Get started

Eurusdsell

EUR/USD Forecast: Euro Collapses Amidst US Dollar StrengthThe Euro has broken down rather significantly during the course of the trading session on Thursday as we continue to see a lot of negativity out there. The 1.12 level being broken through is a very significant turn of events, and as a result it is likely that we could go looking towards the 1.10 level underneath. All things being equal, if the market does bounce from here, it is very likely that we could see plenty of selling based upon the fact that the 1.1225 level had been significant support previously and should be resistance going forward. The 1.12 level could offer a bit of selling pressure due to the fact that we had bounced from there previously as well, and any type of exhaustion that shows up near that area should be sold into from everything I see. The size of the candlestick is a very negative as well, and therefore it is likely that the markets will find some type of continuation at this point in time. The fact that we are closing towards the very bottom of the range typically means there is a bit of follow-through coming so keep that in mind. The 1.10 level underneath will be a big target, and almost certainly cause quite a bit of psychological support if nothing else. I do believe that this market is simply a reflection of the fact that the US dollar has been so strong against everything else and more than likely will continue to be. I do not have a scenario in which I would be willing to buy this pair until something fundamentally important changes. We may get the occasional bear market rally, but that will simply be an opportunity to sell at a higher level yet again. Keep in mind that interest rates in America exploding to the upside while the ECB has absolutely no plans on tighten monetary policy will have an effect on this market as well, so it is likely that the pair will continue to see a lot of negativity. The 50 day EMA above being broken might convince me that the market is going to change, but until I see that I just do not see the path higher, at least not in the short term as we have so clearly broken through major support yet again.
Short
by SmoothJB
2
EUR/USD WEEKLY CHART STILL GOING DOWN???Hi TRADERS we are looking at EUR/USD for the new week ahead EUR/USD as we can see it has head and shoulders on the weekly area are we still heading down????? I am still bearish on this pair, i think a correction on lower TF and we will see a nice impulse to downside This is my analysis only please trade with caution and risk management in place clean crisp charts I hope it helps if you have any questions please private message me good luck for this weeks trading please follow like and comment thanks
Short
by Costy13
3
EUR/USD SELL IDEA Hey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be apreparation for you. As always we will have to wait for a confirmation! EUR/USD:Daytrade-Preparation Market-Sell: 1.13365 Stop-Loss: 1.13500 Point of Risk-Reduction: 1.13225 Take-Profit: 1.12790 Stop-Loss: 14 pips Risk: 0,5% -1% Risk-Reward: 4,0 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
Short
by Trading2ez
2
EUR/USD SELL IDEAHey tradomaniacs, welcome to a new free trading-setup. This is meant to be apreparation for you. As always we will ahve to wait for a confirmation! EUR/USD:Daytrade-Preparation Important : Waiting for confirmation. Market-Sell: 1.14750 Stop-Loss: 1.14905 Point of Risk-Reduction: 1.14525 Take-Profit: 1.13770 Stop-Loss: 16,5 pips Risk: 0,5% -1% Risk-Reward: 5,9 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
Short
by Trading2ez
8
EUR/USD SELL IDEA #daytradeHey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a preparation for you. As always we will have to wait for a confirmation! So far as we know the FEDs plan is very strict and straight forward. If nothing changes we can expect more hawkish tones and so probably more demand in US-Dollar. Be cautious ahead as market can be shaky and come up with fake-moves.🤙 EUR/USD:Daytrade-Preparation Notice: Waiting for fakeout-confirmation! Market-Sell: 1.13470 Stop-Loss: 1.13570 Point of Risk-Reduction: 1.13355 Take-Profit: 1.12850 Stop-Loss: 10 pips Risk: 0,5% -1% Risk-Reward: 6,0
Short
by Trading2ez
3
EUR/USD SELL IDEAHey tradomaniacs, welcome to a new free trading-setup. EUR/USD:Daytrade-Execution Notice: In terms of risk-management you need to know that we are going to see economic data from the U.S in 15 minutes! Stay out of you have a lower risk-aversion. Sell-Stop-Order: 1.13225 Stop-Loss: 1.13355 Point of Risk-Reduction: 1.13110 Take-Profit: 1.12640 Stop-Loss: 13 pips Risk: 0,5% -1% Risk-Reward: 4,5 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
Short
by Trading2ez
2
EUR/USD Forex Signal: Bears Compressing Price Down to $1.1260 EUR/USD Analysis I wrote last Thursday that bulls seemed to have the advantage, with buying continuing below $1.1300. I thought that a bullish bounce at the new support level of $1.1315 could produce a good long trade entry signal. I also thought a short trade below $1.1315 could be good but only on a failed retest following the breakdown. This was a good call insofar as it prevented entry into a failed short trade. I was right about seeing the $1.1315 area as supportive as the main action of the past few days was buying below that level pushing the price up. We have seen bears, helped by recent strength in the US Dollar, continue to push the price down and compress the price as new lower resistance levels are printed. However, we just get a compression because the support beginning below $1.1300 at about $1.1261 continues to look very firm and make its presence felt. So, we have a close fight between bulls and bears and it is hard to tell who is going to win over the medium term. This is helped by the fact that the EUR is relatively strong just like the USD. I see the best strategy for today in this currency pair as scalping reversals at key levels, and I suspect the best potential would be a long from $1.1261 or $1.1250. It will be important to monitor any open trade on a short timeframe and to be quite quick to take profits, and to use tight stops.
Short
by SmoothJB