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Eurusdsell

EURUSD sell tradeEURUSD More or less the same type of falling has happening in EURUSD as GOLD The more and more cases were tested positive in corona virus infection And the market forecasting/expecting a rate cut from ECB,this will further weaken the Euro against all the pairs. Now its currently trading at 1.11000 level which is 61.8% Fibonacci level As the downtrend chart patterns shows as further falling of this pair is inevitable We can open short positions at 1.11420 level which is 50% Fibonacci level And the potential take profit will be 1.09325 which is 78.6% Fibonacci level Stop lose may placed above 1.12300 level Please leave your valuable comments below EUR/USD pivotal points S3 1.1026 S2 1.1064 S1 1.1084 P 1.1101 R1 1.1122 R2 1.1138 R3 1.1176
Short
by forexorbit
EURUSD#3--->Time to sell:€ / $ #Technical_analysis and #Orders Good day, dear #investors and colleagues #traders! Your attention a technical analysis of the currency pair #Eurusd: #Comment for last week: The paragraph above (+ 2.35%) relative to the previous close of the week. The dollar was literally knocked out by an unexpected, unplanned Fed interest rate cut. Many market participants note that the Fed is strengthening its pigeon position on March 18 and further reduced the rate by 0.25%. We have relied on further actions that will look that gave a preemptive strike. Meanwhile, the #ECB, on the contrary, can take over the relay race it started from the Fed. Despite the fact that the ECB rate is at a minimum level of 0%, we can all see unprecedented measures, and the bank will be able to enter the negative funding zone. The basis of the export-oriented economy of the eurozone is Germany. In addition, it is important that the EU does not agree with such a competitive advantage as a weak dollar. An important factor for understanding further actions from the Fed - Salary growth: + 3%; - Job growth in the economy: 273,000; - unemployment rate: 3.5%; All major macroeconomic indicators showed that the Chinese economy received a strong blow from #coronavirus. We believe that the US economy may even overheat the US economy through risk. #Technical analysis: Globally (D1): The euro has overcome the downtrend, which has been in force since August 18, 1.12. Therefore, we have the opportunity to get further development. The next such goal is a direct level of 1.1453 (38.2%). Locally (H1-H4): The rising pair continues to be in the rising channel. By tradition, we call the weekly support and resistance zones: A) Support: 1.1094, 1.0899 & 1.0770; B) Resistance: 1.1418, 1.1549 & 1.1744; #Orders_and_position: - Leading indicators: Current prices tell us about extreme overbought. - Indicator of price behavior: this means that the moment of opening control transactions has not even come. #Deal: Potential sales. We will look for potential points in sales. Caution, prices must change. !The Fund for Indirect Investor Funds Management (WMCI Asset Management) reserves the right to trade at the level of stop loss and take profit, without notifying subscribers. Regards to subscribers, Ltd ”Wermelgion and Partners Investment” !Attention: Trading financial instruments and (or) cryptocurrencies is fraught with high risks, including the risk of losing part or all of the investment, therefore it is not suitable for all investors. Cryptocurrency prices are extremely volatile and can change due to external factors such as financial news, legislative decisions or political events. Margin trading leads to increased financial risks. Ltd ”Wermelgion and Partners Investment” and any provider of the data contained on this website disclaim liability for any loss or loss incurred as a result of trading transactions made with reference to the information provided.
Short
by WockBruder
EURUSD#2--->Waiting to Sell:Good day dear #investors and colleagues #traders. Your attention a technical analysis of the currency pair #Eurusd: #Comment_to_past_week: The single European currency continues its victorious march to new heights using the global fall in indices. Funding the #carrytrade strategy through the euro has the opposite effect, market participants have come under attack and are now selling assets to repay loans in block currency. If #carrytrade uses the scheme (For example, USA): 1. Get a loan of #euro --≥ 2. Sell euro / buy #dollars --≥ 3. Buy assets in the USA. Then now the scheme is the opposite and it gives the euro growth: 1. Sell assets in the USA --≥ 2. Sell dollars / buy euros --≥ 3. Give a loan in euros. Consequently, the withdrawal of liquidity denominated in euros. Thus, the single European currency strengthened this week 181 points (+ 1.68%). #Technical analysis: Globally (D1): Despite such rapid growth, the single European currency continues to be in the global downward range. Formed from September 21, 2018. The current situation involves testing it for strength in the region of 1.1170-1.1200. Locally (H1-H4): The currency pair is expanding the upward channel, the pair overcame the downward movement and headed for new highs. "In the euro, a rather strange picture is formed when it fell, there were no technically important significant levels of support. Now when it is growing, and like a hot knife, all levels of correction went through oil again, a situation develops in which there are no technical resistance levels." By tradition, we call the weekly support and resistance zones: A) Support: 1.0871 and 1.0714; B) Resistance: 1.1119, 1.1210 and 1.1367; #Orders_and_position: Our system assumes that the euro value of the euro is currently overstated. And soon she can start a correction. This is confirmed by our leading indicators. At the same time, a system that analyzes the “normal” price behavior tells us that the current trend is outside the normal movement. = ≥ Enters sale at the time of writing the article early. But, we will begin to look for consolidation movements to open short positions. We will give special attention to the global zone of resistance and the levels described above. Regards to subscribers, Ltd ”Wermelgion and Partners Investment” !Attention: Trading financial instruments and (or) cryptocurrencies is fraught with high risks, including the risk of losing part or all of the investment, therefore it is not suitable for all investors. Cryptocurrency prices are extremely volatile and can change due to external factors such as financial news, legislative decisions or political events. Margin trading leads to increased financial risks. Ltd ”Wermelgion and Partners Investment” and any provider of the data contained on this website disclaim liability for any loss or loss incurred as a result of trading transactions made with reference to the information provided.
Short
by WockBruder
EURUSD nosedive beyond Corona? - A fundamental outlookFor a great amount of time, the EURUSD pair has been falling continuously. And it's falling so greatly that has broken its 2 year's low with a snap as predicted! (see a grey circle and For analysis check the related idea) The pair enjoying a halt at current levels but, IS THE MARKET WILLING TO PUSH IT EVEN LOWER? The answer could be YES! There could be several reasons behind this as follows: 1. Economic comparison: EUR is getting weaker as eurozone not performing well. as well as German ZEW sentiment was fairly negative and export-based sectors not doing well. 2. Brexit brawl really did badly for the EUR. 3. +ve US Q4: Q4 report for the US indicated that the US economy is outperforming the Eurozone. 4. +ve January NFP: This was an important factor in strengthening currency 5. Corona fears: Increasing Corona cases are increasing fears in the market as well which helps USD as a safe heaven. 6. Weakened other safe heavens: Other safe heavens as Japan seems to be safe no more as Japan is also reporting increasing Corona cases, as well as Japanese export, is also not doing well, luring investors to Dollar. Conclusion: EURUSD pair is falling continuously and having good prospects for the 1.0700ish levels. Happy trading! _____________________________________________ ✅First 100 PIPs free on! For more details: Telegram : tradingmoore Twitter: gmoore0715
Short
by TREND-KEY