Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: 'Window' is acting as support
2019-11-11 • Updated
The Monday's 'Window' is acting as support, so it's likely to have a bullish 'Engulfing' pattern. In this case, the market is going to test the nearest resistance at 1.1363, which could be a starting point for a decline towards the next support at 1.1287.
There're bullish patterns such a 'Hammer' and an 'Engulfing'. Thus, we should keep an eye on the closest resistance at 1.1363 as an intraday target. If a pullback from this level forms next, there'll be a green light for another decline in the direction of the lower 'Window' at 1.1287.
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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...
