Eurusdforex
EURUSD ShortTime Frame: 4H
Symbol: EURUSD
Entry: 1.05545
TP: 1.01995
SL: 1.08783
Bias: Short
For this instrument the established trend is bearish but the instrument is currently trying to do some sort of reversion in order to establish a balance .However, the strength of dollar is working against it and that is why our bias is short.
EURUSD ShortTime Frame: 4H
Symbol: EURUSD
Entry: 1.05310
TP: 1.01362
SL: 1.08093
Bias: Short
A deep analysis of sentiments of traders for EURUSD shows that 80% of the traders are bullish but the problem is the pair has created a stairway to chasm of no return . In spite of all fundamental factors or even market sentiments, the situation can be made worse by the NFP and Fed intervention. Though there is a ray of hope for upward move but the downward move will be heavy and it will take the pair to a new level. So, we are bearish.
EURUSD ShortTime Frame: 4H
Symbol: EURUSD
Entry: 1.07482
TP: 1.05122
SL: 1.08818
Bias: Short
Our bias for EURUSD is short. We believe that the pair will go further down creating a better shorting opportunity. There is no quick turn around from the current situation. So let us look for a selling opportunity.