EURUSD Swing Downtrend AnalysisTrade Analysis : Swing EURUSD Downtrend
Channel analysis on EURUSD
Trend Identification: Swing Downtrend EURUSD .
Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points.
Price Behavior: Daily Bearish pullback with market structure.
Targets: T1 = 1.6000, T2 - 1.0550.
Risk Management: Set appropriate stop-loss levels to manage risk and protect against adverse price movements.
Confirmation Indicators: Support/Resistance Levels, Higher High, Higher Lows.
Conclusion: Based on the chart analysis of , EURUSD is Downtrend has been identified. EURUSD is heading towards the 3-Month Low. Combine this analysis with thorough research and risk management strategies to make well-informed trading decisions. Avoid counter-trend trading. Happy trading!
(Note: Trading is subject to market risk. This is analysis not an trade idea for trade.)
Eurusdshort
Eurusd is short or what? For me i am looking for short because of higher time frame analysis. Here is my short setup for this week, if you have no idea for this week just follow it's upto you. Wait for price to reach the upside zone in NEW YORK session then look for double top in that zone area(basically first candle rejected + next candle close below the zone+ again some retest rejection from the zone) then take the setup. Keep the stoploss above the zone and target 1:3 are the below mentioned zone thank you.
EURUSD Analysis!EURUSD Weekly Analysis!
EURUSD Support Trendline Breakdown!
Short Trade Opportunity in EURUSD!
EURUSD has given a brekdown to it's support trendline. It's been 2 week now sorry for late posting this trade idea but still the trade is in active state because there is a momentun in down side till the support zone which is 1.05447 - 1.04852. I can see this pattern is a Rising Wedge pattern if i am not wrong. We can see, in the last 2 weeks the volume is increasing like bears are interested in dragging down the price. RSI also not moving as per price if we observe carefully it is showing a small inclination during price making higher high's and then the downmove has started. Rest of all analysis is on the chart itself please have a look.
Thank You!
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
EURUSDFOREXCOM:EURUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
Preparing for the Worst: Trading Ahead of a US Debt Default"It is impossible to predict with certainty the exact date when Treasury will be unable to pay the government's bills," Treasury Secretary Janet Yellen said in a letter to Congress. Although Yellen noted a tentative date of June 1 as the due date to help spur lawmakers into action.
While it is highly unlikely that the US will default on its debt, this doesn’t mean that the traders won’t make plans to deal with a default or get jittery. Two likely markets that will have to deal with the moves from these investors will be forex and gold.
If uncertainties about an unprecedented potential U.S. debt default persist, the US dollar might lose some of its safe haven status which would possibly shift to gold.
US President Joe Biden plans to meet with House Democratic leader Hakeem Jeffries, Senate Majority Leader Chuck Schumer and Republican leader Mitch McConnell on May 9. This will be a key date to watch the US dollar and gold in case the group come to some kind of agreement to increase the debt ceiling.
With the US being the bedrock of the whole world’s financial system, we might also expect to see investors' jitters manifest in offshore-based assets too. Other safe havens such as the Japanese yen, the Swiss franc, and particularly the euro might be prime candidates for inflows.
Range Breakout Failure on the Daily! EURUSD Short.Hello Traders!
1. We see a range made by the EURUSD market on the daily timeframe.
2. There was a clear breakout with the closing of the breakout bar way above the range.
3. A bearish inside bar was formed right after it.
4. Market has also tested 88.6 per cent fib.
5. Once the low of the mother bar (breakout bar) is broken, we can see movement downwards till the market orange zone.
6. Remember, this is on the daily timeframe, so delivering the target may take some time.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
EURUSD FORECAST 22ST MARCH 2023 As per the chart pattern we can easily see that EURUSD is forming a Bearish Pattern On 1 Hour Time Frame.
If we take a Short Position now we can easily Achieve a target till 1.06653.
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