Early Short entry EURUSD
Nice confluance at 200 EMA and 1.8000 level, gave a worning to sell the EUR, H1 gave us a power close for early entries. At the end off day if we get a nice power close from the sellers, my confidance rating will justify a short on EURUSD.
Technical analysis is only conformational step to these positions.
A breif description of key factors behind this Position.
Recent macroeconomic trends and central bank policies support a bearish outlook on EUR/USD, with fundamental factors converging to strengthen the USD while weakening the EUR.
1. Divergent Central Bank Policies
2. Growth and Inflation Differentials
3. Geopolitical Risks
4. Market Sentiment and Positioning
**Conclusion**: The EUR/USD pair appears primed for a short position based on strong USD fundamentals against Euro weakness. This trade capitalizes on the economic and policy divergence between the U.S. and Eurozone and the USD’s safe-haven appeal amidst uncertain global conditions.
Technical analysis is only conformational step to these positions.
A breif description of key factors behind this Position.
Recent macroeconomic trends and central bank policies support a bearish outlook on EUR/USD, with fundamental factors converging to strengthen the USD while weakening the EUR.
1. Divergent Central Bank Policies
2. Growth and Inflation Differentials
3. Geopolitical Risks
4. Market Sentiment and Positioning
**Conclusion**: The EUR/USD pair appears primed for a short position based on strong USD fundamentals against Euro weakness. This trade capitalizes on the economic and policy divergence between the U.S. and Eurozone and the USD’s safe-haven appeal amidst uncertain global conditions.
Note
Good push by the bulls. not much accomplished. All research conducted still supports USD strength. Just a waiting game for the election. Some volatility is expected, but as far as I have deducted either party winning could be good for USD at least in the short term. Will comment more when we get the info. As of now confidence rank still 90%+
Trade active
The election pushed the price, but didn't really do much. It only provided, a glimpse to what it is to come.
Of course nothing is 100% but at least gave us the feel for it.
New week new events to look forward to. As of now, Dollar strength is still high, charts look good, so now we just smile and watch the pips collect.
Note
Technical Overview
The EUR/USD pair has approached a critical support zone. While the bearish momentum has been strong, I am exerciseing caution as the area could act as a temporary floor for the pair.
If the support level holds, we may see a bounce. However, a break below could open up further downside potential. Adjusting stoploss to protect the capital while remaining open to let the price develope perhaps even increasing the position if technical and fundamental signals align.
Fundamental Outlook
Bearish Bias: Maintaining a bearish outlook on the EUR/USD due to ongoing economic weakness in the Eurozone and a relatively resilient U.S. economy. However, the situation remains fluid, and we will continue to reassess based on incoming data and shifts in central bank rhetoric.
Risk Management: As the pair trades near key support, I am cautious about any potential reversals. The focus will remain on economic developments and sentiment shifts that could impact this positioning.
Trade closed: target reached
Position liquidated, Couple of pips before target. Nerves got the best of me. Still, wont get to mad at myself difference was just 8.9 pips. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.