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Eurusdshort

Mixed DayHello everyone; Today, we will receive inflation data from the UK and the European Union in the London session. Inflation in the UK is still expected to remain high. However, things seem to be getting better in the European Union. Later, we will see construction data from the USA in the New York session. According to these data, the construction sector is expected to recover compared to the previous month. Recently, I read a report about this situation and that representatives of the construction industry in the USA were negotiating to prevent interest rates from increasing further. That's why this data is of particular importance to me. Above all, today there will be a visit from the US government regarding the Israeli-Palestinian conflict. I expect that with the latest developments, Israel will be forced into a ceasefire, even if it is a small one. In this case, we can see an appreciation in the USD index. Today, since I said I would share my transactions throughout the week, I will write down the transactions I opened. I hope they are useful to you. Remember that your support motivates me. Please like and subscribe for more sharing. It makes me so happy :) Good luck...
Short
by ucanpehlivan
EURUSD 4H TECHNICAL ANALYSISEURUSD has recently experienced a significant surge, as evidenced by the confirmed buy signals indicated on the chart. However, a comprehensive analysis suggests an impending bearish movement influenced by the identifiable order block within the range of 1.06198 to 1.06723. This zone is likely to exert a substantial resistance, triggering a potential reversal in the current bullish trend. To ensure a more robust assessment, it is advisable to wait for a confluence of the signals, particularly focusing on the emergence of a choch, which would provide a more comprehensive and corroborative indication of the market's directional shift. This cautious approach emphasizes the need for confirming indicators to support the anticipated bearish movement, thereby reducing the potential risks associated with premature trading decisions. Furthermore, in monitoring the price action at the 1.06398 resistance level, investors can gain valuable insights into the market dynamics and potential trend reversals. The careful observation of price fluctuations in this critical range will enable a more informed evaluation of the market's response to the resistance level, facilitating a better understanding of the underlying market sentiment and potential trading opportunities. Considering the current market conditions and the identified order block, it is crucial to adopt a prudent approach, placing emphasis on the confirmation of the choch for confluence, and closely monitoring the price action at the 1.06398 resistance level. This comprehensive analysis will enable investors to make well-informed and strategic trading decisions, mitigating potential risks and capitalizing on the projected bearish movement in the EURUSD market.
Short
by fzm_100
EURUSD 1D AnlysisEURUSD faced rejection at the third touchpoint of the upper band of the descending channel, coinciding with a minor resistance level at 1.06225. Now that the price has retraced to the support, I anticipate a break of this level, primarily due to the strong demand for the U.S. Dollar in the ongoing uptrend. This could potentially drive the EURUSD pair down towards the marked target levels below. However, it's worth noting that there's a possibility of a reversal at this support level, pushing the price back up to the 1.06225 resistance level. What are your thoughts on this analysis? Feel free to share your comments below
Short
by Popeson
UPDATE EURUSD LONG/SHORT DAILYIn the previous analysis of this currency pair, we expected the price to rise when the downward trend line was broken that according to the conditions of the dollar index, this currency pair failed to fill the moving step to rise, so we updated the drawn downward trend line And we specified two scenarios for the price movement, according to the movement of the dollar index, which we examined in its own analysis, we plan our transactions in each of the possible scenarios that occur in the direction of the price movement. Thank you for following me. I would be happy to tell you your opinion about this currency. To know about the signal channel, you can send your message
by jawad369
1
First data comes with the Meeting ReportsHi there; We can say that the first 2 days of the week were quiet as not much data was announced. The only main agenda item was the Middle East. For the rest of the week, we will be meeting the meeting minutes and a few important data from the FED and ECB. We will all watch together how much this data will push the parity higher. Today, I am thinking of taking a short position with the data to be announced. While moving the position, I will be monitoring 2 different regions.
Short
by ucanpehlivan
EUR/USD Short Trading OpportunityEUR/USD Short Trading Opportunity 1. The price closed below the Trend Magic Indicator line. 2. US Dollar Index DXY uptrend continues. 3. Vortex indicates downtrend signal. 4. Retail trader data shows 62% of traders are net-long. Strong contrarian short signal. SL - above the Trend Magic Indicator line or Vortex indicator change trend signal TP - 1.0455 Keep It Simple and Always Trade With the Trend! Please, Support Our Work with Like & Comment! Thank You!
Short
by ForexWithTsanev
Like a snowballThe currency is still in a downtrend, so we are friendly with the trend. Of course, this friendship may not always last...! However, there is a possibility of a growth up to the ceiling of the downward trend and then a fall to the specified range. Also, this growth can continue up to the previous peak, that is, out of the trend. I would be happy to know that you want more forex analysis. Please let me know by liking and in the comments. Upon your request I will have more forex analysis.
by karaco2022