EURUSD CORRECTIVE STRUCTURE SHORTIt looks like price has reached it's current fib extension.
It could continue to travel lower, however, I believe we may see a pullback and then a short.
I anticipate two scenarios, one for a ~700 pip sell, the other for a little shorter, to the 38.2 fib level before we see a move back up.
Eurusdsell
eur/usd sell on pull back confirmation?hey traders,
price has been ranging between 1.19000 and 1.17000 since july as highlighted above.
Price has now broken out of the range, I expect a pullback to re-test the 1.17100 region. If price rejects this zone, you can expect price to then go bearish to the 0.382 daily fib region. Price may even go to a significant level which is also the 0.5 fib
Await to see if price action does retest and reject the zone area
EURUSD 1D-TIMEFRAME ANALYSISEURUSD 1D-TIMEFRAME ANALYSIS
Good evening ladies and gentlemen
This is my new idea for EURUSD
The pair price will test the 1.154 daily support pattern target
My idea shows the possibility of breaking this support
But be relaxed
Real support is between 1.138 and1.14 It would be good to test it
I hope my idea is clear
Support me by like and share
Good luck
EURUSD is trading in a confined 300 pips rangeEURUSD
Is trading in a range for the two months from August 01 to till date. On topside 1.20000 has acted as major barrier for the recent bullish run. Before reaching this level Euro has gained most of the loses which give up on starting of this year. Weakness of the USD helped the Euro to gain back towards 1.20000
The trading range is from 1.17000 to 1.20000 which is 300 pips. Since August its struggles to break the key psychological level and got rejection 07 times. On downside its got rejections too
On broad risk aversion yesterday the USD got some strength and gain back some pips and we expect the break down of the structure on downwards. As the coronavirus cases are surging again in Euro area and the investors eyeing on the Further Euro zone recovery plan
Both the Federal reserve of America and European central bank has expressed their concern about the appreciation of the currencies against one another
The price is currently trading below the 1.18000 level and 78.6% of minor timeframe
Within this 300 pips range we have a minor trend line too. Breaking of the trend line will give some idea about further movement of EURUSD
Opening short positions after some minor retracement from current level to the resistance zone of 1.18000 and the potential target would be around 1.16000 will give us a good risk reward ratio. And 1.16000 is a trend reversal zone
The price is felled below the 50,100,200 Exponential moving average. And ichimoku baseline is acting as support for the bear and the cloud is turned red
RSI is felled below the middle point which is 50 And MACD is in red zone
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EURUSD - Full Analysis Breakdown. Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on EURUSD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
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EURUSD Short 1 touch 2 touch 3 touch GO!
1. EMA acting as dynamic resistance as market
Has failed to continue bullish with ever break
Of the zone @ (1,19000)
2. Waiting for markets to give clear indication
Of a break down to below @ 1,18500 to enter
Sell for and continuation to TP 1,16500
SL 1,19200
3. safer Sells will be below 1,18200
EUR/USD - daily ascending trend broken, awaiting drop!EUR/USD price action broke to the downside from a daily ascending trend channel on 9th September. After this break, support was found at 1.1750 sending price back up to 1.1900, which was a retest of the daily ascending trend channel. Since then price has ranged between 1.1750 and 1.1900. As price has now formed a lower high, we are awaiting another drop to the downside. We will be watching the zone in question which is a confluence between the overall monthly descending trend line and the newly forming 4H descending trend line. Late last week price may have already begun to react from this level for a larger push to the downside.
If price creates a higher high this analysis will become invalid.
eur/usd bearish interpretation Hello traders,
I expect a 5 wave decline or a bearish ending diagonal for the eur/usd starting from today It looks like wave B of C is completed. If price breaks above resistance (RED TRENDLINE) I would consider this analysis invalid but for now I'm bearish.my target is very close to 1.1600
EURUSD - SWING - 15. SEPT. 2020Welcome to our weekly trade setup ( EURUSD )!
-
1 HOUR
Very bearish price action.
4 HOUR
Price turnaround with a break below main sr level.
DAILY
Overall very good short entries!!
-
FOREX SWING
SELL EURUSD
ENTRY LEVEL @ 1.18500
SL @ 1.19090
TP @ 1.17720
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EurUsd- A break of 1.1750 could lead to steep correction.As I said in my previous EurUsd analysis, the pair found a top on 1.2 zone and we can expect to a correction.
We already have this correction and my 1.17 target is not far away, so what's next?
A look at the daily chart reveals us a sloping flag on the top and only this pattern should make the bulls think twice.
Now the pair is sitting on support and a potential rally should be considered a good opportunity for short position.
My target in the medium term is 1.15 for EurUsd
EUR/USD SELL SIGNAL ey tradomaniacs,
welcome to a new free trading-setup
EUR/USD: Day-Swingtrade-Execution
Sell-Stop: 1,18000
Stop-Loss: 1,18635
Target 1: 1,17450
Target 2: 1,17000
Target 3: 1,16490
Stop-Loss: 63,5 pips
Risk: 0,5% - 1%
Risk-Reward: 2,42
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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EUR/USD Sell Setup for this week.After the NFP Dollar seems to gain a little buy moment and EUR/USD seems to slow down it's upward trend. Now it's looking to maybe change it's trend to sell.
but for that we need a break of 1.1718 level. (or any level that is close to it) and we need a retest of this level as shown in the Chart. after the retest we need to sell sell momentum/price action or red candles to confirm that the trend has reversed to SELL.
Take Profits:
Next key level is 1.1486
So you can place your TPs between your entry and 1.1486 level.
-- --
Got any other ideas regarding EUR/USD?
Please consider commenting about it. 💭
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EURUSD - SELL Hi all traders,
This is my analysis for eurusd sell.
I know alot of traders are looking at this eurusd channel and the current level as a possible buying opportunity.
Do let me share my perspective on this.
Look at that 3 area of the price then look at the rsi, we are actually having a possible divergence happening right now.
I do not know if my call is right, but any buy for eurusd must be taken with caution especially with dow jones and gold making low
Cheers and have a nice day!
EURUSD - SWING - 02. SEPT. 2020Welcome to our weekly trade setup ( EURUSD )!
-
1 HOUR
Very bearish price action right now.
4 HOUR
Price melting below main sr level.
DAILY
Good short entries, prices looks like we are in a pullback now.
-
FOREX SWING
SELL EURUSD
ENTRY LEVEL @ 1.18600
SL @ 1.19120
TP @ 1.17810
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
H1 BEARISH PATTERN; ASCENDING CHANNEL Price reached the 1.20000 terrain for the first time in 2years.
A break out of this channel is surely promised, time & price action are responsible for delivering this promise.
Albeit I remain neutral by trading within this channel.
Since price broke below the dynamic support within this channel, the bears are ought to guide price further downward to the 1.18000 region.