Get started

Eurusdshortsetup

EUR/USD Technical Analysis.Hello traders, EUR/USD is trading at 1.2340. The price is trading at 2 years high and just touched it resistance level, now it can rebound back to its support level at 1.2256 before continuing its upward trend. The overall trend of the pair is upward but we can get a small down move before continuing the up trend. Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade. Do follow us for future Forex trend analysis and Ideas. Thank you, Rishikesh Lilawat
Short
by rishililawat5
EURUSD Lucrative Short Opportunity on 4hrEURUSD has been showing signs of Bull exhaustion with continued 4hr Bear Divergence on Bollinger Bands %B Oscillator, having faced resistance at the 1.272 Fib extension as shown on chart. The logical demand area will be the 0.382 Fib retracement which coincides with the 0.618-0.786 Fib Extension zone. Failing that support area, price will test the most likely 0.618 Fib retracement which also coincides with the 0.236 Fib extension area as shown on chart.
Short
by TradeChartist
6
EUR/USD Technical Analysis.Currently, EUR/USD is trading at 1.1789. The pair is trading in a downward trend and now consolidating above its small support level. If the price breaks the support level at 1.1750, then it can start a new down trend and its target price will be the strong support at 1.1622. Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade. Do follow us for future Forex trend analysis and Ideas. Thank you, Rishikesh Lilawat
Short
by rishililawat5