Eur/Usd Sell Idea!On my last post , I was talking about reading data coming out of China that they have agreed to Phase 1 of ending the trade deal with the United States. I do not know if this is why pairs moved down against the USD friday or not , but it seems likely! Maybe! I read some news on FxStreet!
Anyway, we got another big bear pinbar on another Usd Trade... Eur/Usd! I think its a sell and im waiting to enter because it seems likely that a retracement is due...
So before you decide to sell... please wait! This is a big move down and most likely a small move up could happen or even a move up to create a double top again....
It did this in the past if you look left on the chart at the same resistance area!!!!!
Eurusdshortsetup
EURUSD PRICE HAS BROKEN THROUGH - TIME TO SHORTHey traders,
Per my analysis yesterday I stated that if EURUSD could break the orange shaded area I would be short.
I see a continuation of the move downwards for EURUSD in line with the overall trend.
After a strong NFP, it looks like the US economy is still chugging along.
Simple price action and analysis.
EURUSD DAILY ANALYSIS - SHORT IF ORANGE AREA DOESN'T HOLDHey traders,
Here is my analysis on the EURUSD, we had a bearish doji close two days ago. Price has now retraced back up.
If price can push back down past the orange shaded area of S/R then I will have a short bias.
We have the overall long term trend on our side as well.
Simple price action and analysis, manage your risk, have a 1.5+ risk to return ratio and you're set.
EURUSD H1 - PRICE STUCK IN RANGEHey traders,
Another eventful day with the FOMC minutes being released today but not really adding any volatility or liquidity to the markets.
On the H1 charts for EURUSD it seems like price is currently ranging.
Once price makes a break to either side that will confirm my bias.
Overall trend is still down so I will be looking for a break out to the downside.
Simple price action and analysis.
EURUSD DAILY ANALYSIS - WILL PRICE BREAK BELOW THE INSIDE BAR?Hey traders,
This is my analysis on EURUSD on the daily time frame.
We had a inside bar close today representing some indecision of buyers and sellers.
If price can break the low of the inside bar I see a further move to the down side.
Simple price action and analysis.
EURUSD SHORT OPPORTUNITY - PINBAR AT RESISTANCEHey traders,
Here is my analysis of the EURDUSD on the H1 Charts.
EURUSD was in a bullish move upwards last week, but the long term trend is down.
We see price action of a bearish pinbar at the Support/Resistance I have labeled.
I predict that bears will continue to push price down to further lows.
Simple price action and analysis.
EURUSD short sell Downtrend readyEur/usd , Downtrend is there on the charts , one can take short and hold for a good.
It has broken the upside channel before only but one who missed the right entry can take position here also for short so keep the quantity less because stop is little far.
Trade based on your risk - reward .
EURUSD DAILY ANALYSIS - THE WEEK AHEADHey traders,
Here is my analysis for the EURUSD on the previous week and possible scenarios for the upcoming week.
Last week was a busy week with the FOMC interest rate decision as well as NFP on Friday providing liquidity and volatility to the markets.
From a very fundamental S/R perspective I have labeled 4 areas of concern on the charts.
As you can see price is currently at my S/R zone #3. On Thursday price formed a doji candle representing indecision, before price moved up with a bullish close on Friday.
If price can break through S/R #3 I will have a long bias in line with the current mini uptrend EURUSD is currently in.
If price rejects strongly from S/R #3 we will have the long term trend on our side which is down.
Price is currently below the 200 Day Moving Average but fast approaching, I will be looking at the price movements there as well.
My last analysis on EURUSD represented a high risk 1:3 risk to reward ratio which was hit. Excited to see how this week plays out.
Daily trade analysis and ideas:
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EURUSD Short 200 pips Hello Traders,
A breakout to the downside was seen in EURUSD, and thus a trade was taken with stop loss of 85 pips just around the previous high and a take profit of 200 pips just around the previous swing low. A start of a downwards momentum can be identified, thus further supporting this position.
Have a lovely day!
Riverfront Capital
EURUSD 1 HR SHORT and Education of TrendchangeHello to all watching my charts.
Here as example of EURUSD i will try to show you the manner
of trendchange and falling below support.
1. Trendchange
To check what is a trend you will find these more basics in my
ebook on my website soming soon.
Its always happens in these manner:
In the longer time review a trend is maybe still valid,
Butt the things which happens now counts always
NOT what has happens a few days or hors or minutes.... ago.
So long time review here is BLUE
HERE IT STARTS WITH LONG
IN the midtime review we do have a part of the long time trend shown
AND a part of the what happens now.
THAN IT CHANGES FROM LONG TO NEUTRAL - CHANNEL IS FLAT
So midtime review here is RED
HERE ITS NEUTRAL
And at least we get the chart information what happens really
NOW or the last.minutes / Hours
THAN IT CHANGES FROM NEUTRAL TO SHORT
Channel GREEN is SHORT (fallin down)
This points are in all timeframes and all datas same
Its either this procedure
LONG than
NEUTRAL than
SHORT
or the other way round.
2. In addition we do have a fall below the last support
I have marked it with the BLACK arrow.
Fall below support = short
Clim above resistance = long
But this i think everybody....
Good trades
EURUSD 1HR Chart NO LONGER LONG now SHORT ?Hello to all watching my charts,
Back here in the forex market i am check the EURUSD
and we do have a nice situation here, 20.10.2019
In my shorttime system ( turkis green) we are SHORT now
BUT the pairs has climbed just back in the LONG midtime
channel (blue)
So maybe that has been soomethin of a fake brakeout short,
We have to wait whether it stays in the blue channel and so comes back to
long setup or if it stays break down and fall out of the blue channel
shure, and stays in the turkis green channel.
The next hours will show that and than we can react.
Good trades for all
Renkotrade
eurusd struggleDaily analyse:
The biggest box is the actual struggle zone where the euro can fight. The upper box inside of the big one is the place where the market is likely to reverse down "if it goes so high".
Looking to the indicators and the trend, the eurusd is likely to continue it's move down.
This is not trade advice.
new complications in sight for the euroWhile there was an opportunity to see the euro going up, there are new issues coming with the crude oil affecting the euro zone next to the Brexit and other undecision. Until things will clear up. I see the crude oil problematic putting heavy weight on the already weak euro. So again, instead of recovering we'll probably see the market go down.