Get started

Eurshort

Russian Ruble - Higher Inflation data to trigger RUBLE Buying Fundamentals Today's Russian inflation data could increase market bets of an interest rate hike by the Russian central bank in August. Against low-interest-rate yielding currencies like the U.S Dollar and Euro, we could see a stronger Ruble as long as the risk of U.S sanctions on Russia does not persist. Key Points: Russia’s inflation currently stands at 5.50%. This overshoots the central bank's inflation target of 4.00% Markets betting on a rate hike by the Russian Central Bank August from 5.00% to 6.00% Russian 10 Year Bond Yield sits at 7.20%. Higher Inflation data could push up bond yields are cause the currency to strengthen. What To Watch Russian Employment Data & Unemployment Rate Oil Prices Inflation Rate Trade Idea’s Higher Inflation - Buy RUB Technicals RUB at major support levels against EUR @ 88.00 RUB at major support levels against USD @ 72.00 ATR Volatility USD/RUB 5.64% EUR/RUB 5.17%
Short
by KayansMarkets
Eurusd multiple analysis says we are going south Welcome! What's up traders! Thanks for Jumping on my Analysis, 👨💻 Hit the thumbs up 👍 and support the work. Follow the trade plans and notes. Make up your own trade setup and make sure you meet with the required confirmations first, before you make your move! Traders Disclaimer: None of our analysis or trade setups which is shared here on the trading view is trading advice. Trade Setup First scenario i) After this long uptrend now the market is clearly in the distribution process. ii) The red lines indicate the distribution process on the chart. Notice that the last two tops are decreasing (yellow line). This confirms that the market might be distribution at this point. iii) To complete the Wyckoff spring it can break the yellow line at point W ( 1.1965) or above previous resistance 1.20 point X. Second scenario iv) we have head and shoulder pattern at daily TF and break below the neckline and the restest of the neckline can give us a better short position. Most importantly we have NEW COT reports which clearly shows big banks and institutions have closed their 32k long position from the last three weeks. 11k is last week, so next week we can see downtrend, towards monthly 38% fib 1.13 .. please comment if you have a better idea. Hit the thumbs up 👍 and support the work.
Short
by Fazm
1
One more Attempt towards 1.2000$ before Big correction downside.As long as trading is conducted above the range of 1.1854, you can expect the EUR/USD to continue growing to the resistance area of 1.1905, where I recommend taking the profits. However, A consolidation above 1.1905 will open a direct road to the highs of 1.1949 and 1.2010 ( One more Time possible to hit 1.2000$ before big correction downside coming monthly) If the pair again falls or fail to break 1.1890 then returning possible towards support levels larger support of 1.1810$ and 1755$. Events: FED meeting Wednesday evening, expecting some more clear fed about Policy, I am expecting short term Bullish dollar. Indicators: Moving averages Trading is above the 30 and 50 daily moving averages, which indicates an attempt by the bulls to resume the upward correction of the euro. MACD indicator (Moving Average Convergence / Divergence - moving average convergence/divergence) Fast EMA period 12. Slow EMA period 26. SMA period 9 🛑SUPPORT/RESISTANCE ✅S1= 1.1810 ✅S2=1.1725 ✴️R1=1.1890 ✴️R2=1.1945 Please like, share, comments and follow me to get daily base analysis. Thank you for your support, I appreciate it.
Short
by Allmypips
Updates: Sell signal of Euro Hello guys, in this technical analysis, it's my second updates, so, the previously technical analysis I see that was discard, because the par is not in the demand, we are in the bearish, because in Daily timeframe I mentioned previously that we could see a possible short position, so this is a great short position and my target profit is 150 pips approximately in the 0.382% of Fibonacci. Look below This is a bearish divergence in the price action and RSI, both make a bearish movement strongest. So, about the fundamentals, I mentioned that in Euro/Sterling Pound that Euro is struggling to fight agains the rivals as Australian Dollar, Canadian Dollar, New Zeland Dollar, Jen Japanese, US Dollar, and other par tat you know. So, I put in short postion until the $1.1596 USD, that is my traget profit. Then, it's the H1 timeframe and we see that situation of what they show us.
Short
by harisonhbn9718