October, the tenth month of 2023. For this installment of What to Trade, I have handpicked a few of my favorite trade ideas for the month. Let’s go over a few of them.
The past several weeks have been a real triumph for the bulls in the oil market. The Brent spot price grew by 8.5% during the last month.
Gold prices are rising for three consecutive days ahead of the Federal Reserve (Fed) interest rate decision, which is expected to remain unchanged due to declining inflation and a positive economic outlook. Investors are keen on the Fed's interest rate guidance, fearing a hawkish stance that could trigger market risk aversion.