EUR/USD Short Trading OpportunityEUR/USD Short Trading Opportunity
1. The price closed below the Trend Magic Indicator line.
2. US Dollar Index DXY uptrend continues.
3. Vortex indicates downtrend signal.
4. Retail trader data shows 62% of traders are net-long. Strong contrarian short signal.
SL - above the Trend Magic Indicator line or Vortex indicator change trend signal
TP - 1.0455
Keep It Simple and Always Trade With the Trend!
Please, Support Our Work with Like & Comment! Thank You!
Eurusdsell
EUR/USD Pre-nfp AnalysisEU this week got nice run to the downside as expected in the last EU analysis that you can check on my profile, these past few days we entered in two consolitdations which is the typical price action before NFP, and formed MMSM, I'm expecting NFP to push EU higher to the 1h FVG and I would be looking for some confirmations in the lower times frames to take a sell down to initial consolidation .
EURUSD END-WEEK ANALYSIS-UPDATE 24/09/2023EUR/USD Analysis: Riding the Forex Waves Amidst Dollar Strength
As forecasted, EUR/USD witnessed a recovery following three consecutive days of decline, aligning with our previous insights. However, this forex journey is marked by ever-evolving dynamics.
With the US dollar poised to regain strength, I'm now focusing on anticipating another potential downside move. But there's a critical condition: this projection depends on the dollar maintaining its price above 105.864. Join me as we navigate the intricacies of this dynamic market, and stay tuned for the next chapter in the EUR/USD story! 📉📈 #EURUSDAnalysis #MarketOutlook #TradingView
EUR/USD AnalysisAs expected yesterday on our analysis that you can find on my profile, EU got a nice run down from the 1h OB, now I'm waiting to see if we get some retracement into the hourly FVG before taking the liquidity below 1.04880, if it's the case it would be a second opportunity to get involved on sell .
EURUSD: A complete analysis!EURUSD
EURUSD hit rock bottom on Wednesday when it dropped to 1.0487 lowest since early march, this is all because of investors continue to be more interested in US DOLLAR. However, after analysing we find out that there few key economic factors that may play a huge role in the future of this pair. If ECB conveys tough message against inflation, this will ultimately divert investor to have an alternative option to USD presence. However, recent actions from ECB shows that ECB are more worried about inflation itself and does not show any strong action of fighting against it whereas DXY remain more strong and trustworthy due to FED strong testimony of fighting against the inflation.
Furthermore, the recent market sentiment weighed on US Dollar, recent economic data proves the economy is fast paced growing whole Jobless claims came in lower that expected at 204,000.However, ECB comments on EUR had minimal impact on the currency and experts believe there will be no price hike in October and December.
So what’s our long term view, we believe price will continue to fell until next year,there will some sort of corrections that will occur in the market but ultimately it will be the sellers who will have the impact.
Like our work? Then please like and comment your views let’s make the community knowledge by sharing pov with each other
EURUSD SHORT!Hey Traders,
New Analysis on EURUSD, which still I believe that we can have extreme drop, but as always price doesnt want to take retail traders, so they just playing with the price now, according to the data so far EUR zone is under pressure much more than USD, so I still believe we can have bearish move very soon with high pressure, lets just wait for it,
I am not entering new as I sold from the area I mentioned, so I am going to hold for long term!
Sorry for the mess on the chart, I check these levels in lower timeframe! in lower timeframe which I will share later we got the new entry, I will try to share it with you guys!
Any question comment me bellow guys!
@FxShzd
EUR/USD AnalysisHello traders, as expected in the previous analysis that you can find on my profile EU had nice run to downside, coming to next week I'm expecting it to continue the bearish momentum the next long term draw of liquidity would be 1.05183, from a short term perspective I think this pair will take the liquidity shown on the chart before a further dump, in this kind of situations I'm intrested only on sells .
EURUSD: Overwhelmed by the USDThe ECB meets later in the session, with policymakers having to decide whether to raise its key interest rate to a record level, or pause its lengthy rate-hiking cycle as the eurozone’s economy deteriorates.
The central bank has raised rates at each of its past nine meetings and another increase of 25 basis points would lift the key deposit rate to 4%, the highest level since the euro was launched in 1999.
ECB President Christine Lagarde hinted at a pause this month at her press conference following the last meeting in late July, but Reuters reported on Tuesday that the central bank was set to raise its forecast for inflation next year to more than 3%, seemingly increasing the chances of a hike.
“We expect a very heated debate with a close outcome. While there are good arguments to justify both a pause and another rate hike, we are sticking to our view that the ECB will hike rates one final time,” said analysts at ING, in a note.
EUR/USD: Entering Into A Bear MarketEUR/USD reversed its direction and fell below 1.0800, reaching 1.0775, the lowest level in a week and closed under 200-SMA. Following an initial negative reaction to NFP data, the US Dollar experienced a significant rally and is maintaining its strength towards the end of the week.
WE ARE ENTERING INTO A BEAR MARKET. STRONG SHORT ENTRY SIGNAL
The price closed under 200-Day Simple Moving Average
The price is below Trend Magic Indicator and shows future bearish trend signal
IG Client Sentiment shows strong bearish signal, because 72% of retail traders have open net long positions
We have to Stop-loss or Take-profit when the price close above the Trend Magic Indicator!
EURUSD SHORT! SCALP!!Hey traders, I am seeing strong poi just in 15 sec and however, in 1 min and 5 min we clearly see ChoCh,
So we expect a bearish move to buttom of the spike move, so as soon we can we make this trade risk free,
As I am writing price is just moving so missed to share entry with you,
comment me bellow if you have any question,
@FxShzd
EURUSD SHORT!! EYES ON DATA!What we see on the EU is quite clear,
So we expect price to have bearish move in higher time-frame, in lower time frame we can collect some orders just above then we start out bearish move,
I do not believe we break 1.08464,
This week is challenging week for EU as we have different data coming in euro-zone,
SO you have to be careful of the data and you have to study them properly then imply them on the chart,
For now we are above important demand zone we expect to collect more liquidity from above to have a strong bearish move,
Personally waiting for London Session to open then decide and see how it goes,
Any question comment me bellow!
@FxShzd team
EUR/USD choose the break - I say down to 1.000I'm really not good at analysis when markets are in a range and predicting the breaks unless the breakout patterns are strong and impending.
IN this case, it could be a Rising Wedge, which requires a breakout to the downside.
Or it could be a rising Wedge, where the breakout can turn up and go above the apex.
I'll route for a breakdown, purely based on the 21>7MA - down momentum and RSI<50.
Then potential target will be back to 1.0000.
Which way do you think it's going?
EURUSD ready for sellEuro has the same conditions as gold. I suggest you see my previous analysis on gold.
In Euro, we see the change of character (CHOCH) and then the breaking of the structure (BOS). So we are in the bearish structure.
we are looking for the best range for sale. The area of 1.1080 to 1.1098 is a suitable area for a sell position and we have a strong block order that I expect will push the price down. Then we will update the analysis to return the price.
3 Entries On EUR/USD Fully Closed +680 Pips , New Entry Valid This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.