How To Make Money Today: Daily Market Analysis and Forex Trading Signals 11 April 2022

To assist you to make a good day-trading selection, we’ll cover the newest forex market analysis. Make more money today with our market analysis. You must know how to trade first and have at least a simple understanding of chart patterns. Aside from that, we’ll cover some basic tips and methods that can aid anybody curious in day trading strategies. So let’s start by looking at some charts from today…

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EUR/USD :

On the H4 timeframe, price is near a key pivot. We see the potential for a bearish reversal from our 1st resistance level of 1.09471 in line with 38.2% Fibonacci retracement towards our 1st support level of 1.08135 in line with a graphical swing low support. Our bearish bias is supported by price trading below the ichimoku cloud indicator.

Areas of consideration :

H4 1st resistance at 1.09417
H4 1st support at 1.08135

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