EURUSD SHORT OUTLOOKHello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
Eurusdshort
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!!!
EURUSD SHORTI took short position yesterday and I will add more.
I am waiting market structure shift and if it happens I am gonna short more.
I am focusing Equal Lows and Sell side levels which is I draw on!
Manage your risks and happy trading!
Follow and like idea )
EURUSD analysisHello traders, EURUSD analysis, over the short term, a bullish channel has begun to form
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.
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
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...
Excellent Short For EURUSDAccording to elliot wave analysis the EURUSD has finished wave A and is currently in wave B from which wave A and wave B have formed and is currently in wave C of wave B
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.
EURUSD SHORT SETUPHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the EURUSD symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
EURUSD - Story Time (ICT)This is just a possible narrative that may unfold. Do not trade based on this without the proper confirmation. This is not a signal.
If Phase 2 extends higher, then will look for possible NY/News reversal. If price breaks utmost swing high, then I will post where I think price will likely gravitate towards to.
EURUSD SELLFX:EURUSD
Overall structure based on the Daily, 4H and 1H is bearish on EURUSD. A break and retest around the 1.05283 4H resistance area , a bearish engulfing candle on the 1H was my confirmation to go short on EURUSD
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
EURUSD - ranging but SHORT for sureThis is clear indication of sellers enjoying party right now. Slight pullback and then down again. Certain marked areas to lookout but mostly few good days ahead.
I will update more confirmations on 4-H later on.
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
SHORT EUR/USD analysis Hello traders, last week in the beginning price saw little bit of a retracement higher and we took the liquidity above a short term high than we had a big impulse down due to CPI, coming to this week we may see some retracement into the daily FVG on monday and tuesday before expending lower
EURUSD ShortOANDA:EURUSD
The price has once again approached the upper boundary of the bearish channel, indicating a possible downturn soon. Based on this observation, I predict that the price will continue to decline after reaching the level of $1.058
EURUSUD SHORT OUTLOOKHello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
EURUSD SHORT OUTLOOKHello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
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.
$eur $dxy #eur #dxy #elliottwave short trade setup 2nd June'23This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
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!
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EURUSD possible short for 1.0480head & shoulder pattern in 4h time frame, there are two supply zones for short i.e. 1.0640-0670, another supply zone 1.0710-0735. stop loss above 1.07035, target: 1.0480.
