Get started

Eurusdtradeidea

EURUSD possible sell zone!!Currency Pair : EURUSD Possible direction : Bearish Technical Analysis : Price has broken out of daily support and showing strong bearing momentum on daily and 4h. Current session candle has a very weaker response from the buyers, and as the price heading to monthly support, there is a selling opportunity on the test of the previous support turn resistance after a strong rejection. Possible trade recommendation : Bearish as per chart sketch Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
Short
by ForexWizard01
1
eurusd Technical analysis of EURUSD monthly time: 25.2.2023 We can see that after reacting to the 50 fibo range, we had a resistance zone in B pattern crossing it, now we are exactly on a resistance zone in the range of 1.05420, which in case of failure can be two targets in the ranges of 1.03799 and 1. 01716 based on pivot points. There is no need to touch both. In general, the goal of the harmonic pattern can be reconsidered, but we must not forget that the resistance of the X range of the pattern is within the range of the two specified targets and can prevent further reduction.
by maryammh
1
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.
Short
by For3xScalper
EURUSD SELL EURUSD so basically we would be more focused on the Sell Movement which is over 300 pips plus have been studying EU for the pasted 3weeks now and it is safe to say I finally got my Proper Confirmation on EURUSD, based on my Top down analysis EURUSD on the Monthly time frame rejected the Monthly and Weekly resistance zone / area then Leaving us with a good Choice on Making proper use of our fib, so how ever breaking it down to the Daily and H4 we noticed EU broke a Massive Buy Trend line then rejected the Weekly resistance lvl on the D1 and H4, so with that being said we would be waiting on price to test our sell zone before taking EU trade. I might likely drop a Buy Analysis too buying to our sell Level. Thanks guys drop a Comment and let me know what you think your comments are very important guys.
Short
by GoCrazyfx0
2
EurUsd in a very important pointI state this for quite some time: "The EurUsd trend, in the long term, is bearish, and considering fundamentals, will remain so for quite some time and the recent 4 months rise is in fact a correction to this multi-year bearish move". This will remain my idea as long as we are working with these fundamentals (and FED pausing at 5% or close to this figure doesn't mean a change) Technically speaking, last week we had a very strong reversal from above 1.1 and this could mark the end of this interim up trend. In the shorter term, the pair is trading now exactly in confluence support given by the rising trend line and the horizontal 1.07 support and a break down seems very close. In such an instance, 1.05 support is exposed. Anyway, even in a shorter term (1-2 weeks) EurUsd is very bearish as long as 1.09 remains the ceiling
Short
by Mihai_Iacob
11
EURUSD: Forex Pair 4H TF Market OutlookThe EURUSD shows bearish trend on 4H timeframe, with anticipation of price hitting support at 1.07208/1.06700, potentially leading to reversal and head/shoulder formation at 1.09055. Possibility of minor support hit at 1.07208/1.06701. Market volatility may be affected by Powell's speech and EU Economic Forecasts, hoping for a positive outlook. We would be happy to know what you think about this idea. Please comment, support this idea, and follow me for more updates.
by ClintOnos
8