EURUSD Technical Analysis and Trade IdeaThe EURUSD has experienced downward pressure, evident on both the daily and 4-hour time frames. Currently, the price is overextended, and I am actively seeking a shorting opportunity if the price retraces around the 50% to 61.8% Fibonacci level. In the video, we delve into price action, analyse the trend, evaluate market structure, and discuss a specific trade idea with defined entry points, stop loss, and target levels. As always, please remember that this information is solely for educational purposes and should not be considered as financial advice.
Eurusdshort
EURUSD - SELL SIGNALSell opportunity in the FX:EURUSD with a target at 1.07000 for a profit of 40 pips.
With the data better than expected from the news of ISM Manufacturing PMI and the selling pressure that has existed in today's session, I expect the price falls to the level of 1.07000
Guys, what do you think? Leave a comment with your thoughts.
How to Trade EURUSDThe daily chart shows bearish continuation following the pullback of the 61.8% level from early March.
On screen I have two bearish targets. The first one around the 1.0650 where we may find support from the descending trendline. My final bearish target is currently set at the 1.05 handle where we had support back in October of last year.
== How to trade this pair ==
1. Wait for bullish pullbacks to scale short positions with small lots relative to your equity and aim to hold with a trailing stop.
2. If you decide to go long with this pair, I would only seek small targets.
eurusd sell EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles.
EUR/USD closed in the red for a third consecutive week, ending March just above 1.0767, the monthly low. The US Dollar started the week with a soft tone but started grinding higher on Tuesday, finally gathering momentum late on Thursday amid hawkish comments from Federal Reserve officials.
The EUR/USD pair is currently developing below the 61.8% Fibonacci retracement of the 1.0694/1.0981 rally at 1.0803, which skews the risk to the downside. The daily chart for EUR/USD shows the pair remains below all its moving averages, with a flat 200 Simple Moving Average (SMA) converging with the next Fibonacci resistance level at 1.0835. Finally, technical indicators extended their slides within negative levels, maintaining their downward slopes and anticipating lower lows ahead. confirm signal eurusd sell
Eurusd Short EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles. Confirm Chart sell
Profitable Trading Opportunity: Selling EUR/USD for 30 Pips GainHello Nathima,
Upon leveraging the robust analytical tools provided by TradingView.com, it becomes apparent that EUR/USD is exhibiting a notable bearish momentum. Informed by this analysis, I advocate for executing a sell trade from 1.08300 to 1.08000, poised to yield a profitable 30 pips return. This strategic maneuver is grounded in the comprehensive insights gleaned from TradingView.com, enhancing our ability to navigate the dynamic forex market with precision. Let's harness the power of TradingView's analytical prowess and execute this trade with confidence, optimizing our trading strategy for maximum profitability. Together, let's leverage TradingView's insights to unlock the full potential of our trading endeavors!
eurusd EUR/USD is trading near 1.0850, recovering ground in the early European session on Tuesday. A fresh leg down in the US Dollar exerts downside pressure on the pair amid an improvement in risk sentiment. Mid-tier US economic data and ECB-speak eyed.
he Relative Strength Index (RSI) indicator on the 4-hour chart recovered to 50, reflecting a loss of bearish momentum. On the upside, 1.0860 (Fibonacci 38.2% retracement of the latest uptrend) aligns as first resistance before 1.0890-1.0900, where the 100-period Simple Moving Average (SMA) and the Fibonacci 23.6% retracement level align.
Immediate support is located at 1.0840-1.0830 (200-period SMA, Fibonacci 50% retracement) ahead of 1.0800 (Fibonacci 61.8% retracement).
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles.
Eurusd sell EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles.
EUR/USD preserves its recovery momentum and rises toward 1.0850 on Monday. In the absence of high-tier data releases, the US Dollar struggles to build on the previous week's gains and helps the pair edge higher as investors assess comments from central bankers.
eurusd sellEUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles.
confirm chart
EUR/USD is Aiming for 1.07 zone (3/25/2024)Hello Traders
EUR/USD had some upward corrections from "14 Feb 2024" until "8 March 2024".
