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Eurusdshort

EURUSD 1D AnlysisEURUSD faced rejection at the third touchpoint of the upper band of the descending channel, coinciding with a minor resistance level at 1.06225. Now that the price has retraced to the support, I anticipate a break of this level, primarily due to the strong demand for the U.S. Dollar in the ongoing uptrend. This could potentially drive the EURUSD pair down towards the marked target levels below. However, it's worth noting that there's a possibility of a reversal at this support level, pushing the price back up to the 1.06225 resistance level. What are your thoughts on this analysis? Feel free to share your comments below
Short
by Popeson
UPDATE EURUSD LONG/SHORT DAILYIn the previous analysis of this currency pair, we expected the price to rise when the downward trend line was broken that according to the conditions of the dollar index, this currency pair failed to fill the moving step to rise, so we updated the drawn downward trend line And we specified two scenarios for the price movement, according to the movement of the dollar index, which we examined in its own analysis, we plan our transactions in each of the possible scenarios that occur in the direction of the price movement. Thank you for following me. I would be happy to tell you your opinion about this currency. To know about the signal channel, you can send your message
by jawad369
1
First data comes with the Meeting ReportsHi there; We can say that the first 2 days of the week were quiet as not much data was announced. The only main agenda item was the Middle East. For the rest of the week, we will be meeting the meeting minutes and a few important data from the FED and ECB. We will all watch together how much this data will push the parity higher. Today, I am thinking of taking a short position with the data to be announced. While moving the position, I will be monitoring 2 different regions.
Short
by ucanpehlivan
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!
Short
by ForexWithTsanev
Like a snowballThe currency is still in a downtrend, so we are friendly with the trend. Of course, this friendship may not always last...! However, there is a possibility of a growth up to the ceiling of the downward trend and then a fall to the specified range. Also, this growth can continue up to the previous peak, that is, out of the trend. I would be happy to know that you want more forex analysis. Please let me know by liking and in the comments. Upon your request I will have more forex analysis.
by karaco2022
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
Short
by Dion-FX