EUR/USD continues to lose ground for the sixth successive session, trading near 1.0610 during the Asian hours on Tuesday. The elevated US Dollar is exerting pressure on the pair, potentially influenced by the higher US Treasury yields. On the upside, EUR/USD is projected to find early resistance at the key 200-day SMA of 1.0827, ahead of the April top of 1.0885...
We are expecting EurUsd to head south after some key technical indications and fundamental analysis Details of trade explained in the video
Time Frame: 4H Symbol: EURUSD Entry: 0.99793 TP: 0.98345 SL: 1.00748 Bias: Short The current price pattern of this instrument is displaying a short bias and the recent price fluctuations is more or less showing a bearish tendency and therefore we can anticipate a short opportunity set up.
Time Frame: 4H Symbol: EURUSD Entry: 1.01823 TP: 1.00106 SL: 1.03067 Bias: Short Planning a short entry for this pair considering the current price level and tendency for a bearish drive.
Time Frame: 4H Symbol: EURUSD Entry: 1.01545 TP: 1.02956 SL: 1.00500 Bias: Long Our plan is to run for a long opportunity from the current price context.
Time Frame: 4H Symbol: EURUSD Entry: 1.00471 TP: 0.99187 SL: 1.01421 Bias: Short We are looking for a selling opportunity from the current price context.
Time Frame: 4H Symbol: EURUSD Entry: 1.00288 TP: 0.99007 SL: 1.01212 Bias: Short For this pair our bias is short. We are looking for a selling opportunity from the current context.
Time Frame: 4H Symbol: EURUSD Entry: 0.98823 TP: 0.97398 SL: 0.99949 Bias: Short The trading bias for this pair is short and our goal is to find out a suitable short opportunity.
Time Frame: 4H Symbol: EURUSD Entry: 0.99568 TP: 0.98142 SL: 1.00979 Bias: Short The current scope for momentum drive is meagre but the overall bias is short and therefore we head towards a sell trade.
Time Frame: 4H Symbol: EURUSD Entry: 1.00257 TP: 0.98815 SL: 1.01091 Bias: Short We are bearish for this instrument. We do not have any explicit directional bias for it.
Time Frame: 4H Symbol: EURUSD Bias: Neutral We do not have any specific trade pattern for this pair for the time being.
Time Frame: 4H Symbol: EURUSD Entry: 0.99926 TP: 0.98629 SL: 1.00895 Bias: Short The price pattern of this instrument is showing a bearish bias and therefore our expectation is in the sell side.
Time Frame: 4H Symbol: EURUSD Entry: 1.00352 TP: 1.00352 SL: 1.01368 Bias: Short Our bias for this instrument is bearish and we are looking after a selling opportunity.
Time Frame: 4H Symbol: EURUSD Entry: 0.99983 TP: 0.98787 SL: 1.00797 Bias: Short We are planning a short trade for this pair considering the dynamic support and resistance.
Time Frame: 4H Symbol: EURUSD Entry: 0.99683 TP: 0.98277 SL: 1.00456 Bias: Short We are looking for a selling opportunity from the current price pattern.
Time Frame: 4H Symbol: EURUSD Entry: 0.99326 TP: 0.97893 SL: 1.00494 Bias: Short The trend is slowly accumulating bearish strength and establishing its bearish bias and therefore our plan is to make a sell trade.
Time Frame: 4H Symbol: EURUSD Entry: 0.99087 TP: 0.97477 SL: 1.00411 Bias: Short Current pattern of this instrument is displaying a bearish tendency and the current trend is also bearish and so we go for a sell opportunity.
Time Frame: 4H Symbol: EURUSD Entry: 1.00088 TP: 0.98584 SL: 1.01197 Bias: Short The established trend is bearish and the overall volatility is suggesting a selling bias and therefore we are to go short.