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Eurusdlongsetup

EURUSD: Trading like this today can be profitable Losers attribute their failures to bad luck and regret not trying harder; winners attribute their success to good luck but are aware of the price they paid. The people you associate with determine the course of your life. Being around diligent people keeps you from being lazy, positive people keep you from being down, being with wise people makes you outstanding, and being with accomplished people helps you reach the pinnacle. Learning skills and mastering professions take time, and it's fate that brings people together. Hello everyone, the EURUSD is currently showing a bearish trend on the 1-hour, 2-hour, and 3-hour charts. Therefore, today's trading will focus on short positions. We will wait for a test of support and observe its effectiveness. If the support holds, we will consider opening long positions. Thank you for your attention and support. I will continue to update my trading strategy. If you have any questions, please leave a comment, and I will help you develop the most reliable solution with a serious and responsible attitude to assist you in solving your problem. Wishing you a pleasant day!
Short
by triumphing
EURUSD market commentary on 7/3/2023EUR/USD has gathered bullish momentum and advanced toward 1.0700 in the second half of the day on Monday. In the absence of high-tier data releases, the positive shift witnessed in risk sentiment is weighing on the US Dollar and allowing the pair to climb higher. The EUR/USD pair is confined to a tight intraday range ahead of a directional catalyst. The pair is technically neutral, according to the daily chart, with a limited bullish potential. EUR/USD is meeting sellers around its 20 Simple Moving Average (SMA), which is losing its bearish strength but remains above the current level at around 1.0660. The 100 SMA, in the meantime, advances below the current level and nears 1.0515, the 50% Fibonacci retracement of the 2022 yearly slump. Finally, technical indicators have turned flat just below their midlines, reflecting the absence of directional strength. The 4-hour chart offers a similar technical picture. The pair is trading between a mildly bullish 20 SMA and a bearish 100 SMA, while the 200 SMA keeps heading south far above the current level. Meanwhile, the Momentum indicator turned marginally higher but is stuck around its 100 line, failing to provide directional clues. The Relative Strength Index (RSI) indicator seesaws around 55, but stands below its intraday high, reflecting limited buying interest. Bulls could have better chances if EUR/USD regains 1.0700, although a major resistance level is located at 1.0745, the 61.8% retracement of the aforementioned yearly decline. Support levels: 1.0610 1.0560 1.0515 Resistance levels: 1.0660 1.0700 1.0745
by DNAchampions
eurusdCurrently, a floor was registered in the range of 1.05760 and above the floor of 1.05248. It is expected that according to the standard MACD conditions, we can predict to obtain targets in the range of 1.069-1.073-1.076. The trend of the February movement in the corrective range from the ceiling to the floor completed in the form of a zigzag, the new movement in response to the floor and the range of 1.05248, which is considered a support range for the current movement. There is no need for all targets to be touched, also expecting more than 1.076 is associated with high risk due to the important resistance in the above conditions and time.
by maryammh
1
EURUSD possible bullish move!Currency Pair : EURUSD Possible direction : Bullish Technical Analysis : Price just has broker out of the daily trend line and just tested the previous resistance as support and changed it's down trend to uptrend. As the monthly candle closed, we significant bullish move and highly likely price will hit weekly resistance level as weekly long wick doji has not been tested yet. Possible trade recommendation : Bullish as per chart sketch Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
Long
by ForexWizard01
Sniper Trading System EURUSD BOTH WAY$Today's set up gives an opportunity possibly for two plays. Our 12 AM Candle is Green indicating we are looking for the Bearish Play. Narrative: Price will buy out of the MZ into the Mid 2nd Deviation Levels where profits can be taken and also where you can sell to the breakout traders at a premium:) The Sell should happen at 10AM News. We want the DXY to rebound which will give us further confluence for the sell set up. Never Over Leverage. Trust your set up. Have Fun! Everybody eat$ I AM Trading Made Simple Master Jedi & Sensi of #SniperGang
Long
by Master-Jedi-Trader
4
EURUSD H4 ZONE MARKING We have EURUSD H4 Analysis for Zone Marking According to this analysis, we can see the price still running under 200MA & price also tests the trendline with selling pressure is a sign of a Selling trend for more confirmation of we market demand & supply zone which is mentioned in the downside Demand zone@ 1.05173 to 1.04781(Strong) supply zone1 @ 1.06164 to 1.06339(weak) supply zone2 @ 1.07585 to 1.08049 (Strong) Supply zone3 @ 1.09164 to 1.09407 (strong) With this analysis, you will be able to find your most profitable trade. EnclaveFX does not recommend that you buy or sell this assist. We do not take any responsibility for your profits & losses. EnclaveFX believes in enhancing the knowledge of our clients & followers
by Enclave_fx
EURUSD possible sell zone!!Currency Pair : EURUSD Possible direction : Bearish Technical Analysis : Price has broken out of daily support and showing strong bearing momentum on daily and 4h. Current session candle has a very weaker response from the buyers, and as the price heading to monthly support, there is a selling opportunity on the test of the previous support turn resistance after a strong rejection. Possible trade recommendation : Bearish as per chart sketch Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
Short
by ForexWizard01
1
EURUSD - CURRENT SENTIMENT ANALYSE , DXY #EURUSD - As of last day, the MARKET SENTIMENT for EUR was slightly on the DOWN SIDE. The main reason for that is that the dollar started getting stronger because of the short-term POSITIVE SENTIMENT for the dollar. Because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING RATE whenever necessary. Anyway, it was mentioned in the previous MEETING that the FED is still MONITORING INFLATION DATA. - Definitely according to the MARKET STRUCTURE EURUSD can go up to the 1.0944 RESISTANCE LEVEL. At the moment, there is quite a DOWN SIDE BIAS in the MARKET for EUR. - Then EURUSD can go down until the 1.0200 LEVEL. If the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP, there will be more EURUSD BUY. So keep an eye on it.
by benny_marshall
2