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Eurusdlongsetup

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
Bullish Setup on $EURUSDFirst trade: Trade type CCC Reasons for taking for this trade (and why my SL is too a bit) - If we look on the weekly, the price 1.06444 is the open of a very big bullish candle and the close of the adjacent (to the left) of a very large hammer candlestick which is bearish with a long wick. That price level is very critical for reversals. - In H1 there is a wick balanced with an OB and the same OB was filled with a candlestick that closed bullish. - Based on our probabilities H4 Might close bullish and above 1.06574 - This will have a strong and a good entry price. - The reason my stoploss is at that price point is because, there will be FOMC meeting tomorrow at 22:00 UTC+3 this can greatly influence and volatility of this pair. Please note the FOMC might affect this pair on our favor and our long bias might push this higher. Trades type glossary: Type AAA - Very good Type BBB - Good Type CCC - 🧐
Long
by Sherman_Trades
EurUsd- Medium term focus remains on 1.05After the aggressive drop from 1.1, EurUsd made a pause at 1.07 support and tried to reverse. Attempts to reconquer 1.08 were sold and the pressure looks to be on the downside. Although on Friday we have a Pin Bar reversal, the pair is under trend line support and the horizontal support from 1.08. So, in the eventuality of a rise after this Pin Bar, this rally should be considered an opportunity to enter short against the 1.08 important ceiling at this moment
Short
by Mihai_Iacob
16
EURUSD SELL EURUSD so basically we would be more focused on the Sell Movement which is over 300 pips plus have been studying EU for the pasted 3weeks now and it is safe to say I finally got my Proper Confirmation on EURUSD, based on my Top down analysis EURUSD on the Monthly time frame rejected the Monthly and Weekly resistance zone / area then Leaving us with a good Choice on Making proper use of our fib, so how ever breaking it down to the Daily and H4 we noticed EU broke a Massive Buy Trend line then rejected the Weekly resistance lvl on the D1 and H4, so with that being said we would be waiting on price to test our sell zone before taking EU trade. I might likely drop a Buy Analysis too buying to our sell Level. Thanks guys drop a Comment and let me know what you think your comments are very important guys.
Short
by GoCrazyfx0
2
EURUSD NY Session LongGoodday traders, Price grabbed the first BSL targets mentioned in post before. Price grabbed it in Londen key timing session. Im now looking for a continuation setup for the NY session and grab the equal Highs liquidity as target. Entry based on 5 MIN Bullish OB and an optimal trade entry from the swing that made the Break of the old highs. Also in discount off the bullish swing (Lower than 50% off the total swing). Price holded the possible level to create a Swing Low on the daily timeframe. For me enough, price could retrace bullish into more BSL. Showing me Bullish price action here. Best case scenario would be for key the timings: 14:30 UCT+1 or 15:30 UCT+1 to, create false bearish move out of the consolidation to fill my Long entry. No financial advice. Dave
Long
by Dave_DayTrader
8