Trade ideas for March 28 - April 1
Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
GBP/USD: bullish 'Flag'
2019-11-11 • Updated
There's a bullish 'Flag', so the pair is likely going to reach the next resistance 1.3450 - 1.3471. However, if a pullback from this area happens next, there'll be a moment to have a decline towards the closest support at 1.3300 - 1.3344.
The market has broken all the Moving Averages on the one-hour chart. At the same time, we're likely going to have a local downward correction towards the nearest support at 1.3380. A pullback from this level could be a starting point for another upward price movement.
Similar
GBP/USD Near Supply Zone
GBP/USD has managed to rise for the third trading day in a row including today’s Asian session, while the daily technical indicators are moving higher gradually.
Forex majors: short-term and long-term
Discover the outlook for EUR/USD, EUR/GBP, and GBP/USD.
Latest news
European Stock market might crash soon
In today's article, we will be performing an interesting analytical experiment - Correlation! To start, I have chosen a few indices that we will be observing. It's just like we're analyzing...
Best Trade Ideas for April
I know we've had quite an amazing run these past few month, with over 78% accuracy in our trade ideas and sentiments, and thousands of pips in profits monthly...
CAD Might Weaken As Oil Market Plunges
Futures for Canada's main stock index rose on Monday, following positive global markets and gains in crude oil prices. First Citizens BancShares Inc's announcement of purchasing the loans and deposits of failed Silicon Valley Bank also boosted investor confidence in the global financial system...
