Get started

Euroanalysis

EURUSD : Analysis for Day tradingEURUSD Technical Analysis: Target at 1.09300, Sell Range at 1.09600 In this article, we will provide technical analysis for EURUSD and discuss potential trading opportunities. The current market conditions and chart analysis suggest a sell range at 1.09600, with a target of 1.09300. Traders should set a stop loss around 1.09800 to limit their potential losses. Chart Analysis Let's take a look at the EURUSD chart : As you can see from the chart, EURUSD is trading within a descending channel. The current price of EURUSD is 1.09450. The recent price action has been indicating weakness in the EURUSD, and there is potential for further downside movement. Sell Range and Target Based on the chart analysis and market conditions, we recommend a sell range at 1.09600. Traders should aim for a target price of 1.09300. This provides a risk-to-reward ratio of approximately 1:2. Risk Management Risk management is crucial when trading. Traders should always set stop losses to limit their potential losses. Trading Strategies Traders can use various trading strategies when trading EURUSD. Some traders may prefer day trading, while others may prefer swing trading. It is essential to choose a strategy that suits your trading style and risk tolerance. At Gold Signals by Professor, we provide day trading levels and swing levels with proper guidance. Traders can click the website link in the bio for regular updates on trading.
Short
by Kunali7
Euro can continue to fall and break support line of triangleHello traders, I want share with you my opinion about Euro. Watching the graph, we can see how the price formed a resistance area 1.0760-1.0770, from which it begin to decline and subsequently formed a symmetrical triangle. We see how the price has re-tested the support line and risen. Euro is now trading below the resistance line of triangle, but may continue to rise and test it. After a possible retest of the resistance line, the price can begin to fall and break through the support of the triangle. I think the price can exit the triangle and continue to decline. Based on this analysis, there are set targets for the Euro at level 1.0610, which coincide with the support line of the triangle and at level 1.0575. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
9
AW Euro Dollar Analysis - Officially In Bear Mode...The break of support signaled me to go straight into bear mode with on-the-spot analysis live in this video... As a result of the previous idea on what I expect to happen in the market over the coming weeks this was a timely update which is why I was quick to make this video. As this point the markets will definitely psych you out if you do not follow this method. Resistance is at 1.08776 if you want to short now. (Not financial advice.) Check out my previous idea linked below that spell's disaster over the coming weeks. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research. ***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
Short
by AriasWave
1
⭕️SELL EURNZD🧐🔰You see the analysis of the Euro against the the New Zealand Dollar in One hour ( EURNZD , H1)❗️🔎 🔰SELL EURNZD at 1.59400 ✅TP ; 1.56000 ❌SL ; 1.60300 🔰As is evident from the image, the price moves in a flag pattern. Considering the presence of the price in the resistance line of the flag pattern (white downtrend line) and the supply range (purple) the sale in this area seems to be low risk. The target is placed in the flag support line (the lower white downtrend line) ❗️🧐 ⚠️⚠️Please observe capital management and open a low volume transaction❗️❗️ I hope this analysis is useful for you🙏🏻🌹 📌Please introduce the "TRADER STREET" to your friends 🙏🏻 _______________________📈TRADER STREET📉________________________
Short
by TRADER_STREET
Euro Currency Index (EXY) Analysis 10/03/2021there exist a very steep Bearish Divergence between the price and MACD and Its Histogram, which is the sign of trend reversal. the price has already broken the low bond of the ascending parallels Channel where it was rallying earlier. price has retested the Support line and it didn't stand after the second attempt and now turned to resistance, which is a very important sign of the trend change and index fall we can target the golden zone of the Fibonacci retracement of the impulsive wave in order to find the depth of the price correction and retracement.
TVC:EXYShort
by BitonGroup
4
EUR/USDGood Day Everyone! Made some analysis regarding EUR/USD. Color Legend: Purple - Monthly Blue - Weekly Red - Daily Green - 4 Hour White - 1 Hour To get "straight" to the point. First look on the daily is showing us a strong Up trend, confirmed by a cross of the 200 EMA. Now ideally we can wait for a re-test of that area, the Daily closing candle is a Inverted Hammer/Shooting star. Usually a sign of a trend reversal, I'd wait for a confirmation of the uptrend, although I'm confident in its continuation. Regarding the Daily, a retracement is possible, and expected, to confirm the trend. We closed the 4H with a doji/spinning top. Sign of an undecisive market. 4H showing clearer sign of a possible retrace towards 1,10640 The 1H is showing us an inclination to a continuation of the Bullish sentiment. We closed with a Inverted Hammer. It's a clear sign of a reversal, possible retrace. Expecting to retrace to 1,10640 as mentioned before, after finding support it is expected to continue in the upward move. On the 30min we can see 2 tweezer tops. Confirming the previous bullish sentiment and a trend continuation. Pivots are supporting the expected move towards 1,10640 - 1,10675 as there is a S1 Pivot Support on the hourly in those areas. Please DO leave a comment, if you see it differently or if you agree. Possibly if i missed something feel free to leave a comment! Every feedback is appreciated, after all we are learning something new every day! Disclaimer: This is not a tutorial! Neither a Signal, please take care of your accounts and manage your risk well when trading/investing! If you are a beginner or a pro doesn't matter, feel free to join our free trading group where we are putting together interesting, educating content for traders like you & me! Everything free of charge as I feel its my duty to slam a hammer on the fake gurus out there who charge ridiculous amounts of money for their courses and in the end it leaves you in the RED!
Long
by im_MrTony_
3
Will EURUSD pop or drop, long side looking a little better...We're at a crossroads on EURUSD, with recent pops on the pair one of 2 things can happen. A break out higher to 1.14 or a drop back down to the 1.105 level. We'll make the case for both below: 1. Bull Case: Currently, the daily candle is long and strong with no or very little wick, meaning the buyers are strong on the move. It broke above the previous resistance level at 1.118, we wanted to see a wick form there and a failure below for the bears. What we could see is a move into 1.1235 and a drop retrace to the broken double top and continue up to 1.14. over the past few months price has been in an uptrend without printing a new low, if market structure holds then we will see a new high. 2. Bear case, price fails and forms a strong wick before the day ends and closes below 1.1178 for potential sell entry. You have to watch this on an intraday chart a 4-hour chart to identify the rotations and the long wicks to confirm. Alternatively, price can move up to the next strong resistance at 1.1235 before failing.
by TRADEPROAcademy