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Eurusdsetup

EUR/USD Multi-Timeframe analysis (04/03/2021)Hi Traders EUR/USD Multi-Timeframe analysis (04/03/2021) H1 Chart ( Neutral ) The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track. Support & Resistance N/A H4 Chart ( Bearish ) A high probability, entry signal to go SHORT was given at 1.20717 after the market found resistance at 1.21137 . Only the upward break of 1.21137 would cancel the bearish scenario. Support & Resistance 1.20225 1.21121 1.19910 1.21435 1.19196 1.21791 Daily Chart ( Neutral ) Conflicting technical signals are indicating towards an unstable market, cautioning us to remain neutral and wait for a stronger trend to develop. Support & Resistance 1.20527 1.21887 1.19517 1.22421 1.18453 1.23485 Weekly Chart ( Neutral ) The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track. Support & Resistance N/A
Short
by Avramis
EURUSD 15min Signal: Possible ShortEURUSD has been largely affected by inflation concerns. While central banks offered easing measures to combat the impact of covid19 on the economies, the risk for inflation increased. The market is still assessing the risks, which my trigger some volatility in basket of currencies. Regarding EURUSD, it may initially appear EURUSD may be positioned for corrective gains. A deeper look into the charts suggest EURUSD downtrend my resume. To have a better entry, a break below the middle line (which is a must for the setup) may pave the way for stronger weakness towards the third line, which is the target of the signal. The strategy is intentionally kept simple.
Short
by DDMARKETS
1
EURUSD Downtrend channel Downtrend channel (now at the upper boundary for correction to 1.18140 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast.
Short
by QuantumLabSignals
EUR/USD Continues to Fall Bringing Better Longing OpportunitiesThe USD's strength in the past few days keeps pushing this down. In my last post on this I hoped it would hold at 0.382 Fibonacci but did say it could drop to 0.5 and 0.618. This price aligns with previous structure so there will be support here. For the moment it is still bearish so we need to wait for a sign that it will turnback before entering another long. MACD needs to start rising back to 0 and EMA's need to come close to crossing back over. Target is still the same as previous post - 1.25529
Long
by olly48
3
Triangle pattern in 4th wave of the first descending pointBy double-checking the charts of this currency, in the 240-minute time frame, and according to the triple wave structure of the sides, which has been started from the range of 1.2132 and extended up to the range of 1.2155. The scenario of a Triangle pattern is under formation, which is in the 4th wave from the first descending point. By crossing the price from the range of 1.2058, we can get the confirmation for the completion of the first wave from the downtrend.
by NirmataFX
1