Trading Opportunities for the Week Ahead – 26 April 21

By Furqan Fakar  Buy EUR/USD – MT is Bull Normal Daily chart. Technical Overview: A strong breakout above the key 1.20 figure, signifies increasing bullish pressure. I will wait for a dip to  buy the pair, aiming for the key resistance level at 1.24. The bullish...

Trading Opportunities for the Week Ahead – 19 April 21

By Furqan Fakar  Wait EUR/USD – MT is Bear Normal Daily chart. Technical Overview: Price is trading near resistance and is approaching a descending trendline. It is best to wait to see if the price can break above the descending trendline to continue higher towards 1.24...

Trading Opportunities for the Week Ahead – 12 April 21

By Furqan Fakar  Sell EUR/USD – MT is Bear Normal Daily chart. Technical Overview: Price was rejected after fulfilling our target price and is now testing resistance at 1.1950. While the pair trades below this level, I will look for a sell setup aiming for 1.1712.. ...

Trading Opportunities for the Week Ahead – 22 Mar 2021

By Furqan Fakar  Sell EUR/USD – MT is Bear Normal Daily chart. Technical Overview: Price is currently consolidating. We can expect a strong move typically after a consolidation phase. With the formation of a minor double top, the bears are currently in control. However, we will...