Get started

Eurousdshort

EURUSD Two simple scenarioCurrently the Euro is moving sideways vs the US Dollar after a really strong uptrend from its bottom in March 2020 until the beginning of 2021. It is moving sideways, however it has lost some key levels and the uptrend seems exhausted. It went from Yearly R1 to Yearly P and bounced hard, playing the key pivots very nicely. However now it is breaking below the 300 DMA and another test of the yearly Pivot could give a short term bounce but nothing more than that. So to me the price either has to slowly go up after having a little dip here or if it start breaking lower, the real target is 1.15
by BitcoinMacro
1
Eur/UsdWe have on the Eur/Usd chart a double top at the neckline of a head and shoulders on the weekly time frame. we can see that at the 4 HR we have 2 patterns that are both bearish. I made sure the Trendlines for the wedge correlated with the volume spikes and we recently broke bearishly with good amount of volume. the Cypher that I had drawn could still be valid if the circled double top is a false breakout of the thin white line. Also on the Dxy chart Monthly time frame, we could see price bouncing off of this channel drawn, roughly to 96. please look at pictures for detailed information.
Short
by Fdz23
EURUSD Gartley Harmonic Structure is in play...Hello to all, A clear Gartley Harmonic structure has formed at EURUSD in daily period. I think,hat means the price couldn't break 1.2011 (last top) and i'll short it between 1.1967 / 1.1995 zone. Our positions has to be stop if we see any candle close above last top level. My first target is 1.1830 (fibonacci 38.2 level of C/D leg) and the second target is 1.1745 (fibonacci 61.8 level of C/D leg). Be careful, its a swing trade analysis and this position will end in middle term.I will continue to share daytrade positions every day. Good luck to all !! If you find it useful, please support this idea with LIKE. In the analysis I published, 1H and smaller periods are based on the scalping strategy. Periods of 4H and greater are analyzed with the swing trade strategy.
by FXLoungeIN
10
UK Won't Sign the Divorce PapersBut just because the UK is fickle on leaving the EU for the WTO, its still not sure if ready to make the jump. EURUSD in the upcoming week will almost entirely be moved by Brexit, however concerns over a slowdown in European growth may be justified with more weak EU data, particularly in central bank speak on Tuesday, German CPI on Thursday, and unemployment figures on Friday. While these figures are expected to come in mostly unchanged, it could be Draghi's speech on Tuesday that could give investors the most jitters. Meanwhile, the UK is injecting much more fear into the heart of EU investors with the prospect of a no deal Brexit. This not only hurts the UK, but also the EU which imports many goods to the UK. Research conducted by the Eurasia Group suggests that every major EU country stands to lose GDP per capita except for Austria if the UK leaves without a deal. For more analysis, please check out more content at www.anthonylaurence.wordpress.com
Short
by WhiskeyTangoFoxtrot3