@iqureshi231 on EURUSD | PriceONN Community

AI-Powered Real-Time Forex & Crypto Market Analysis

For Investors

Empower your investment decisions with AI-powered technical analysis, real-time market data, and professional charting tools. Your analysis partner for informed decisions.

Market Predictions

Powered by AI

Get AI-powered market analysis. Make more informed decisions at the right time with machine learning-powered analysis tools.

Professional Chart

Tools & Indicators

Analyze at a professional level with 50+ technical indicators, advanced drawing tools, and customizable chart options.

Real-Time

Market Data

Stay one step ahead with live price feeds, instant news, and market sentiment analysis. 24/7 uninterrupted data stream.

Pattern Recognition

Automatic Detection

Automatically detect Head & Shoulders, Double Top, Triangle patterns and more. Don't miss opportunities with AI-powered pattern analysis.

MetaTrader 5

Full Integration

Connect your MT5 account and monitor your portfolio in real time. Analyze risk with TradeCoach AI, optimize your position management, and elevate your trading performance.

Community Sentiment Intelligence

Real-Time Multilingual Sentiment Analysis

Not a poll. Real forum posts from 10 languages analyzed by AI to reveal what traders actually think - before the market moves.

I
Just opened a long position on EURUSD around 1.1545. Saw a nice bounce off the daily pivot point and the RSI is cooling down from overbought territory on the H4 chart. Targeting the R1 at 1.1512 initially, with a tight stop loss just below the current low at 1.1530. Let's see if this setup plays out. Feels like a good risk/reward here given the recent dollar strength news.
EURUSD

Replies (1)

A
ava285 PRO newbie Apr 5
@iqureshi231 That setup sounds interesting, but I'm a bit hesitant about going long on EURUSD right now. The dollar seems to be gaining momentum, and Friday's NFP data was quite a surprise, which usually favors the USD. I'd be cautious about that R1 target, and I'm not sure the RSI cooling is enough to counter the broader bearish sentiment, especially with oil prices still high affecting global sentiment.
EURUSD 1.16239 +0.10%
GBPUSD 1.35362 +0.17%
USDJPY 154.75850 -0.95%
XAUUSD 4,393.10 -0.85%
XAGUSD 65.53 -0.96%
BTCUSD 79,405 -0.62%
SP500 6,572.87 +0.74%
BRENT 95.48 +1.29%
0:00 0:00