Trading Opportunities for the Week Ahead – 22 Feb 2021

By Furqan Fakar  Wait EUR/USD – MT is Sideways Normal Daily chart. Technical Overview: Price remains in an area of consolidation. After the failed breakout below 1.2070, I expect the market to push higher in an attempt to break 1.2170 and aim for our target of...

Trading Opportunities for the Week Ahead – 8 Feb 2021

Wait EUR/USD – MT is Bear Normal Daily chart. Technical Overview: Price failed to hold at the 1.2070 support and ended the trading week below that level. Though this may suggest a continuation move down towards the secondary resistance level at 1.19, the formation of a...

Trading Opportunities for the Week Ahead – 14 December 2020

Buy EUR/USD – MT is Bull Normal Daily chart. Technical Overview: A bullish engulfing candle has been formed above the secondary resistance level signifying that the bulls are in control. However, the pair is currently in a consolidation phase between 1.20722 and 1.21746 last week. I...