Get started

Eurusdshort

Bearish EURUSD ProjectionThe current analysis of EURUSD indicates a downward trend. Yesterday, it broke a significant support level and closed below it. While a temporary reversal may occur before the bearish movement continues, it's important to note that the DXY (US Dollar Index) has surpassed a major resistance level. This development suggests that EURUSD is likely to decline further towards the 1.05553 price zone, which represents the next significant support level in the coming weeks. It's crucial to remain aware that market conditions can shift unexpectedly. If the price manages to surpass the extended trendline and break above it, my bias would change. However, as of now, I maintain a bearish outlook on EURUSD. What's your thought on this? Kindly comment below
Short
by Popeson
EURUSD 4HR Bearish ProjectionThe current analysis of EURUSD indicates a downward trend. Yesterday, it broke a significant support level and closed below it. While a temporary reversal may occur before the bearish movement continues, it's important to note that the DXY (US Dollar Index) has surpassed a major resistance level. This development suggests that EURUSD is likely to decline further towards the 1.05553 price zone, which represents the next significant support level in the coming weeks. It's crucial to remain aware that market conditions can shift unexpectedly. If the price manages to surpass the extended trendline and break above it, my bias would change. However, as of now, I maintain a bearish outlook on EURUSD. What's your thought on this? Kindly comment below
Short
by Popeson
2
EURUSD Staying Short Looking at an overall strong downtrend, and getting solid rejection on the 5 minute time frame. Entry taken at market value, stop above 1.0837 and looking to target just shy of the next daily level. Price will have to move through some smaller levels to finish going down, but I do believe it will stay the course. The downtrend line leading down from the highs is staying fairly consistent, and looking to see it continue in the same way. Trading on the phone, hopefully the chart comes out ok.
Short
by ForexStoryteller
EURUSD sellHello traders today we are having good profits In gold and am pretty sure we wil be in profit on GJ now we are talking about EURUSd which will give us good profits today inshallah Now coming towards My anylsis EURUSD is showing us bullish trend on Daily tme frame but on H4 it has a beautiful wave formation of higher lows and lower lows and in my view the current LH is completed and we have a H4 significant resistance and its also a retest of H4 resistance level after breakout we are waiting for this current candle to be closed as a hammer doji or evening star and we will enter on this confirmations and we will have a beautiful 1:2.64 R:R in current scenario now we hope EURUSD will perform what we think of
Short
by Wakeel_Saab
EURUSD Downside PotentialHey, traders! This is an intra-day short idea on EURUSD. Technicals: (read chart) - Double top on pivot area - 62% retracement - Break and retest of internal structure - Intra-day re-target lows Fundamentals: Key Themes - USD: No progress last Tuesday on debt-ceiling negotiations - USD: Market fears > Risk Aversion > USD appreciation - EUR: Lack of catalysts this week - EUR: ECB hawkish remarks already priced-in I expect these themes to only be short-term though Happy Trading!
Short
by rob_WRLD_
2
EUR/USD: Potential swing trade shortThe 10hour chart remains within an established downtrend within a bearish channel. Prices retraced towards the daily pivot point and upper trendline whilst a bearish RSI divergence formed on RSI, yet volumes were notably lower to suggest the rise was corrective. Momentum has turned lower, so perhaps the swig high has already been seen. - The bias is bearish below 1.0890 - Bears can target the daily S1 pivot for an initial target, although the daily
Short
by CityIndex
Next week EUR/USD bearish I feelTitle: EUR/USD Bearish Momentum Expected Next Week - A Comprehensive TradingView Analysis Introduction: In this trading analysis, we will explore the bearish outlook for the EUR/USD currency pair in the coming week. We will examine various technical indicators, key support and resistance levels, as well as fundamental factors that could impact the pair. This analysis aims to provide traders on TradingView with a comprehensive understanding of the potential bearish momentum and trading opportunities in EUR/USD. Technical Analysis: 1. Moving Averages: - The 50 moving average (MA) has crossed below the 200 MA, indicating a bearish signal known as a "death cross." 2. Support and Resistance Levels: - The pair has struggled to break above a significant resistance level at 1.2200, suggesting a potential reversal. - The nearest support level break I feel, 3. Fibonacci Retracement: - Applying Fibonacci retracement levels to recent price swings reveals a bearish pattern. Thanks
Short
by rakibhasantusar