Bearish Euro going forward

FX:EURUSD   Euro / U.S. Dollar
205 6 4
Eurousd could go downside as the charts suggest , 20MA weaking for now
Comment: see chart here
Comment: This chart based on Mcginley indicator was based on inputs from my friend and Mentor , Brian Twomey, a great Forex wizard and trader,
booked partial profits at 1.1300, have some pending sell from 1.14x and looking to scalp from 1.1300 onwards -- waiting for more downswings
trade closed profits booked now , hope you all enjoyed , I am not too sure now, we could have buy pressure soon, good luck
The price from April is in a trading range 1.14x-1.133x levels and now a bearish break out could occur at 1.1330 levels short term . see this chart too for guidance
conservative traders can place trade at 1.1300 , Short here for 1.1220 levels, good luck
I am not a market mover and I have an open Sell position. Readers are requested to use a Stop loss and trade as per their risk taking abilities. good luck.
The indicators indicate a bearish Euro in a trend for some time and could retrace from .382 fib and break support further to 200 D ma where the recent low lies 1.1143
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 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out