EURUSD price forecast and levels
📉 EUR/USD SELL SETUP 📉
🔹 Sell Entry: 1.05040
🎯 Target 1: 1.03800
🎯 Target 2: 1.02300
📉 Support Level = Target
📊 Indicator: Exponential Moving Average (EMA) 50 on the 4-Hour (4H) timeframe confirms a bearish trend, signaling strong selling pressure.
📉 Market Sentiment:
⚡ Price is trading below the EMA 50, indicating a potential continuation of the downtrend.
⚡ Technical Analysis: A break below support levels could accelerate selling momentum.
⚡ Risk Management: Always use Stop Loss (SL) and proper lot size to protect capital.
📢 Trade Wisely & Manage Risk! 🔥💰
💹 Stay updated with market movements and adjust strategy accordingly! 🚀
🔹 Sell Entry: 1.05040
🎯 Target 1: 1.03800
🎯 Target 2: 1.02300
📉 Support Level = Target
📊 Indicator: Exponential Moving Average (EMA) 50 on the 4-Hour (4H) timeframe confirms a bearish trend, signaling strong selling pressure.
📉 Market Sentiment:
⚡ Price is trading below the EMA 50, indicating a potential continuation of the downtrend.
⚡ Technical Analysis: A break below support levels could accelerate selling momentum.
⚡ Risk Management: Always use Stop Loss (SL) and proper lot size to protect capital.
📢 Trade Wisely & Manage Risk! 🔥💰
💹 Stay updated with market movements and adjust strategy accordingly! 🚀
Trade active
EUR/USD Trade Update: Sell Opportunity Identified
1. The EUR/USD pair has reached our entry level of 1.05040, presenting a strong sell opportunity.
2. Our technical analysis suggests a potential downside move from this level.
3. The first target for this trade is set at 1.03800 for initial profits.
4. The second target is placed at 1.02300, offering a deeper price drop potential.
5. We are utilizing the EMA 50 on the 4-hour timeframe to confirm trend direction.
6. The price remains below the EMA 50, indicating continued bearish pressure.
7. A break and close below 1.04500 would further strengthen the bearish outlook.
8. Traders should maintain proper risk management while entering this trade.
9. A stop-loss can be placed above 1.05500 to limit potential risks.
10. Market sentiment and economic data will play a role in price movements.
11. Keep an eye on upcoming fundamental events that may impact USD strength.
12. The DXY (Dollar Index) is showing signs of strength, supporting a bearish EUR/USD move.
13. If selling pressure increases, a quick drop towards 1.03800 is possible.
14. Traders should monitor price action near 1.04500 for additional confirmation.
15. A rejection from 1.05040 confirms the resistance level's strength.
16. Volume analysis shows increased selling interest near current levels.
17. RSI and MACD indicators on H4 also suggest bearish momentum.
18. Any pullback toward 1.04800-1.05000 could offer better re-entry points.
19. Patience is key—allow the trade to develop according to our analysis.
20. Stay updated with market news and manage your positions accordingly.
Trade safely and follow your strategy!
t.me/+tEr85TNnuD8xNDc8
Iam Expert Trader iam providing best and confirm signals With confirm Technical Analysis
t.me/+tEr85TNnuD8xNDc8
Iam Expert Trader iam providing best and confirm signals With confirm Technical Analysis
t.me/+tEr85TNnuD8xNDc8
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.
t.me/+tEr85TNnuD8xNDc8
Iam Expert Trader iam providing best and confirm signals With confirm Technical Analysis
t.me/+tEr85TNnuD8xNDc8
Iam Expert Trader iam providing best and confirm signals With confirm Technical Analysis
t.me/+tEr85TNnuD8xNDc8
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.