Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: bullish "Engulfing"
2019-11-11 • Updated
The 21 Moving Average has acted as resistance, but there isn't any bearish pattern so far. In this case, bulls are likely going to test the 55 Moving Average, which could be a departure point for another decline.
There's a bullish "Engulfing", but confirmation of this pattern isn't enough. So, the pair is likely going to get resistance on the 144 Moving Average during the day.
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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...
