Eur-usd-short
EURUSD ShortFundamental analysis
Euro:
Bearish
Cutting interest rates deeper into negative and Christine Lagarde looking to cut them even more.
Data coming out of the Eurozone is negative (German auto-industry and export data from France = two biggest economies in Europe).
Eurozone near a recession (hence why the UK want to abandon ship so dearly).
China and Japan pulling out the investments made into the Eurozone (in countries like Portugal, Greece, ...) meaning a capital outflow.
USD:
Bullish
Strong/moderate economic data.
High interest rates (even though Trump is looking to cut interest rates to counter an overly strong USD).
Reserve currency.
Technical analysis:
Price is looking to break through the 20-day moving average to retest the resistance between 1.10200 and 1.09950.
If it "wicks" through the resistance upon the downward sloping trend line I will enter. If not I will stay clear. Good entry or no entry.
Entry: 1.10270-1.10280
TP: 1.09000
EURUSD - Intraday Setup - 10th SeptemberOn Daily Chart:
It's still on a strong bearish trend. EMAs and MACD still strong on short. You can sell on the upper edge of trendline.
On H Chart:
Price is struggling at triangle area. What'd you do? Wait for signal when price breaks the triangle?
Goodluck!
-------
Follow me on Twitter: twitter.com
-------
Trading Foreign Exchange Currency Pairs (FX/Forex) and/or Contracts For Difference (CFDs) on margin carries a high level of risk to your capital.
EURUSD Movement downHey everyone . I just was analysing the EURUSD chart and I saw a really good opportunity for setting up. Everything is pretty clear. As you can see, now we have an up trend and we are close to the correction and our RSI Divergence and oversold help us to understand it. Now we have to wait for the correction which we determined with the Fibonacci retracement , the level 0.382
forexTrdr EURUSD TURNING OVER FROM OVERSTRETCHED LEVELSMorning traders,
We are looking at the setup on Euro versus US dollar with the pair having run up over 200 pips since last Tuesday and now looking overbought short term as it reaches resistance levels just short of 1.14. We are therefore looking for Euro to pull back lower and retest support levels in low 1.13 area
We have highlighted both overbought levels on RSI and Stochastcis turning over to head lower on our trading view chart work.
from the Team at forexTrdr
find us on instagram, twitter and Alexa flash briefings
EUR/USD Broke an important level today. What to expect? Hi guys,
I have analyzed this pair and we can see some interest things going on lately.
On the above H4 chart, you can see that the price is in the middle of a channel. Price just broke the Lower Low (LL) levels @ around 1.12.
We are clearly in a downtrend and it's still time to catch it!
The trading plan is the following:
Wait for the pair to pullback at around 1.12 levels (previous LL). We need to see a rejection H4 candle which will give us the impulse to sell. The sell trade will thus take some days, unless we see volatile price action in the upcoming hours.
The target is the bottom of the current structure which is also a weekly fib level. An important one since it's the 61.8% retracement. This price level is around 1.10350.
This idea is for educational purpose only, trade at your own risk.
Terminology used in my chart: LL = lower low, HL= Higher Low, LH= Lower High, Fake BO = Fake breakout, H = High, L= Low
Feel free to comment/Like my ideas.
Happy trading!
Jesse
EUR/USD 1H Short opportunity we can short eur/usd if pattern is complete
targets and stop lose are clear at chart
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>