Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/CAD broke support zone
2021-11-11 • Updated
- EUR/CAD broke support zone
- Next sell target - 1.4000
EUR/CAD continues to fall after the earlier breakout of the support zone lying between the key support level 1.4160 (which stopped previous minor impulse wave (i) in March) and the 50% Fibonacci correction of the sharp upward B-wave from the middle of February. The breakout of this support zone accelerated the active impulse waves (iii) and C.
The active minor C-wave belongs to the intermediate ABC correction from the start of November. EUR/CAD is expected to fall further toward the next sell target at the round support level 1.4000.
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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.
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