Get started

Eurusdshort

Short Opportunity for EUR/USDEUR/USD is currently in a strong downtrend, and a previous trade idea based on the break of the previous day's low and 4-hour support yielded a 40-pip gain . The analysis now indicates a potential opportunity as the price approaches another critical level. If the price breaks below the 4-hour support at 1.06668 and retests this level with an entry confirmation, a short trade is recommended. There are three potential targets: The first target is set at 1.06482, which is a 1-hour support level. The second target is at 1.06319, representing another 1-hour support level. The final target is the previous low of the day at 1.06197. This setup could potentially yield more than 45 pips. Traders should closely monitor the price for entry confirmations and act accordingly. if not price can pullback to 1.07064 level. Please remember to exercise caution and implement appropriate risk management strategies. Trading carries inherent risks, and this idea is not financial advice. Conduct your own research, assess your risk tolerance, and consider seeking guidance from a professional financial advisor as needed.
Short
by Pasindu_BadgerFX
EURUSD: Euro slides after inflation data from Germany and SpainOnly a few days after the European Central Bank completed its longest interest rate bull run in 25 years last week by maintaining the key policy rate at 4%, the euro slipped 0.1% to 1.0554 as data indicated that inflation in the euro zone was declining. Germany's most populated state, North Rhine Westphalia, saw a 3.1% year-over-year increase in consumer prices in October, down from a 4.2% increase the previous month, according to data released early on Monday. In addition, the Spanish CPI increased by 3.5% annually, less than the 3.8% predicted, and by 0.3% in October, less than the 0.6% predicted.
Short
by TrategySherpa
EURUSD short trade oppurtunity amid ECB rate haltDriven by recent ECB rate decisions and technical indicators. The ECB's pause on rate hikes amid lingering inflation concerns has led to a mild appreciation in the pair, closing at $1.05930 during the week ending October 20, 2023. However, technical analysis reveals a broader bearish trend with critical support at 1.0500. A break below this level could signify a stronger bearish control. Entry Point: 1.0566 Take Profit: 1.0500 Stop Loss: 1.0600
Short
by Fexcat
BluetonaFX - EURUSD Bear Flag Pattern SHORT IdeaHi Traders! There is a bear flag pattern on the EURUSD 1D chart, and if we get a break of the flag channel, there is potential for continuation towards the yearly low at 1.04485.   Price Action 📊 The market is currently in the flag channel and has failed to break back above the 20 EMA, which is a bearish signal. We are looking for a momentum break and a close below the flag channel to potentially target 1.04485 for a re-test of the level. Fundamental Analysis 📰 The US economy expanded at a 4.9% annual rate from July through September as Americans defied higher prices and rising interest rates. Economists have also said the US economy expanded last quarter at the fastest pace in nearly two years—more than twice the 2.1% annual rate of the previous quarter. Support 📉 1.05352: PREVIOUS DAY'S LOW 1.04485: YEARLY LOW Resistance 📈 1.05971: PREVIOUS DAY'S HIGH Risk ⚠️ No more than 2% of your capital. Reward 💰 At least 4% of your capital. Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Short
by BluetonaFX
1
Short Opportunity: Riding the Dollar Bullish Momentum in EUR/USDHi Realistic Traders. Here's my price action analysis on EURUSD! EURUSD has recently dipped below the EMA200 line , thereby confirming its bearish trend. The most probable scenario at this point is a continuation of this bearish trend. Upon closer examination of the chart, it becomes evident that EURUSD has formed a bearish pattern recognized as the Ascending Broadening Wedge Pattern, complete with a breakout. Breakouts in such instances typically foreshadow a continuation of the downward trajectory. Additionally, the momentum indicator is currently indicating a downward momentum, as it approaches the negative zone, signaling the potential for further downward movement toward the designated target area. it is essential to note that the analysis will no longer hold validity once the target/resistance area is reached. Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below! Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on FX:EURUSD ."
Short
by financialfreedomgoals101
EUR USD IdeaGood morning, fellow traders. Today, our focus is on the EUR/USD pair, and we find ourselves navigating the daily trading zone. Our strategy involves identifying and utilizing institutional high-volume levels, including those on the daily, weekly, and monthly timeframes, alongside the points of controls and Value areas. Our approach centers on quick in-and-out scalping within these established levels. We marry these levels with fresh structural data to pinpoint trade opportunities. The beauty of this setup is that it offers a multitude of trading opportunities for today and possibly tomorrow. In this current environment, we're operating within the confines of a monthly order block, and the market lacks a clear directional bias. Swing trading, in this context, carries lower probability, so we're focusing on short-term scalps. It's important to note that scalping demands an intensive amount of screen time and the ability to execute trades with precision, often in a matter of minutes or even seconds. The key takeaway is that we're prioritizing these quick, short-term trades, aiming for 1 to 3 trades with minimal holding time. Successful scalping is all about timing and swift execution. So, keep a keen eye on the market, and execute your trades swiftly. This is the way to navigate the market like a pro.
