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Eur-usd-short

EUR USD signal EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles. Confirm signal
Short
by JohnHarry_7
4
EUR USD signal EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles. Confirm signal
Short
by JohnHarry_7
EURUSD: Overall view Greetings Traders, Key Levels Around 1.0700: Today's R1, Previous Day's S1, March S1, and a strong reversal point all converge around 1.0700, indicating significant levels to monitor. Yellow Bullish Channel: It's imperative to watch for any breaks below the yellow bullish channel, as this could invalidate our current analysis. Take Profit Targets: TPs are set at the bottom of the channel and today's pivot around 1.0665. Upcoming Events: Keep an eye out for surprises in today's retail sales announcement and tomorrow's Federal Reserve Chair Jerome Powell speech, as these could potentially alter market direction or affect optimal entry levels. Short-Term Trading Strategy: Short-term traders may consider taking long trades if the price surpasses 1.0670. Best regards,
Short
by AliSignals
EUR USD support zone EUR/USD holds positive ground near 1.0811 during the early European session on Friday. The major pair recovers despite the renewed US Dollar demand. Market players will take more cues from the Eurozone inflation data due later in the day. Wage data is pretty high up on the ECB’s list of concerns with its members opting to view Q1 wage data before indicating when exactly it may be appropriate to cut rates. Then later today EUR/USD is likely to see an uptick in intra-day volatility when US PCE data comes out 30 minutes after the inflation print. Confirm Chart
Short
by JohnHarry_7
EURUSD - Short trade FX:EURUSD Based on swing trade idea, using Fibs on daily TF, I see an opportunity to short this pair using fibs level and price action, swing high and swing low on higher time frames. Also EMA 200-100-50-20 indicate a strong downtrend Current short move started from around 1.126 where EUR/USD finds the resistance level Last 3 highs and lows create an rising channel but overall the pair is bearish and if we move to Monthly TF can observe better the area were we are, testing the previous support that becomes resistance for current move.
Short
by Andrei_C
EUR / USD - IS THE UPWARD FLIGHT COMING TO AN END?My analysis today deals with how the further course of our popular currency pair "EUR / USD" could look. > The technical analysis and selected indicators, confirm the thesis of an imminent correction. = Why this is so, that I explain after the introduction. The DXY / USD has a non-negligible impact on EUR /USD, as the whole economy depends on its behavior. > Meanwhile, this seems to take run-up, for a final upswing, which could bring the precious metal under massive selling pressure. > Regardless of these selling pressures coming from the USD, SILVER has been somewhat caught at a very strong resistance, which foreshadows a falling price. In the following, the analysis goes into detail, so that the significant levels and areas are known to you. For this purpose, I have performed a "MULTI-TIME-FRAME" analysis, which refers to the higher time units (month & week) and thus makes the big picture visible. Normally all time units below "1h" are called noise, but even a - 1h-4h - analysis is of no use to you, if the knowledge about the big and whole is missing. > We traders know that no one can predict the future and that is exactly why you have to be prepared for all initial situations. > If the DXY should rise again, that means "BLOOD" for the traditional and crypto markets. > This creates dangers, but also opportunities - it is important to look at the big picture. > Which levels are RELEVANT, I have explained in detail in the following pages. Table of contents 1st part = INTRODUCTION 2nd part = TECHNICAL ANALYSIS = Monthly - Time frame = Weekly - Time frame 3rd part = CONCLUSION PART ONE "INTRODUCTION" After "EUR/USD" formed a top at - 1.235 - in January|2011, a strong sell-off has been unleashed after a retest of the level. > This sell-off completed in September|2021 and formed our current bottom. > That the pair was in a "Symmetrical Triangle", many seem to forget at the moment, which is why I hereby again explicitly refer to it (marked in purple in the picture.). > The breakout of the triangle was the reason for the strong sell-off and is just challenged by the price again. > In recent weeks, we have seen a very strong upward movement, which I believe could be on the verge of a correction. = We are at the lower resistance line of the previously mentioned "symmetrical triangle" which played a major role from 2017 to 2022 |. = Significant FIBONACCI levels and SUPPLY zones, are located in the zone and thus represent a magnet for institutional investors. = This means translated that the price can bounce off the "Symmetrical Triangle". However, it cannot be ruled out that the institutional investors, will take the liquidity located at the "magnet levels." = To get some clarity, we must wait for the reaction of the DXY, which will decide the following course of the EUR and the economy. = The "DAILY" - MACD + RSI - both show divergences, which further strengthens the correction thesis. > This divergence is seen in many other pairs trading against the USD, which further supports the thesis of a sell-off. > Once you look at the DXY (USD index) on the higher timeframes, the further sell-off in the traditional markets becomes even more likely. (My DXY analysis is linked below this post, for confirmation purposes). SECOND PART TECHNICAL ANALYSIS For the analysis of the higher time levels, I proceed according to the onion-skin principle. > MONTH - level > WEEK - level > DAY - level These are divided into > SUMMARY > CHARTS The charts are presented in logarithmic scaling, as the given information can be visually presented in a more harmonious way. (This also refers to Fibonacci levels.) 