EURUSD - 17 Feb , break and retest entry SELL
EURUSD trend forecast February 17, 2025
The EUR/USD pair struggles to extend its recent winning streak, fluctuating within a tight trading range just below the key 1.0500 psychological threshold during the Asian session on Monday. Nevertheless, spot prices remain near their highest level in almost three weeks, reached on Friday, as the US Dollar (USD) continues to weaken.
From a technical standpoint, sustained trading above the 38.2% Fibonacci retracement level of the November-January decline, coupled with positive momentum indicators on the daily chart, strengthens the bullish outlook. Consequently, a further advance towards the 1.0545-1.0555 zone—where the 50% retracement level aligns with the 100-day Exponential Moving Average (EMA)—appears to be a likely scenario.
H1 frame shows eurusd price in downtrend, break support and continue to decrease
/// SELL EURUSD: zone 1.04800-1.05000
SL: 1.05300
TP: 40 - 80 - 150pips ( 1.03500 )
Safe and profitable trading
The EUR/USD pair struggles to extend its recent winning streak, fluctuating within a tight trading range just below the key 1.0500 psychological threshold during the Asian session on Monday. Nevertheless, spot prices remain near their highest level in almost three weeks, reached on Friday, as the US Dollar (USD) continues to weaken.
From a technical standpoint, sustained trading above the 38.2% Fibonacci retracement level of the November-January decline, coupled with positive momentum indicators on the daily chart, strengthens the bullish outlook. Consequently, a further advance towards the 1.0545-1.0555 zone—where the 50% retracement level aligns with the 100-day Exponential Moving Average (EMA)—appears to be a likely scenario.
H1 frame shows eurusd price in downtrend, break support and continue to decrease
/// SELL EURUSD: zone 1.04800-1.05000
SL: 1.05300
TP: 40 - 80 - 150pips ( 1.03500 )
Safe and profitable trading
Trade attivo
10 pips profit start signal ( SELL EURUSD : 1.04800 - 1.05000 ) Trade chiuso: obiettivo raggiunto
+ 30 pips , profit entry SELL EURUSD ( 1.04800 - 1.05000 ) 
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.