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Eurusdshort

EURUSD appears bearish From my viewpoint, EURUSD appears to be encountering a short or medium term resistance at a specific price range (1.08679 to 1.08554). Although there seem to be another resistance level at (1.08900 - 1.09245). This can be due to a variety of factors such as a large number of sell orders at that level or market sentiment. If this resistance level holds, meaning that the price is unable to break above it, my analysis suggests that the EURUSD could potentially drop to 1.07681 and to the 200EMA acting as dynamic support at 1.071270. With market sentiment becoming bearish, traders may also be more likely to sell the EURUSD, further driving down the price.
Short
by Samuel124
3
EURUSD Where To Next SELL @ 1.10??We are marching towards the 1.10 WEEKLY SUPPLY/SELL zone after breaking through 1.08 post CPI yesterday price has also created a new high in the current leg also creating a newly formed DEMAND/BUY zone around 1.06. Because we are also taking out previous swing highs off the last downtrend and creating new DEMAND/BUY zones on the way up it looks like we are now moving into an uptrend on the weekly charts. What you should expect to occur next is for a move up towards the 1.10 weekly SUPPLY/SELL zone this will be a good area for a good area for a short SELL trade to target the newly formed DEMAND/BUY zone around 1.06. This area will also be a good area to buy back in to target the Monthly SUPPLY/SELL zone at 1.14. I will start to look for SELL signals on my TRFX indicator above 1.09. Hope you enjoyed the post
Short
by TheFxAce
10
EURUSD 1H: 12/01/2023: Will you see a waterfall? Previous TA is still valid Well, as we expected price rose to near our target and we have liquidity on both sides of the price on the other hand we have Consumer Price Index (CPI) release. So we can expect that price will collect both side liquidity. My view on this chart is bearish. You can see critical zone and levels on the chart. 💡Wait for the update! 🗓️12/01/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
Short
by VahidTradingCR
1
Analysis of the EUR/USD DailyAdditionally, the golden cross occurrence (50-day SMA moving above 200-day SMA) tends to favor bullish traders from a technical perspective. In addition, positive oscillators on the daily chart, which are still far from overbought territory, suggest that the price may continue appreciating in the near term. Hence, some follow-through strength looks like a distinct possibility beyond the 1.0800 mark, toward testing the next relevant hurdle near the 1.0855 regions. For the first time since April 2022, the EUR/USD pair may be able to reclaim the round figure of 1.0900 if the momentum continues. Alternatively, the horizontal zone of 1.0730 now appears to shield the immediate downside ahead of 1.0700. Any further decline is likely to attract fresh buyers and remains contained near 1.0730. 1.0650-1.0645 That said, if the EUR/USD pair fails to defend these support levels, some technical selling may occur, which may result in further weakness below 1.0600. After testing the 1.0540-1.0535 support zone, SPOR prices could descend to the psychological level of 1.0500 and to the monthly low, near 1.0480. The latter should act as a pivotal point, which if broken decisively will shift the near-term bias in favor of bearish traders. With this analysis, you will be able to find your most profitable trade. EnclaveFX does not recommend that you buy or sell this assist. We do not take any responsibility for your profits & losses. EnclaveFX believes in enhancing the knowledge of our clients & followers
by Enclave_fx
EURUSD Top - Shorting The Bearish ImpulseEURUSD is on the verge of starting a sell-off. I am expecting in Impulse Wave in Minute C (red). The greenback (DXY) should be able to commence a Bullish Retracement. EURUSD under pressure. My Euro-Dollar Technicals: * Ending Diagonal in Intermediate (C) (white) * Complex Double Three Correction * Hidden Bearish Divergence * Harmonic Pattern: Bearish Cypher in Minute b (red) * Double Top Pattern * 88.6% Fibonacci Retracement * 161.8% Fibonacci Extension EURUSD SELL Signal: * Entry @ 1.06910 * SL @ 1.08700 * TP1 @ 1.0500 * TP2 @ 1.0280 * TP3 @ 1.0140 * Safety Measure: when in the green, moving SL to BE. * Sell Stops on the way down, after pull-backs. Many pips ahead! Richard, the Wave Jedi.
Short
by EW4X
6