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Eurusdidea

EURUSD forecast and signal!😊Hi traders, After last week's decline, there is a possibility of hitting the resistance zone then formed last week for the second time. And as we can see, in the long-term, daily, and 4-hour time frame, the Euro-Dollar ( EURUSD ) is still in the descending channel. My suggestion, like my own trade, is to sell with 50 and 90 pips profit targets. Good luck. 😊 ------------------------------ ✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view, And only some of these analyzes are my actual real trades. I hope Traders consider I am Not responsible for your trades and investment decision. ------------------------------ ✅ Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed, and ask any questions about chart analysis. Thanks for your attention
Short
by Arash-RK
2
EurUsd- Best place to sell and join the strong bear moveA few days ago I've written that, in order to a deeper correction to 1.03 horizontal important resistance, EurUsd needs to maintain 1.01 intact. The CPI data shattered this level of support and the single currency dropped again under parity. After a local low at 0.9950, EurUsd is still struggling to regain this important figure, but, in my opinion, will fail. That being said, a spike above parity should be considered a good opportunity to join the bears and the resistance band is between 1.0050 and 1.01. Also, a sell around this zone can have a strong R: R of 1:3 considering a stop loss above the recent high and a take profit of 0.97. Best Regards! Mihai Iacob
Short
by Mihai_Iacob
23
EUR/USD looks weak, may drop to 0.99 againAs predicted in my last week's idea, EUR/USD went up almost 300 pips from the 0.99 support level. However, the rally fizzled out rather quickly. At the moment, the price action looks weak and it seems like the institutional buyers are not stepping in yet. So, it seems like the price will drop to 0.99 again. I will be staying away from buying it at the moment. If the price drops to 0.99 or lower, I might consider a small counter-trend buy trade. However, it has to be noted that EUR/USD is plagued by a number of fundamental issues that is weighing down on the Euro.
by YourLazyTrader
22