acsedward

EUR/USD Short-Term Analysis: Daily Market Breakdown & FxSignals

Short
FX_IDC:EURUSD   Euro / U.S. Dollar
In this analysis, we take on the Euro (EUR) against the U.S. Dollar (USD) on a multi-timeframe analysis, going from the monthly line chart higher-timeframe, long-term market cycles and current Fibonacci levels, to the weekly candle chart and short-term projections, to the daily current supply and demand zones, support and resistance levels. The EURUSD market is currently at resistance levels and we're expecting a move to the downside on a nice short with good risk to reward ratio and good probabilities for a short-term swing trade.

Wish you guys good trading and if you enjoy this analysis, please give me a like and share your ideas on the comments section, I'll really appreciate feedback from you guys and I promise to read and reply to each and every one of them as soon as possible.

An amazing week for all of you and until the next post! :)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.