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Eurusdshort

EURUSD 4hr Pre-Market AnalysisEURUSD is currently in a minor downtrend after breaking the support of the ascending channel on the daily timeframe. However, the price has not shown strong bearish momentum, indicating that there may not be significant selling pressure. I anticipate that the price will continue to drop this week as the TVC:DXY DXY (US Dollar Index) rallies up, as EURUSD and DXY are inversely correlated. It's important to note that market conditions can change quickly, and this projection may be invalidated if more buyers take control of EURUSD. What are your thoughts on this? Feel free to like and comment below.
Short
by Popeson
1
🧅EURUSD 2023 forecastFor 2023 as a whole, inflation was forecast to be 5.6% within the eurozone and 6.3% across the entire EU. Inflation peaked last October at 10.6% in the eurozone but has been falling since, reaching 8.5% in January. The EU believes that falling gas prices, partly as the EU secures alternative sources of supply and compensates for the halt of Russian imports, explain this but it warns that pressures on the prices of other goods is less likely to decrease. "The decline was driven mainly by falling energy inflation, while core inflation has not yet peaked," the Commission said. . . . . . . 🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice 🧅JUST AN OPINION OF THE ONION.🧅 source: www.plan.be www.dw.com
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by MLGONION
1
EURUSD UPDATE H&SHi all EURUSD has been trending sharply for four months, from 0.953 to 1.103, so I'm still looking for a 50% retracement. After a strong 5 day bearish trend, I see a head and shoulders pattern in the 1 hour chart. So, as long as the eurusd does not pass and close above the head, I believe it will remain in a bearish trend. My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities. Like and subscribe and happy trading to all. cheers
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by mytw0cents
EURUSD - Daily Trade Idea - 13-Feb-23EURUSD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
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by onelinkFX
EURUSD Trading Plan - 12/Feb/2023Hello Traders, Hope you all are doing good!! I expect EURUSD to go Down after finishing this correction. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
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by For3xScalper