EURUSD At Strong Resistance For Short Trade.EURUSD is trading at very strong Resistance Level. It also validate the Channel Pattern Support and Resistance (shown in chart). According to chart pattern analysis, we might see down side in EURUSD from Resistance Level . One Can initiate the short trade in EURUSD with Risk Management System and Stop Loss.
Thank You.
Euro-dollar
Key points of the market: British pound / US dollar, Offer: Buy a deal above point 1.3310 with a first profit tick of 1.3360 and a second profit tick of 1.3380
Alternative offer: (If the price trend changes) When the price penetrates below 1.3310, the price first starts moving towards 1.3285 and 1.3260.
EURUSD: Important Structure Ahead!!!
With DXY weakness EURUSD keeps growing.
We saw a nice expansion this week and it's time to look for the next strong supply area.
I am paying close attention to the confluence area between:
1.2 horizontal resistance (current structure high);
Rising trend line ;
1.272 extension of the last bullish leg.
I won't expect a major reversal from the identified area,
rather a pullback to 1.195 at least.
I will be looking for a confirmation on lower time frames before I short.
Good luck!
EURUSD: Important Structure Ahead!!!
With DXY weakness EURUSD keeps growing.
We saw a nice expansion this week and it's time to look for the next strong supply area.
I am paying close attention to the confluence area between:
1.2 horizontal resistance (current structure high);
Rising trend line;
1.272 extension of the last bullish leg.
I won't expect a major reversal from the identified area,
rather a pullback to 1.195 at least.
I will be looking for a confirmation on lower time frames before I short.
Good luck!
EUR-USD bearish bias. Will go down. Sell!
Hello, Traders!
Just as I said yesterday, EUR-USD is weak
Now, I think that the bears are finally winning
And so It is a good place to open a short
To benefit from the pair retesting support
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!
EUR_USD SHORT OPPORTUNITUY|SELL
EUR_USD seems unable to break the resistance
Just as I said yesterday in my analysis
Todays pullback from it proves this thesis
Therefore I think it is a good time to open shorts
As the pair might fall nicely to the support and further below
Short from resistance!
Like and subscribe to never miss a new idea!
EUR/USD Broke Through Resistance (BULLISH!)In my previous idea on EUR/USD I explained you how the support and resistance zone could be used for a short position trade set-up. However, we have seen that the price is breaking through the resistance zone at the moment.
That's why I decided to change it into a long trade set-up going to the next zone of resistance. I believe EUR/USD is now trending upwards, and it breaking this resistance is a strong bullish signal.
-Trading-Guru
EURGBP At Breakout of Support For Short Trade.EURGBP is trading at s Support Level also it is trading at Support Level of Channel Pattern (shown in chart). According to chart pattern analysis , we might see downside in EURGBP from current level if it break the support 1. One can initiate the short trade with proper risk management and stop loss.
Thank You.
💡 Don't miss the great sell opportunity in EURUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.1876). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURUSD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 34.
Take Profits:
TP1= @ 1.1800
TP2= @ 1.1760
TP3= @ 1.1703
TP4= @ 1.1650
TP5= @ 1.1603
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡 Don't miss the great buy opportunity in EURUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.185). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 1.1895
TP2= @ 1.1920
TP3= @ 1.2000
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡 Don't miss the great buy opportunity in EURUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.185). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 1.1895
TP2= @ 1.1920
TP3= @ 1.2000
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EURO: Short-term Decline AheadHello,
Looking for a temporary decline on EURUSD today as I am anticipating Dollar to pick up some strength.
Needless to say, I'm unsure of the weekly direction as I need more framework to determine a decision, but after moving away significantly from 1.17702 to 1.17444 as I delineated in my previous post - we are due for some sort of retracement to the downside.
How far can that retracement be? I'm not sure. I'm leaning towards 1.1780 as a reachable and realistic objective. 54.4 points away from current prices, which provides a great window of opportunity to capitalize from.
For now, I am focusing on shorts to 1.1780.
GLGT
EURUSD: Price Action & Bullish Outlook
hey traders,
it looks like at least the beginning of the next week will be bullish for EURUSD.
the pair has perfectly respected a major falling trend line, and during the last two days, we see a steady bullish continuation from that.
looking left at structure, the closest strong resistance that we can identify is 1.18 - 1.19 zone based on a current local daily high.
in case if you didn't manage to join this movement, wait for a retest of a trend line because opening the position from current prices is very risky.