1st MONTH – Time frame SUMMARY The trend channel shown in the chart, in turquoise, was formed since 1978 and since then it was able to maintain itself as a legitimate trend channel. Its mid-trend line showed reactions when confronted and was respected by the market. > The price is outside and had given up in 2018 after unsuccessful attempts to recapture the channel, initiating the MAKRO sell-off. The earth colored trend lines drawn, formed in 2003 + 2008 and served as support or resistance since then. > Price is running into the resistance line (2008) and may be facing the next major task with it. The in the chart, drawn in purple - "Symmetrical Triangle", formed since 2017 and directed the price since then. > The price broke through the triangle in April | 2022 and is currently demanding recovery. The red colored trend line formed in 1992 and represents an inconspicuous but relevant level. > If you look at the past of this trendline, you can see quite quickly what strong influence it played. When we go into more detail about the "SUPPLY & DEMAND" zones, you can look at the "DEMAND" + "SUPPLY" zones I highlighted on the chart. > D|1 - Zone | STRONG = followed a strong move + bounced off lower support line. > D|2 - Zone | VERY STRONG = followed extremely - Strong move + origin 2001. > D|3 - Zone | VERY STRONG = followed extreme - Strong move + origin 2001 + quarterly zone > S|1 - Zone | WEAK = occurred during sell-off, not the trigger. > S|2 - Zone | STRONG = followed a strong move + prominent FIB level + symmetrical triangle + quarterly zone > S|3 - Zone | STRONG = followed a strong move + prominent FIB level + symmetrical triangle + quarterly zone > S|4 - Zone | VERY STRONG = followed extremely - strong + macro FIB level Fibonacci retracements should serve us as additional confirmation, and have been considered in past movements (last decades). > FIB 1 | will serve as the strongest resistance should the price attempt another run up. > FIB level > FIB 2 | are the possible resistance targets, which would be feasible in case of a successful breakout of the "Symmetrical Triangle". > In combination with the 0.328 FIB from the MACRO FIB Level a very strong resistance. > FIB 3 | are the next correction targets, which become relevant in case of a direct sell-off (immediately after this analysis). > FIB 4 | is a strong MACRO support level (0.88), for a further sell-off. Past highs and lows usually serve as resistance/support, one of which we have. > HIGHER HIGH Some levels of interest are in front of us, which in the last months + years, played a strong role for the market. > The currently most relevant - POI (1.145 USD) - represents an important mark already since the year 1980 and thus takes a currently very strong resistance role. > The other POIs are by no means negligible and will play a role in the price development in the coming days, weeks and months. (Therefore, take your time and transfer the ones that are relevant for you into your chart). CHARTS Overall picture Overall picture without POIs + MSBs ATTENTION In the following time levels, I will only deal with the NEW, added elements. . 2nd WEEK – Time frame SUMMARY The monthly "SUPPLY & DEMAND" zones are joined by others from the weekly view that coincide with other resistance / support elements. > D|1 - Zone | WEAK = is a Rally-Base-Rally Zone, but additional resistance support by MSB (2020) + Trend line (Red) > D|2 - Zone | STRONG = followed a strong move + prominent FIB levels > S|1 - Zone | STRONG = followed a strong move + prominent FIB level + MACRO FIB + trend line resistance (earth colors) > S|2 - Zone | VERY STRONG = followed extremely - strong + macro FIB level + "symmetrical triangle" resistance line *** In addition, no further addition is needed, as the levels from the monthly level also cover the weekly perspective. THIRD PART CONCLUSION "And all without need - the euro is the EU's death." If necessary, this saying refers to the fact that the EURO was never intended to be a permanent currency, but only a transitional one. What this could mean on the future course of the exchange rate, everyone should think about. In summary, it can be said that based on the technical analysis, there are strong reasons for a long-term - falling EURO rate. > Since the price top in Jan|2021 - the quarterly candles were dominated by bearish and the current movement looks more like a rebound. > A possible breakout of resistance elements is possible, but should meet strongest resistance at 1.131 - at the latest. (I have marked this "death zone" with a "purple" area in the cover image). > The divergences in the daily RSI + MACD, suggest a bearish sell-off. For this reason, I assume a weak EURO exchange rate and a strong USD and an accompanying bloodbath in the traditional and crypto markets. > Positioning after confirmation of this thesis = SHORT . If this idea and explanation has added value to you, I would be very happy to receive an evaluation of the idea. Thank you and happy trading! ZIEL IST DIE AUTARKIE | THE GOAL IS SELF-SUFFICIENCY
Short
by ZielIstDieAutarkie
12