EURUSD: Strong preference for selling strategy!
Dear friends!
EURUSD continues to sustain losses below 1.0500 during the early trading hours on Thursday. The pair is under pressure due to the recovery of the US dollar. Meanwhile, the Euro (EUR) weakens following former US President Donald Trump's threat to impose a 25% tariff on the European Union. This development has prevented EURUSD from making significant gains, keeping it limited below the 1.052 resistance level, marked by two recent peaks.
In the short term, EURUSD remains well-supported by bulls around the key support zone of 1.0462. However, this upward move appears to be a temporary consolidation before a potential strong decline, as indicated by the unchanged EMA 34 and 89 levels and a shift in momentum towards a bearish trend. My primary strategy focuses on selling, aiming for further downside if the support level is broken and a new resistance is established.
Wishing you successful trades and profitable opportunities!
EURUSD continues to sustain losses below 1.0500 during the early trading hours on Thursday. The pair is under pressure due to the recovery of the US dollar. Meanwhile, the Euro (EUR) weakens following former US President Donald Trump's threat to impose a 25% tariff on the European Union. This development has prevented EURUSD from making significant gains, keeping it limited below the 1.052 resistance level, marked by two recent peaks.
In the short term, EURUSD remains well-supported by bulls around the key support zone of 1.0462. However, this upward move appears to be a temporary consolidation before a potential strong decline, as indicated by the unchanged EMA 34 and 89 levels and a shift in momentum towards a bearish trend. My primary strategy focuses on selling, aiming for further downside if the support level is broken and a new resistance is established.
Wishing you successful trades and profitable opportunities!
Trade fermée: cible de profit atteinte
🚀 Join My Completely Free Signal Group:
🎯 High-Accuracy Signals: Consistently delivering winning trades!
📈 Real-Time Market Update.
💬 24/7 Support: We're always here to help, whenever you need.
👉 Join now via: t.me/+xT2uUeadoeo1YTRl
🎯 High-Accuracy Signals: Consistently delivering winning trades!
📈 Real-Time Market Update.
💬 24/7 Support: We're always here to help, whenever you need.
👉 Join now via: t.me/+xT2uUeadoeo1YTRl
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
🚀 Join My Completely Free Signal Group:
🎯 High-Accuracy Signals: Consistently delivering winning trades!
📈 Real-Time Market Update.
💬 24/7 Support: We're always here to help, whenever you need.
👉 Join now via: t.me/+xT2uUeadoeo1YTRl
🎯 High-Accuracy Signals: Consistently delivering winning trades!
📈 Real-Time Market Update.
💬 24/7 Support: We're always here to help, whenever you need.
👉 Join now via: t.me/+xT2uUeadoeo1YTRl
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.