FED news(PPI, CPI, and interest rate) turned the table and changed the upward momentum into a downward movement.
Right now the price has broken the upward channel and made a pullback on it.
So we believe the price will reach lower levels.
Our technical view has been shown in the chart.
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Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
EUR/USD Shorts from 1.09000 back downMy bias aligns closely with GU this week, focusing on selling from a comparable supply level evident on both charts. On EU, this manifests as the 4hr level around 1.09000, where I intend to sell. I'll await the current price to pull back into these zones to address the imbalance and form a redistribution pattern.
Similarly to GU, there's a minor 4hr supply below that I anticipate will fail due to the presence of the Asian high above it. Once this fails and reaches the major supply, I'll be more inclined to sell from there as it offers a premium price.
Confluences for EU Sells are as follows:
- Price broke structure the downside and left a clean 4hr supply zone.
- Imbalances that needs to b filled before tapping into the supply.
- Lots of liquidity below in the form of asian lows.
- Price is overall bearish on the higher time frame.
- I can see the dollar to rising more to the upside.
P.S. I observe the current price reacting to the existing demand. If this reaction fails, price might respond bullishly to the demand just below, potentially initiating an upward move towards the supply levels above.
Have a great trading week guys!
Eurusd sell confirm signal EUR/USD retreats to the 1.0860 area during the early Asian trading hours on Friday. The downtick of the major pair is backed by the firmer US Dollar and higher US Treasury bond yields. Traders await the German IFO Business Climate on Friday ahead of the Fed's Chair Powell.
On the upside, EUR/USD is expected to face initial resistance at the March high of 1.0981 (March 8), then the weekly top of 1.0998 (January 11) and the psychological barrier of 1.1000. Further increases from here might lead to a December 2023 peak of 1.1139 (December 28).
Confirm eurusd sell signal
EUR/USD H4 | Rising to 61.8% pullback supportAccount FP - #1080732
EUR/USD is rising towards a pullback support and could potentially bounce off this level to fall lower.
Sell entry is at 1.08662 which is a pullback support that aligns with the 61.8% Fibonacci retracement level.
Stop loss is at 1.08880 which is a level that aligns with the 50% Fibonacci retracement level.
Take profit 1 is at 1.08351 which is a pullback resistance that aligns close to the 78.6% Fibonacci retracement level. Risk/Reward Ratio: 1 : 1.43
Take profit 2 is at 1.07955 which is a pullback resistance that aligns close to the 100% Fibonacci retracement level. Risk/Reward Ratio: 1 : 3.24
Total risk 1.34%
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EURUSD SELL | Day Trading AnalysisHello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity EURUSD
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Eurusd Sellside rideHello Guys,
as we can see yesterday we got a massive displacement in eur usd pair for downside after a long consolidation, i am expecting the current trend to resume and target further levels in form of various sellside liquidity resting below around discount levels in the eurusd . so for short term we will going to see a retracement phase downside and we will target further.
Eurusd sell confirm Target EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles.
EUR/USD regained its traction and recovered above 1.0850 in the American session on Tuesday. The US Dollar struggles to preserve its strength following the mixed opening in Wall Street and helps the pair hold its ground ahead of Fed policy announcements on Wednesday.
From a technical point of view, the EUR/USD pair is poised to extend its decline. The pair is down for a second consecutive day, hovering around 1.0850. Technical readings in the daily chart show indicators are crossing their midlines into negative territory, falling short of confirming an upcoming decline but, anyway, skewing the risk to the downside. Additionally, the pair broke below a now flat 20 Simple Moving Average (SMA), which converges with the 38.2% Fibonacci retracement of the latest daily slump between 1.1139 and 1.0694 at 1.0865. Finally, mild buying interest defended the downside around a flat 200 SMA. A break below the latter should open the door for additional sellins. Confirm Chart
EURUSD SELL FROM ZONE HELLO TRADERS
As I can see EURUSD is not trading near a strong resistance level, and it is expected to drop till design levels friends it's just a trade idea has look on other trade ideas this week why we are selling share Ur thoughts with us it helps many.
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EUR/USD Playing Good , Short Setup Valid To Get 200 Pips !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.