
A police superintendent has been arrested in India on suspicions that he is connected to an extortion scheme against a local businessman.
via CoinDesk
The EUR/USD is stable in the wake of a new week, but its prospects have not improved. The Technical Confluences Indicator shows that stronger clusters of resistance remain to the upside while fewer confluence zones await on the downside. The pair is struggling around 1.2280, where we see congestion of the Simple Moving Average 5-15m, the SMA50-15m, the [...]
The post It is just easier for EUR/USD to fall than rise: more resistance than support appeared first on Forex Crunch.
EURAUD has been Bullish on the H4 chart. The pair produced two H4 Bearish candles today. The current candle seems to be Bullish so far. If this candle continues to go towards the North and makes a breakout at today’s higher high, then we might get an opportunity to go long later today. Let us have a look at the H4 EURAUD chart.
EURAUD Price Action Analysis – 23rd April 2018
Have a look at the current candle. It has been Bullish by having a Support at the level of 1.59785. If this candle keeps going up and makes a breakout at 1.60310, then the buyers are going to wait for an H4 corrective candle to be held by the breakout level and an H1 Bullish candle to be formed right at the breakout level to take a long entry. Let us have a look at the summary of the trade…
This month has been quiet so far. We have not had good technical moves on the major pairs in the last 3 weeks. However, I assume this week would be a good week for the technical traders. As a trader, I would spend more time at my trading station to keep my eyes on the pairs to take entries. Of course, I would not be in a hurry in taking entries. If things go accordingly, only then I would take my entries. I assume the Forex market will run accordingly by offering entries to the technical traders to finish this month off.
The post EURAUD Price Action Analysis – 23rd April 2018 appeared first on Advanced Forex Strategies.