Selleurusd
EURUSD SHORTEURUSD has come to an interesting level, From my analysis this pair is set to drop for the next few months, if you catch this move hold it for maximum profits. Targets as low as 1.15800. Use proper money management . Look out for this update as I will be advising on where to reenter incase you miss entry into this trade.
Short term BUY Long term SELL EURUSD Buy EURUSD at 1.19208 TP at 1.2103 (short term buy trade)
Sell EURUSD at 1.2119 TP at 1.1800 and lower to 1.1630 (long term trade)
Use proper money management, follow for more market breakdown and accurate entries.
N/B Don't miss out the massive Selling opportunity about to happen in EURUSD once the highs at 1.12100 are taken out. All the SMART MONEY is waiting to short from there. All the best my people
USD remains strongWe are seeing a strong USD everywhere and it looks like this will continue.
Today and tomorrow will be important days with the release of news about the economy.
EURUSD is expected to continue down and below 1.20.
This will allow the price to drop around 1.1920!
Be careful during the news and do not overdo the volumes!
If you have questions about how to trade this or another situation, contact us!
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EURUSD updatePrice has finally started looking good for a follow up for my previous sell idea.
i will be looking for price to come up to 1.1850 and show rejections before i enter.
my target will be 1.17600 because this is a nice psychological level, and it is a nice area of interest on the 2 and 4 hour charts
EURUSD down trend EURUSD down trend
Yesterday we expected a decline and we saw it
If you are involved, keep your positions active!
If you haven't, it's not too late to do so!
Yesterday's decline confirmed the direction and we expect it to continue to break 1.1703 and go to 1.1625
First resistance that face the price is 1.1765, where the new decline may begin. And the next level we expect to play a role in resistance is 1.1798. Passing above this level and above the previous peak will mean a reversal of the trend and will spoil this scenario.
Be careful with the Lot size!
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EURUSD Daily AnalysisCOVID cases are on the rise across Europe. Germany and France are expected to implement new measures and closure for 2 weeks in order to limit the spread. This contributes to EUR sales.
Technically we have a break of triangle in a downward direction and this shows us what to expect.
At the moment the first resistance is 1.1798 and from there we can expect repulsion and the beginning of a downward movement. The initial target of such a decline would be 1.1702
Going back to the triangle area will spoil this scenario.
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EURUSD Rejected from critical areaThe EURUSD gor rejected from 100% fibonacci level near 1.1880.
at the moment the pair retraced to trade near 61.8% critical level if broken and we witnessed a 4hrs candle close below 1.1820 we might see further momentum for the downside.
potential finishing a W,X,Y wave might take euro dollar to new lows belo 1.1600 level.
lets not forget the bearish monthly candle from last month " engulfing pattern".
no doubt that the ranging market was taking over the markets recently however an impulsive wave is expected soon.
Kenji signals: sell EURUSDToday, the indicator "Kenji" on the daily EURUSD chart generated a sell signal.
Let's give some explanations on this signal.
This is the ordinary signal to open the trade with a basic volume .
According to the indicator, the price of EURUSD is currently in the active downtrend phase (the area between the fast and slow averages is colored red). At the same time, current prices entered the sell zone, which led to the formation of a "sell" signal.
The short position remains relevant until either the market conditions change (for example, the downtrend changes to flat or uptrend), or a signal to close it appears (a red cross indicating a sharp divergence between the price and average values).
Recall, work in a trend is one of the most comfortable and potentially successful trading options.
For reference:
The "Kenji" indicator is a brand new look at the average analysis. The main problem of most trading strategies and indicators based on the average analysis is a number of false signals in the case of flat and trend reverse (for example, frequent crossings of the averages, numerous changes in the direction of the averages, etc.). As a result, averages analysis cannot show its real power and effectiveness.
The Kenji indicator using a unique algorithm avoids the most common average analysis traps and significantly improves the quality of signals by determining the current state of the market (using the color indication "Kenji" shows the current state of the market: red color - downtrend, blue - uptrend, green - flat).
It generates signals for comfortable trading in a local trend. The indicator provides information on both the timing position opening and the moments of profit taking. It also helps to determine the level of aggressiveness of a signal. This makes the "Kenji" indicator a handy tool both for novice and experienced traders.