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Eurusdshort

EURUSD - Possible key reversalEurusd is froming a key reversal today. We have to wait for the daily close, and even after the daily close this can be easily reversed by tomorrow, it's possible we will be having the pullback to the 200 SMA in the following days. If this plays out the minimum where price drops is the 50 EMA at 1.060 . This price level is also the 23,6% FIB retracement. If we can break 1.060 the next level to tag is the 2023.01.06 low at 1.04830 and this where the 200 SMA runs. Let's see if we can break the 10 EMA by printing a key reversal today.
Short
by chartwatchers
3
EURUSD in preparation for a drop ahead of NFPOn H4 I have been able to spot an uptrend where the market has made two successive touches above, as it continued breaking higher highs enticing traders to further enter with their stoplosses on the lower lows it has created that is where liquidity lies. However on my hourly POI I have been to been able to spot Liquidity on EQUAL HIGHS created between 6 April2022-22 April2022, Continuing further I see a falling wedge being created which may seem like it has broken out below but notice our POI that was created around 20 Jan 2023 where buyers where in full control, I see it as market maker enticing traders to join the breakout while its intended direction is to tap on this POI and rally shortly shortly to our above main POI then a drop.
Short
by innocentbongani84
6
EUR/JPY - SHORT; Geopolitics matters - Center stage.Given the inevitability of; 1) An abject Chinese population collapse - already under way -, necessitating the consequent *** massive DEurbanization, DEindustrialization *** (leaving in its wake ~800 million subsistence "gardeners" - No, not even farms, in the traditional sense of scale!); 2) Japan having *** the only other (beside the US) long range Navy *** capable to protect shipping/supply lines, anywhere on the globe; (While China couldn't defend it's own coast line, if push came to shove. All that The "Chinese Menace" propaganda is laughable, at best. China is already dead, it just hasn't rolled over, yet, fully.) 3) The EU's obvious, ongoing Hara Kiri (the kind that would fill every samurai with envy), the demise of the Euro is a foregone conclusion. (How long for total EU disintegration?? ... A) Most likely measured in a couple years; B) It is well under way!. 4) Germany's full and unmitigated retreat from a collapsed Chinese market - the US filling the vacuum in every imaginable corner on the globe; 5) Japan being *** the only other (alongside Taiwan, S. Korea and the US) precision manufacturer of high-technology, of any scale ***; 6) ... ... 12) ... There are at least a dozen existential reasons - already well within grasp! - all of which will leave Japan likely the only industrial power standing in Asia, while Germany (as is the whole of Europe) will be forced to backtrack to the '60s. - Not to the 1960s, no ... to the 1860s! The technicals are also favorable to start shorting this pair from here, ... on and on ... onto forever. p.s. The rise of France in Europe and Japan's in Asia - relative to their current industrial and geopolitical pull- is all but a foregone conclusion. France being the "youngest" industrial and agricultural power in the EU while Japan, having survived - so far - their own demographic apocalypse, will have ring side seats to revel in the total and abject Chinese collapse. Germany also "only" lacks any and all domestic energy or food resources (except Sauerkraut), while also beset with a demographic apocalypse that is about to hit its full stride.
Short
by Nemo_Confidat