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EU

EU: Potential Short SqueezeCould the USD lose some momentum with preliminary job-loss claims coming? Expected to see up to 2 million people claiming unemployment for March... The FEDs last move to introduce unlimited QE and buying of corporate bonds could be showing a limited affect.. A short-squeeze could be coming - acting as a retracement for the drop that occurred from 1.1500 I entered long at 1.07750 - looking to take profit at or around 1.10650 -First level for bulls to break at 1.08100 I keep a pretty tight stop, so if price breaks and closes below 1.07700 I'll close position and continue short trend. *trade at own risk -Krecioch
Long
by Krecioch
3
EURUSD - predestined to fail?Is this the destiny of EURO? Just to let you know, I never trade Forex so my analysis may be totally wrong. Still the economic situation is interesting and we should keep an eye on the EU and it's EURO. The EU has uncertainties all over the place and the EUR looks more and more like a currency predestined to fail. Imagine what the consequences would be for whole Europe. And once again, looking back to the days when the EU was founded, Switzerland took tons of criticism but made the right decision to stay out of it. EUR was heavily rejected and the chart looks terrible. I expect this one to drop to 90 cents. Happy trading!
Short
by Thierry88
EUR/USD Sell Opportunity Higher timeframes are showing EU in an ascending channel pattern Price has consistently pushed upwards and has recently interacted with the channel high parameters Following this trend line bounce, we have seen the previous lows broken cleanly on the micro timeframes If we get a solid close below, I would be looking at trying to get a scalp type entry with a small stoploss I plan on taking 2 positions: one with a short term scalp target profit, and a longer term entry to hopefully catch the big sell off
Short
by JRonaldTrading
EURUSD Margin Zone + Weekly RangeHello Dear Traders, We had pretty sweet short last week. Personally i closed all trade on EURUSD! ( Look at the Related Ideas) Now we have price near 50% Margin Zone and last week range, Which points that we gonna make at least 1-2 bearish impulse. However we still remain BEARish Bias on the market, i'm expecting EURUSD to rise. I will start to look for longs When price will close above 25% Margin Zone and 50% Margin Zones 25% Margin: High: 1.10587 Low: 1.10551 If the price will break LH Margin Zones will be updated in the comment section below!
Long
by UnknownUnicorn6079251
1