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: bearish correction on the way
2019-11-11 • Updated
We’ve got a “V-Top”, so the price is consolidating. In this case, the pair is likely going to reach the nearest support at 1.2774 – 1.2727 in the short term. If we see a pullback from this area, there’ll be an opportunity to have a new high shortly.
The price is consolidating between the levels 1.2865 – 1.2774. The 34 Moving Average is likely going to act as a support during the day. If a pullback from this line happens, bulls will have a chance to reach a resistance at 1.2900 – 1.2911.
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.
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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...
