Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: "Window" going to act as support again
2019-11-11 • Updated
The lower “Window” has acted as a support, so the market is likely going to test the 34 Moving Average in the short term. If a pullback from this line happens, there’ll be an opportunity to have a decline towards the “Window”, which could be a departure point for another bullish price movement.
We’ve got a bullish “Harami” at the local low. Considering a confirmation of this pattern, the price is likely going to get a resistance on the 55 Moving Average. If we see a pullback from this line, the lower “Window” is likely going to act as a support once again.
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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...
