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!
EUR/GBP reached buy target 0.9000
2019-11-11 • Updated
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EUR/GBP reached buy target 0.9000
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Next buy target - 0.9100
EUR/GBP continues to rise after the earlier breakout of the round resistance level 0.9000 (which was set as the buy target in our earlier forecast for this currency pair). The breakout of the resistance level 0.9000 accelerated the active minor impulse waves (iii) and 3, which belong to the sharp intermediate impulse wave (3) from the middle of April. EUR/GBP is expected to rise further to the next buy target at the next strong resistance level 0.9100 (forecast price for the termination of the active impulse wave 3).
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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.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...