Short Setup on EUR/USD 💥 Checking out this juicy short setup on the EUR/USD 15m chart! 🎯 Short Entry: Below 1.1062 Stop Loss: Above 1.1073 Take Profit: Around 1.1052 Price is bouncing off the 200 SMA, and I’m looking for a drop to the previous support. Let’s see if the bears can take control! 🐻📉
EURUSD Intraday - We look to Sell at 0.9810 (stop at 0.9844) Following yesterday's bearish candle, the overall trend lower looks set to continue today. The medium term bias remains bearish. A firmer opening is expected to challenge bearish resolve. Preferred trade is to sell into rallies. Our profit targets will be 0.9736 and 0.9700 Resistance: 0.9810 /...
EURUSD Intraday - We look to Sell at 0.9719 (stop at 0.9791) The primary trend remains bearish. We can see no technical reason for a change of trend. A firmer opening is expected to challenge bearish resolve. A Fibonacci confluence area is located at 0.9740. Preferred trade is to sell into rallies. Our profit targets will be 0.9553 and 0.9525 Resistance:...
EURUSD Intraday - We look to Sell at 0.9988 (stop at 1.00362) The medium term bias remains bearish. A bearish Head and Shoulders is forming. Selling spikes offers good risk/reward. We look for losses to be extended today. Our profit targets will be 0.9864 and 0.9825 Resistance: 0.9992 / 1.0200 / 1.0775 Support: 0.9850 / 0.9750 / 0.9700 Please be...
EURCHF Intraday - We look to Sell at 0.9639 (stop at 0.9659) Our short term bias remains negative. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. 50 4hour EMA is at 0.9630. The previous swing high is located at 0.9656. Our profit targets will be 0.9586 and 0.9576 Resistance:...
EURUSD Intraday - We look to Sell at 0.9997 (stop at 1.0060) We are trading at oversold extremes. There is scope for mild buying at the open but gains should be limited. Resistance is located at 1.0000 and should cap gains to this area. Preferred trade is to sell into rallies. Our profit targets will be 0.9853 and 0.9825 Resistance: 1.0000 / 1.0360 /...
EURCHF Intraday - We look to Sell a break of 0.9698 (stop at 0.9719) 0.9699 has been pivotal. A break of the recent low at 0.9670 should result in a further move lower. Short term momentum is bearish. The primary trend remains bearish. We look for losses to be extended today. Our profit targets will be 0.9646 and 0.9636 Resistance: 0.9720 / 0.9740 /...
EURCHF Intraday - We look to Sell a break of 0.9759 (stop at 0.9781) Daily signals are bearish. There is no clear indication that the downward move is coming to an end. A break of the recent low at 0.9760 should result in a further move lower. Bespoke support is located at 0.9760. Our profit targets will be 0.9703 and 0.9693 Resistance: 0.9800 / 0.9820...
EURCHF Intraday - We look to Sell at 0.9909 (stop at 0.9931) The weaker Euro has affected performance. There is no clear indication that the downward move is coming to an end. Our short term bias remains negative. Preferred trade is to sell into rallies. Bespoke resistance is located at 0.9910. Our profit targets will be 0.9854 and 0.9844 Resistance:...
EURCHF Intraday - We look to Sell at 0.9976 (stop at 0.9998) The weaker Euro has affected performance. There is no clear indication that the downward move is coming to an end. 50 1hour EMA is at 0.9976. Our outlook is bearish. We look for a temporary move higher. Our profit targets will be 0.9922 and 0.9912 Resistance: 0.9945 / 0.9960 / 0.9980 Support:...
EURUSD Intraday - We look to Sell at 1.0528 (stop at 1.0564) Following yesterday's bearish candle, the overall trend lower looks set to continue today. Rallies should be capped by yesterday's high. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.0530, resulting in improved risk/reward. Risk/Reward would be...
Nothing suprise news boost on Eur economy. All EUR major pairs falls. i guess it will touch back to the trend line only will break the minor support. If it break the greenbox it will look for next support.
The EUR vs JPY is showing hourly divergence on an overall downtrend. Also, I don't normally trade trendlines but have been experimenting with them lately. Some swear by them, others hate them. I have no opinion yet. Do you? Lets see what happens. What do you think?