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Eurusdsignal

EurUsd- Sell rallies is my strategyA few weeks ago I said that EurUsd could drop to 1.05 zone support and, indeed, the pair fell to that level. A rebound followed after the second touch of this support and now the pair is trading back above 1.07. Although this double touch of the 1.05 zone and the break above 1.07 looks like a double bottom, in my opinion, it will not play out and I expect a reversal to the downside from 1.0770-1.08 resistance zone and a new drop towards 1.05 support. A daily close above resistance would negate this scenario
Short
by Mihai_Iacob
7
EURUSD possible bullish move!Currency Pair : EURUSD Possible direction : Bullish Technical Analysis : Price just has broker out of the daily trend line and just tested the previous resistance as support and changed it's down trend to uptrend. As the monthly candle closed, we significant bullish move and highly likely price will hit weekly resistance level as weekly long wick doji has not been tested yet. Possible trade recommendation : Bullish as per chart sketch Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
Long
by ForexWizard01
Do not miss this sell opportunity on EURUSD!Last week we spotted a rising wedge pattern on EURUSD. This is a bearish reversal pattern and we were expecting EURUSD to show weaknesses, seeing that US dollar index is rebounding. I anticipate that EURUSD will gravitate towards the imbalance and a daily bearish candle at 1.00703 of 09 November 2022. We will be monitoring price on Monday, London open to see if we can catch a short position. I believe that it will first reprice last week's gap of 1.056 before going lower. Please support this idea with likes and it will be highly appreciated. US Dollar Index
Short
by Forexintelligence_NA
1
EURUSD : Long Trade , 4hHello traders, we want to check the EURUSD chart in the 4-hour time frame. The overall trend of the market in this time frame is upward, but the price is in a downward trend in a smaller channel, and we predict that it will continue to fall until the key level of 1.04800. The price has reacted to this level several times in the past, and we expect it to react to this level again and the market decline will stop at this level, and we expect the price to grow to around the price of 1.06700. Good luck.
Long
by mrAT_Trader