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Eurusdshort

EurUsd- Are bulls done?Since the end of September, EurUsd has had quite a run, with the price rising more than 1000 pips from the bottom to the top. However, as I said multiple times these past weeks, this is just a correction, and with the price reaching the important 1.07-1.08 resistance, swing traders should look to sell and build USD long position. Last week's high was reversed quickly leaving a strong bearish engulfing on our daily chart and this can very well mark the top. Also, yesterday and Friday, bulls couldn't recover and looks pretty clear that rallies are sold. The first target for a drop is 1.03 and, as long as 1.0750 is intact, rallies should be sold.
Short
by Mihai_Iacob
10
QUICK UPDATE ON EURUSD: YOU ONLY NEED TO SELL IT.Zoom to see, please . Chart analysis: H1 timeframe. There is a confluence right now in the eurusd chart: the price has retraced to the trendline after breaking it, and it has rejected the horizontal and sloppy trendlines at the same time. The present candle has formed a bearish pin bar. It is a sell time. Our first profit target will be 1. 05961. Trade like a pro; don't trade like a newbie. The arrow drawn is indicating the confluence point in the chart.
Short
by OraclePips
EURUSD, Will it fall? See the factsDaily Time: As you can see in the chart, it has reacted negatively to the long-term downtrend line and sellers have become active. A strong negative divergence has also formed. It seems that in the short term, it will have a good correction and will touch the specified targets. Important : The market needs a short-term correction (at least 50%) to attract big buyers again. At the same time as the DXY gains strength, an attractive short-term correction will occur in other assets, especially gold and bitcoin , and the opportunity to buy will be activated again.
Short
by sina76m
7
EU BIAS: SHORT, BUT BE PATIENT. DON'T RUSH!Hello there, my fellow traders, Zoom It To See Clearly . Yeah, the wedge has been broken, but the price is still above the support and resistance zone. What next? What should you do now? The simple answer is waiting, meaning you have to exercise patience here to see if the price will break and close below this zone and the 1.0583 level before looking for a sell signal. Don't rush. Fact: the market may experience a short-term pullback before resuming the downward movement. So, just wait to see that the price closes below the zone before selling. If It breaks and closes below it, then look for a selling opportunity in the small timeframe.
Short
by OraclePips