Long
by themarketknight
EURUSD Analysis. Signal for next week.Hello everyone. i want share my idea about EURUSD. After big bearish movement we see some consolidation but there is not any sing for trend change. Price action is easy to identify where it will go, i think the trend will continue and the reason is price falling and dollar index bullish movements which is strong with also fundamentally. Here is my setup for this trade. Open Position - 1.059 Stop Loss - 1.069 Take Profit - 1.03 Always Make your own research!!! Manage risk!!!
Short
by elmakacho
4
EURUSD continues to be bearish On Wednesday, EUR/USD fell back after failing to break through the channel resistance below 1.0600, ending a two-day streak of gains. The U.S. dollar's overall strength, driven by a sharp rise in U.S. bond yields, also exacerbated the EUR/USD fallback. U.S. dollar yields rose across the board, with the 10-year U.S. Treasury yield soaring above 4.90%, the highest level since 2007. The resilience of the U.S. economy has provided support for the steady strengthening of U.S. bond yields, while geopolitical conflicts in the Middle East are intensifying. The euro is likely to maintain a bearish bias against the dollar in the near term and may refresh its 2023 lows. From a technical point of view, if the EUR/USD price accelerates its decline in the future, the exchange rate may stabilize above the trend line support of 1.0500 and ease the downward pressure. However, if it falls below this support, the exchange rate may accelerate towards the 2023 low of 1.0448. . If there is further decline, bears may push the pair towards the key support level of 1.0350. On the contrary, if the market sentiment turns to support the bulls and the euro price rebounds, the upper resistance level looks towards 1.0600-1.0625 In the short term, I recommend continuing to be bearish. If you need more analysis, please join me.
Short
by Krause_Philipp
Quiet London sessionHello ladies and gentlemen; Although today is not a holiday, we will enter the London session in the coming hours, where no data will be received. The most important data of the day will come at the beginning of the New York session. Considering the unemployment data that came 2 weeks ago, I expect today's data to be lower than expected. According to the chart, I expect the retracement towards the 4h major OB to continue. I currently have a short position open and I reset the risk by placing a stop loss at the breakeven level. When you examine it, there is a slight risk of reaching that level and getting stopped, but I think this probability is very low. I think we will continue the day in a short direction after the correction of yesterday's downward movement is completed. I will also share the other transaction I will receive today. I'm currently at -2rr for this week. I need to collect 7rr or more to reach my weekly goal. If you like the posts, please don't forget to like and follow :) Good luck
Short
by ucanpehlivan
Mixed DayHello everyone; Today, we will receive inflation data from the UK and the European Union in the London session. Inflation in the UK is still expected to remain high. However, things seem to be getting better in the European Union. Later, we will see construction data from the USA in the New York session. According to these data, the construction sector is expected to recover compared to the previous month. Recently, I read a report about this situation and that representatives of the construction industry in the USA were negotiating to prevent interest rates from increasing further. That's why this data is of particular importance to me. Above all, today there will be a visit from the US government regarding the Israeli-Palestinian conflict. I expect that with the latest developments, Israel will be forced into a ceasefire, even if it is a small one. In this case, we can see an appreciation in the USD index. Today, since I said I would share my transactions throughout the week, I will write down the transactions I opened. I hope they are useful to you. Remember that your support motivates me. Please like and subscribe for more sharing. It makes me so happy :) Good luck...
Short
by ucanpehlivan
EURUSD 4H TECHNICAL ANALYSISEURUSD has recently experienced a significant surge, as evidenced by the confirmed buy signals indicated on the chart. However, a comprehensive analysis suggests an impending bearish movement influenced by the identifiable order block within the range of 1.06198 to 1.06723. This zone is likely to exert a substantial resistance, triggering a potential reversal in the current bullish trend. To ensure a more robust assessment, it is advisable to wait for a confluence of the signals, particularly focusing on the emergence of a choch, which would provide a more comprehensive and corroborative indication of the market's directional shift. This cautious approach emphasizes the need for confirming indicators to support the anticipated bearish movement, thereby reducing the potential risks associated with premature trading decisions. Furthermore, in monitoring the price action at the 1.06398 resistance level, investors can gain valuable insights into the market dynamics and potential trend reversals. The careful observation of price fluctuations in this critical range will enable a more informed evaluation of the market's response to the resistance level, facilitating a better understanding of the underlying market sentiment and potential trading opportunities. Considering the current market conditions and the identified order block, it is crucial to adopt a prudent approach, placing emphasis on the confirmation of the choch for confluence, and closely monitoring the price action at the 1.06398 resistance level. This comprehensive analysis will enable investors to make well-informed and strategic trading decisions, mitigating potential risks and capitalizing on the projected bearish movement in the EURUSD market.
Short
by fzm_100