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Eurusdsell

EURUSD: Bearish 1H Possible Rejection at 1.09070The EURUSD pair is bullish in the short-term, however, a correction may occur if the price rejects at the current level of 1.09070. The outcome of the February rate decision may also greatly impact the value of the pair. Traders and investors should keep a close eye on the market and be prepared for any fluctuations. Fellow traders and investors, it would be valuable to share your thoughts and opinions and stay updated by following me for more information.
Short
by ClintOnos
1
EURUSD Where To Next SELL @ 1.10??We are marching towards the 1.10 WEEKLY SUPPLY/SELL zone after breaking through 1.08 post CPI yesterday price has also created a new high in the current leg also creating a newly formed DEMAND/BUY zone around 1.06. Because we are also taking out previous swing highs off the last downtrend and creating new DEMAND/BUY zones on the way up it looks like we are now moving into an uptrend on the weekly charts. What you should expect to occur next is for a move up towards the 1.10 weekly SUPPLY/SELL zone this will be a good area for a good area for a short SELL trade to target the newly formed DEMAND/BUY zone around 1.06. This area will also be a good area to buy back in to target the Monthly SUPPLY/SELL zone at 1.14. I will start to look for SELL signals on my TRFX indicator above 1.09. Hope you enjoyed the post
Short
by TheFxAce
10
EURUSD possible reversal!!Currency Pair : EURUSD Possible direction : Short-term Bearish Technical Analysis : After strong bullish move EURUSD is currently forming a reversal to come for a deeper retracement to previous resistance turns support. As the price already reached important level of resistance without significant retracement, highly likely price will pullback to 1.0635 level where previous resistance turns support. Possible trade recommendation : Short-term bearish as per chart sketch Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
Short
by ForexWizard01