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Eurusdshort

EURUSD Sell Trade Setup H1At the moment, EUR/USD is trading at 1.0898, which is a resistance area. If it gets rejected from this level, it could potentially move down towards the support area at 1.0846. You can take advantage of this by selling and aiming for a good profit. Set your stop loss at 1.0925 to manage your risk in case the trade goes against you. Disclaimer : Please note that the information provided is for educational purposes only and should not be considered as financial advice. Trade at your own risk.
Short
by ShaniTradingHub
EURUSD SELLHello Traders, We have a constant downtrend on the EU for the past few weeks. This has informed our bias for a sell with a confirmation of change of character on the daily timeframe. Now going in depth we have spotted different supply zones where price is most likely to find liquidity and gain momentum to the downside. That being said its important you use go risk management on each entry I suggest 2% each. As this is a high probability trade, thanks. UndercoverTradingLLC
Short
by Undercover_Trading
Ellison EUR/USD Morning analysis 15/06Yesterday we maintained bullish structure all day until we saw rejections with the release of FOMC, even though the news was expected and already priced in by the market. Today we have the ECB's rate decision and the US jobless claims data at quite similar times. I will personally avoid making any trades until both of these events have passed and the market has settled. I would only be looking for any further buys above 1.087. Otherwise, my general consensus is now sells. If we fail to break the current high and start to turn more bearish, then i believe the current bullish pullback on the overall bearish trend may be over. Fundamental analysis: FOMC recap -Predicted a no rate change which was already priced in by the market. -Copy and paste of the previous two FOMC statements too -No new or exciting comments made by Jerome Powell in his speech. -With interest rates now becoming less important for medium term, focus is now on data reports for the potential improvement of the economy. Thoughts: We predicted that the Fed meetings may be more dull and back to 'normal conditions' as the FED have already front loaded interest rate hikes. (This has been the most aggressive rate hike cycle in history and we as traders got to be a part of it). They can now take a slower meeting by meeting approach. This means they can watch data and make decisions over two to three meetings rather than the pressure of having to act over one month. With inflation trending down and labour market data tight, the FED can take their time with decisions. Remember central banks want market stability, to keep volatility down and give minimal signals as they hold a lot of market influence. The covid money pumping phase and the 2022 rate hike cylce were both unique central bank events related to these crisis and combatting inflation. DXY is still holding around 103 as markets expect higher US interest rates for longer than before.
Short
by EllisonCapital
2
EURUSD testing the ALPHA indicator outside of cryptoHi friends, so let's try just such a test and that's my indicator outside of cryptocurrencies, I'm looking here for some signal on EURUSD, I'm trying it without TA on this pair, I just threw it up. Please if you follow this completely with SL and caution. It is the first test of whether it can be applied outside of cryptocurrencies. After all, they are two different worlds. So let's see what the result will be, time frame 1h, signal for 2h
Short
by Bitcoinblockchainonline
Ellison EUR/USD Morning analysis 13/06With key news being released today that will ultimately decide the direction of Dollar pairs, I will be sitting and watching until it is released. That being said, Yesterdays buy predictions have come along nicely overnight but not in my trading session, unfortunately. My main bias is undecided today, with buys above the current range at 1.079 or sells below 1.073. FUNDAMENTAL ANALYSIS: We had a relatively slow and steady Monday and start to the week due to markets being more focused on the US inflation data today and the upcoming federal reserve and ECB interest rate decisions this week. We understand how much central banking monetary policy has had an effect on the market, whether it was through the stimulus phase through lockdowns or of course changing their policy stance to combat rising inflation, thus we should expect that there is a large weight on its outcome. HOW THIS AFFECTS EUR/USD: We are currently in secondary phases of market structure in Dollar pairs, seeing consolidations and pullbacks on the higher timeframe. The first catalyst directly on EUR/USD is going to be US CPI today. Now the expected inflation is already forecasting generous data, with inflation expected to drop from 4.9% to 4.1%. If we can meet these optimistic expectations then the market may start to price in a potential pivot in the interest rate hiking cycle. This would result in Dollar weakness and EUR/USD STRENGTH However, if inflation is still elevated. It shows the Fed has more work to do to recover the economy, with focus on a potential 25 base point interest hike later this week. Leading to Dollar bullishness and EUR/USD WEAKNESS I understand if this may be a slightly long read for your morning, but the lesson is an important one and in my opinion, should be the only focus of traders this week. Well done if you got through it.
by EllisonCapital
eurusd short setupseurusd have reached to a good demand zone, the first entrance is approved and now since we have a good eng to a fl, the price have approved the QM setup (the second entrance zone on LS-FL). ⚠️ Notice: I will enter one third of my position on 70/30% of the box and the rest of it in the middle (50%) of the box. My TP would be R/R=3 and 5. Please trade with your own money management methodology and be aware that trading has its own risks and rewards. Good luck ❤️
Short
by mirzaeiamirsoheil
JUST FOLLOW THE SCRIPT - EURUSDWE ARE BEARISH. THE DXY IS BULLISH. Therefore on a bearish day we expect price to IMPULSE to a AREA of Liquidity right above our Morning Zone before the dump in confluence with the DXY being BULLISH. WE EXPECT A DUMP TO THE 3RD OR 4TH SD. NARRATIVE: MONDAY JUNE 12, 2023 2:58AM EST Never Over Leverage. Large Trading Accounts are grew over time through compounding. TRUST YOUR SET UP. HAVE A GREAT WEEK OF METICULOUSLY CALCULATING AND PRECISE TRADING!!!!!!!!!! I AM THE ALGORITHM NOW:)
Short
by Master-Jedi-Trader
1
Channel and DropI've seen this one too many times... Price is making a tight climbing channel, but eventually once it reaches near the top of the last highs, it will fall out (usually) Looking at about 4.75 r, using a 15 pip stop, order placed at 1.07193, 1.07347 for the stop, and target the larger channel line from the previous downtrend, 1.06289 or around the last area, as the longer price takes to get there, the deeper it should go. Using the middle area between the two most recent highs for entry, and stopping above the highest high made, expecting a longer term double top style pattern to be formed and pushed down into the lower depth of the daily level finally.
Short
by ForexStoryteller
2
EUR/USD Short-Term prediction(6/2/2023)Hello Traders Last week EUR/USD was moving inside of a bearish channel and then, this week, took the chance of the weakened USD and broke out from it. It seems the bearish movement has been reversed and we should expect some upward corrections. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. 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.)
Long
by FortunaInvestments
2
Structural Breakdown This buying attempt looks to be failing, as the buyers are losing power in getting the turn. We're in a daily zone, but it's roughly 75 pips wide, and we're near the extreme upper levels. This breakdown makes me think the next possible level is around 1.053. with a lot of buyers in the market, there should be a heavy concentration of stops just below the last low around 1.0655. this should accelerate price below the next few levels. Placing a short, market entry made at 1.0701, stop 1.0725 (arbitrary 25 pip lock) target at 1.065 and observe as this will be the bottom of the long term channel we can't seem to breach out of.
Short
by ForexStoryteller
4