DownTrend? or Revounce Price Action? EURUSD

Trading Discussion
1

From my analysis and Those Indicator show me a chances of Rebouce
What do you Guys think about the market?

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2

I’m definitely in a “wait and see” thought process at the moment. The EURUSD seems to have found support after that sheer drop off but at just the end of last week saw a significant rejection.

Should also keep in mind there are many high volatility events this week. It could very easily go either way with the right reaction to the news.

3

I am comfortable in taking smaller longs around 1.3000. It will be a choppy trading week and I do not expect too much movement until Friday where I expect the USD to get hammered.

4

Market goes crazy for 4days. A little hard expectation from EURUSD. The Market keeps goes upside down. I am expecting the market will go in this few days. 1.3000, heavy support, tested for 2 times. I am expecting market to touch it again. :slight_smile:

5

EURUSD Analysis ~ fxalibaba

Re-bounce from support line??or breakout from the support line?

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6

Downtrend at the moment in the EUR/USD.

7

I agree, by my criteria I’m only looking for shorts right now.

8

Yesterday was a great movement. NICE prediction Royalblood.
NFP today, it will be crazy movement!!:slight_smile: Take care on trading. fxalibaba

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9

I think we are just about done with the sell-off.

10

I wouldn’t be too sure about it. It would be better to sell rallies at this point. Since Draghi and Carney turn to be really dovish we could see the 2 pairs go really really deep.

11

Different opinions is what creates markets, you will sell rallies and I will buy dips.

12

The important is that we keep tight stops so we don’t lose too much if we are wrong! :slight_smile:

14

3 weeks in Down Trend for 662pips~
would it going down more? or rebounce at current price???

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15

By Uk Market Open, EURUSD may create a ’ Down Channel.’
Here is the Great Chances for us to do a BETTER Risk & Rewards. ~ fxalibaba
How you say?

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16

I do not place them tight, I execute my risk management and stick to it. I think having a SL too tight may be counter-productive.

19

EURUSD ~ fxalibaba
After A Big Movement, Market will Still Continue Bullish or will retest low?

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20

Currently in the downtrend but we may see it resuming for few days or weeks and then again on long term i expect it to be bullish.

21

Heavy Resistance on the Top also. Becareful when Trading
EURUSD Analysis ~ fxalibaba
Current EURUSD price will do any Breakout? Or Keep Ranging?

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22

EURUSD Analysis ~ fxalibaba
A Real Bullish Market or Retesting the HIGH?

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23

EURUSD ~ fxalibaba
Market only Retesting on Previous High. Obviously there was a very Heavy Resstance. There is Best Risk Reward Area!!

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