Our free forex signals service trade today is a sell order on the EUR/USD pair. The EUR/USD pair maintains a bearish bias, so further growth is somehow expected. Still, we’ll have to wait for a great selling opportunity before considering going short on this pair. The price action signalled that the short term rebound is over and that the sellers could take the lead again. Technically, the price action signalled that the buyers are exhausted and that the bears could take the lead soon. Get FREE Forex Signals Now! 3 Free Crypto Signals Every Week – Full Technical Analysis ZEW Economic Sentiment Fundamentally, the Euro has taken a hit from the Eurozone ZEW Economic Sentiment which was reported at 21.0 points far below 27.9 points expected and after 31.1 points in the previous reporting period. In addition, the German ZEW Economic Sentiment dropped from 26.5 to 22.3 points below 23.7 expected. The US JOLTS Job Openings indicator is expected at 10.95M in August above 10.93M in July. Still, maybe the traders await for the US inflation data and for the FOMC Meeting Minutes report before taking action. The EUR/USD registered false breakouts with great separation above the descending pitchfork’s median line (ML) and above the weekly pivot point (1.1579) announcing strong selling pressure. It has dropped below the ascending pitchfork’s lower median line (lml). Stabilizing below this downside obstacle may signal a new leg down. Free forex signals – SELL EUR/USD at 1.1545 Free forex signals entry price and take profit Instrument: EUR/USD Order Type: SELL STOP Entry price: 1.1545 Stop Loss: 1.1587 TP1: 1.1494 My Risk: 1% Risk / Reward Ratio: 1:1.2 Looking to trade forex now? Invest at eToro! Trade Forex Now! 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Olimpiu Tuns Olimpiu Tuns Olimpiu Tuns graduated with a Master in Business Administration and is a seasoned Market Analyst / Trader / Trainer with 10 years of experience in the financial markets having expertise in Forex, Commodities, Index, Cryptocurrencies, and Stocks. He worked as a Market Analyst for three major brokerage companies, as a prop trader, and as a contributor/content creator for news portals and educational platforms. View All Post By Olimpiu Tuns Forex Trading Signals share Read Next Gold Forecast: XAU/USD Undecided Ahead Of US Inflation Figures Gary McFarlane 7 months Our free forex signals service trade today is a sell order on the EUR/USD pair. The EUR/USD pair maintains a bearish bias, so further growth is somehow expected. Still, we’ll have to wait for a great selling opportunity before considering going short on this pair. The price action signalled that the short term rebound is over and that the sellers could take the lead again. Technically, the price action signalled that the buyers are exhausted and that the bears could take the lead soon. [su_button url="https://www.forexcrunch.com/visit/learn2trade" style="3d" background="#1d44bb" size="8" center="yes" radius="0"]Get FREE Forex Signals Now![/su_button] 3 Free Crypto Signals Every… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
