EURUSD short on Weekly and Daily

This appears to be a good time to short EURUSD for the long-term based on the daily and weekly charts.


There are 3 key areas of resistance that EURUSD has failed to hold above and/or penetrate.
* R1
* Fib 0
* GANN 4/1
All of these are within the 1.126 and 1.13 area. Stochastics are also in overbought territory with the fast crossing the slow, extremely bearish at these levels. Fundamentals are also extremely strong the USD and weak the Euro .
Extremely strong probability that EURUSD will continue to be extremely bearish . A break on the weekly below the .236 level would, I anticipate a continued push down to the weekly pivot .


Daily shows some confirmation of the Weekly short plan. There is an upward channel/pennant that has broken to the downside. The close of 6/14 had significant selling pressure based off fundamentals and this downturn has continued throughout the trading day into 6/15 with a very bearish candle forming, almost entirely selling pressure (this is as of 1142 CST 6/15/17). Price is approaching the daily pivot of 1.1173, so a bounce on the daily at that level coupled with the daily stochastic being in oversold territory would be a touchy place to try and enter.

交易开始: EURUSD bulls have made several attempts to re-enter the channel, but it has been thoroughly rejected so far. Price is currently being rejected at important hourly fib levels. Anticipating a move further south to the 1.10 area, which is near the 3/1 daily GANN line.
EURUSD is now at the 4 Hour support line (S1). With USDJPY knocking right on 111.00's door, EURUSD may drop further.
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的客服工单 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出