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Eurusdforecast

20 Reasons for short EURUSD 🤑TOP DOWN ANALYSIS OVERVIEW🤑 🧐Eagle eye: 21-year-old Supported ORDER block is Taped, and after it, prices go up as retracement or corrective move Monthly: there is one monthly IMBALANCE AREA AROUND 1.0794. It is hard to price reach because of too many resistances between the current level and the monthly FVG Weekly: price taped with extreme weekly imbalance or FVG area and made a strong reversal candle last week, but this week candle is trying to engulf it and is still below the high, so there is no need to worry because the previous high is protected yet 1 Structure analysis time frame: Daily structure is bullish, and the price is not able to break the previous high we know well previous high is already at the weekly FVG resistance level so 2 target time frame: Daily Breakout points Around 1.0159 to 1.0090 areas 1st initial target if prices give us clear signal because price also give us a daily higher low excepted move is bear or reversal 3 Current Move: Impulse 4 Entry Time Frame: h4 4.1 Entry TF Structure: Choch 4.2 entry move: Sideways Yet 5 Support resistance base: Previous H4 Orderblock 6 FIB: Trigger event at daily 7-candle Pattern: Keyreversals 8 Chart Pattern: Double Top 9 Volume: Big volume at 1st high Low on 2nd Reversal signal because prices make a double top with 2nd leg low volume 10 Momentum UNCONVENTIONAL Rsi: Range Shift from bull to sideways 11 Volatility measure Bollinger bands: M pattern with a volatility divergence Reversal signal 12-strength ADX: Show strong for bulls for an extra signal. We can wait for dmi cross over 13 Sentiment ROC: Eur weaker than USD in terms of rate of change 14 final comments: With open high, we can go with the bears' sell 15: decision: sell 16 Entry: 1.0352 17 Stop losel: 1.04560 18 Take profit: 1.0010 19 Risk to reward Ratio: 1:3 Excepted Duration: 10 days
Short
by Optimum369
2
EURUSD | Perspective for the new week | Follow-up detailsIt was was a choppy situation for the EURUSD as price action was caught within a channel between the 1.04450 and 1.03150 level through out the course of last week's trading session. The bullish momentum that started two weeks ago was strongly resisted by sellers around the 1.03750 - a level that shares a confluence with the bearish trendline on the daily time frame. All bullish attempt at this juncture in the market appear to be negated by the bears as I am of the opinion that we might be witnessing a breakdown of the 1.03150 level to signal a retracement phase in the coming week(s). Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
2
Eur/Usd Analysis 24.11.2022Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow!
by basictradingtv
EURUSD OUTLOOK - CHART PATTERNS - Sell Correction EURUSD has broken its bearish cycle and we are about to head into a strong general Bullish Trend. As a day trader, The Daily, 4H, and 1H tend to be my go-to timeframes, and on these time frames, the market has broken to the upside, breaking through the trend, so a correction or retracement is imminent. The Formation of the BEARISH Triangle on the Hourly time, shows the incoming of a Bearish short time move for next week. The PINBAR on the weekly time frame acts as a strong indicator for this to happen, I will watch out for the price action of the various support level that price might act on.
by MaximFxBoss
EURUSD - CURRENT SENTIMENT ANALYSE , DXY #EURUSD - As of last day, the MARKET SENTIMENT for EUR was slightly UP SIDE. The main reason for that is that the dollar is starting to weaken quite a bit. As of today, due to MARKET RISK being ON, all MARKETS including STOCKS and COMMODITIES are going up a bit. But with RETAIL SALES this situation has changed. Therefore, if the FED is HAWKISH, the USD can definitely go UP. - Definitely, according to the market structure, EURUSD can go down to the support level of 1.0094 below. At the moment, there is quite a DOWN SIDE BIAS in the MARKET for EUR. After that, EURUSD can go up to 1.0772 LEVEL. If the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP, there will be more EURUSD BUY. So keep an eye on it.
by benny_marshall
EurUsd has carved a very nice topAs I said multiple times in the past 2 weeks, 1.0350 is strong resistance for EurUsd and I expect a drop from this zone. Although the pair had a spike above this zone and reached 1.0475(which is marked by a strong Pin Bar), the overall idea was the same: resumption of the downtrend. Last week we have distribution in this zone and now the pair looks ready for a drop. My target for this drop remains under 1.01 and as long as last week's high is intact sell rallies is my strategy
Short
by Mihai_Iacob
12